CBOT November 2023 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Soy futures jump as heat, dryness hurt crop more than expected

USDA rates soy, corn crops least good-to-excellent since 2012

Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade soybean futures jumped on Wednesday after weekly U.S. government data showed crop conditions deteriorated more than expected during hot, dry weather. Reduced crop ratings fuelled expectations among traders that the U.S. Department of Agriculture may cut its yield forecast in a monthly report due next week. USDA […] Read more

(File photo by Dave Bedard)

Fund long position edges higher in canola

Net long in CBOT soybeans down on week

Reading Time: < 1 minute MarketsFarm — The managed money long position in canola edged slightly higher during the week ended Aug. 29, according to the latest Commitments of Traders report from the U.S. Commodity Futures Trading Commission (CFTC). As of Aug. 29, 2023, the net managed money long position in canola futures came in at 13,904 contracts (41,949 long, […] Read more


CBOT December 2023 soft red winter wheat with 20-day moving average, MGEX December 2023 hard red spring wheat (yellow line) and K.C. December 2023 hard red winter wheat (orange line). (Barchart)

U.S. grains: Wheat up off three-month low as Australian crop declines

U.S. corn, soy crop ratings fall more than expected

Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade wheat futures edged higher on Tuesday, after hitting a three-month low, amid short covering and concerns about dry weather threatening production in export hubs including Australia. Corn futures also rose, while the soybean market eased as traders awaited the start of U.S. harvesting. After the markets closed, […] Read more

CBOT December 2023 soft red winter wheat with 20-day moving average, MGEX December 2023 hard red spring wheat (yellow line) and K.C. December 2023 hard red winter wheat (orange line). (Barchart)

U.S. grains: Wheat dips after earlier strength

Black Sea supplies weigh on market

Reading Time: 2 minutes Chicago | Reuters — U.S. wheat prices reversed earlier gains to close lower on Friday, as markets weighed tight global stocks against the prospect of hefty Russian wheat production and efforts to renew a Black Sea grain deal. Chicago soybeans and corn also climbed after month-end positioning pushed futures lower much of the week and […] Read more


CBOT November 2023 soybeans with 20- and 50-day moving averages. (Barchart)

U.S. grains: Soybeans end month up on crop stress

Wheat down as global supplies weigh on U.S. prices

Reading Time: 2 minutes Chicago | Reuters — Chicago soybeans fell for a third consecutive session on Thursday, but ended the month higher as recent export activity and fears that dry weather damaged crops lent support. Wheat ended lower after trading both sides of even, pressured by plentiful global supplies. Corn ended the day and the month lower after […] Read more

CBOT November 2023 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Soybeans dip, despite exports

Damage to Canada's durum could impact pasta prices

Reading Time: 2 minutes Chicago | Reuters — Chicago soybean prices fell for a second session on Wednesday, despite recent export activity, with analysts pointing to traders squaring positions heading into the end of the month. Wheat traded higher, supported by global demand and concerns about Canada’s crop. Corn was near even as traders wait for the harvest to […] Read more


CBOT December 2023 soft red winter wheat with 20-day moving average, MGEX December 2023 hard red spring wheat (yellow line) and K.C. December 2023 hard red winter wheat (orange line). (Barchart)

CBOT weekly outlook: Corn, wheat lower; soybeans move up

Corn, wheat already face harvest price pressure

Reading Time: 2 minutes MarketsFarm — Corn and wheat futures on the Chicago Board of Trade (CBOT) were on the decline during the week ended Wednesday, but those for soybeans were going in the opposite direction until hitting resistance. The December corn contract ended the week 9.75 cents per bushel lower at $4.8075 per bushel (all figures US$). The […] Read more

(Iggi_Boo/iStock/Getty Images)

Pulse weekly outlook: Lentils, peas show large declines in StatCan report

Chickpea, soy production expected up on the year

Reading Time: 2 minutes MarketsFarm — Statistics Canada (StatCan) showed a mostly tightened outlook for Canadian pulses in its first model-based supply/demand estimates for the 2023-24 marketing year. StatCan on Tuesday released those projections, which largely presented a reduction in yields due to ongoing dry conditions on the Prairies. As of July 31, Canadian dry field pea output was […] Read more


CBOT November 2023 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Soybeans dip after data shows crop less damaged than feared

Ukrainian farmers not expected to cut winter wheat area

Reading Time: 2 minutes Chicago | Reuters — Chicago soybean and corn prices retreated on Tuesday following U.S. government data showing a smaller-than-expected decline in crop conditions than what many analysts had expected. Wheat hit a two-week low as sluggish demand for U.S. supplies and competition from cheap Russian grain limited the upside in prices. The most active soybean […] Read more

Corn performed well at the Resilient Rotations test site in Carman, Man., in 2020. The crop’s excellent performance was a key driver of net returns in the Red River Valley region in Manitoba.

Crop rotations and the bottom line

Prairie researchers examine how different crop rotations affect net economic returns

Reading Time: 7 minutes Glacier FarmMedia – When it comes to on-farm decision making, the bottom line for most farmers is often, well, the bottom line. A 2019 survey of Manitoba farmers bore that out. The survey, conducted on behalf of the Manitoba Pulse and Soybean Growers, asked farmers which factors were important to them when planning their crop […] Read more