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CBOT weekly update: U.S. Fed decision one of many factors 

Russia’s withdrawal from Black Sea Grain Initiative, attacks on Ukrainian ports have caused erratic price movement

Reading Time: 2 minutes Marketsfarm – The decision by the United States Federal Reserve on July 26 to raise its key interest rates mostly served as a distraction on the Chicago Board of Trade (CBOT) from other events affecting grain futures.  The central bank continued its efforts to wrangle inflation by pushing interest rates up 25 basis points to […] Read more

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U.S. grains: wheat pares gains after 5-month top; corn, soybeans retreat

The market pulled back from five-month highs as Russia appeared to slow its port attacks

Reading Time: 2 minutes Chicago | Reuters – Chicago Board of Trade (CBOT) wheat futures Wv1 pared gains after setting five-month highs on Tuesday after Russia’s attacks on Ukrainian ports and grain infrastructure raised concerns about long-term global supplies and triggered a round of fund short-covering, analysts said. The wheat market pared gains and even dipped lower at times […] Read more


Detail on the Chicago Board of Trade building. (Kevinstack22/iStock/Getty Images)

U.S. grains: wheat soars daily limit as Russia attacks Ukrainian grain ports

E.U. further reduces crop forecast, USDA ratings for soybean and spring wheat declines

Reading Time: 2 minutes Chicago | Reuters – U.S. wheat futures surged 8.6% on Monday, rising their daily maximum at the Chicago Board of Trade (CBOT) after Russia attacked Ukrainian ports and grain infrastructure, including the first attack on Danube River grain warehouses. The attacks targeted a vital export route for Kyiv in an expanding air campaign that Moscow began […] Read more

The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)

U.S. Grains: wheat futures drop, corn weak, soybeans mixed

Market going "from forecast to forecast" says expert

Reading Time: 2 minutes Chicago | Reuters – U.S. wheat futures dropped 4.1 per cent on Friday, with traders locking in profits from a rally sparked by escalations in the Russia-Ukraine war that raised the prospects of export disruptions from the two key global suppliers. Corn futures also were weaker, pressured by forecasts that showed more rain and cooler temperatures in […] Read more


Wheat being loaded onto a cargo ship in Vancouver in 2011. (File photo: Reuters/Ben Nelms)

U.S. Grains: CBOT wheat futures dip after rally; corn, soybeans also lower

Wheat futures had risen in four of the previous five sessions

Reading Time: 2 minutes Chicago | Reuters – Chicago Board of Trade wheat futures dipped on Thursday but remained near recent peaks as a third night of Russian attacks on Ukrainian ports renewed concerns about disruptions to exports needed to meet world demand and stave off rising food prices. Wheat futures had risen in four of the previous five […] Read more

Under rainy skies on July 18, 2023 at Ag in Motion, Justine Cornelsen of Brett Young Seeds discusses soybeans’ evolving Canadian acreage base. (Glacier FarmMedia video screengrab)

At Ag in Motion: Soybean proponents still eye western expansion

Crop seen as a good add to rotations -- if conditions are right

Reading Time: 3 minutes While canola is king of the Canadian oilseed market, the same can be said of soybeans in the United States. However, the big pulse crop south of the border has made inroads in the western provinces. Manitoba has seen the biggest growth in soybean acres with well over a million planted annually in recent years, […] Read more


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U.S. grains: wheat sees biggest jump since aftermath of Russia’s invasion of Ukraine

Soybean futures have risen for five sessions in a row

Reading Time: 2 minutes Chicago | Reuters U.S. wheat futures jumped 8.5% on Wednesday, their biggest daily gain since days after Russia’s invasion of Ukraine, as intensification of the war threatened to slow grain export shipments from a major global supplier. The benchmark Chicago Board of Trade soft red winter wheat contract Wv1 briefly touched its daily trading limit […] Read more

The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)

CBOT weekly update: Dry conditions, war propel prices upward

Rally may push well into the week of July 24 and perhaps further: broker

Reading Time: < 1 minute MarketsFarm – Prices on the Chicago Board of Trade continued to rally on July 19, and to Scott Capinegro of Barrington Commodity Brokers of Barrington, Ill., they appeared set to push higher.  Capinegro pointed to the hot and dry weather across much of the United States as the main reason for the gains being made […] Read more


The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)

US Grains: wheat futures end firmer amid Black Sea supply worries

Ukrainian officials said Russian air strikes damaged the port of Odesa

Reading Time: < 1 minute Chicago | Reuters – Chicago Board of Trade wheat futures finished stronger on Tuesday after Ukrainian officials said Russian air strikes damaged infrastructure at the port of Odesa, a day after Moscow quit the Black Sea grain export deal. The strikes diminished some expectations that Russia may still renew the export deal, analysts said. Markets […] Read more

CBOT September 2023 soft red winter wheat with Bollinger bands (20,2), MGEX September 2023 hard red spring wheat (yellow line) and K.C. September 2023 hard red winter wheat (orange line). (Barchart)

U.S. grains: Wheat, corn fall as Black Sea grain deal expires

Grain traders hope pact may still be renewed

Reading Time: 2 minutes Chicago | Reuters — U.S. grain futures fell on Monday as Russia’s exit from the Black Sea export deal failed to shock traders. Wheat and corn futures slumped after earlier rising to two-week highs when Russia announced it was leaving the agreement that lets Ukraine export grain through the Black Sea. Russia had long threatened […] Read more