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Soybeans

CBOT December 2021 corn (candlesticks) with Bollinger bands (20,2) and September 2021 corn (yellow open/high/low/close). (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Rain pushes corn to 12 per cent weekly drop

Soybeans, wheat hesitant as dry northern U.S. still a concern

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Reading Time: 2 minutes Chicago | Reuters — Chicago corn futures dipped on Friday, losing 12 per cent for the week as rain and moderate temperatures were expected to boost U.S. Midwest crops. Wheat followed lower, but was propped up by drier conditions across the northern U.S. Plains, while soybeans inched higher on long-term forecasts returning to hot, dry […] Read more
CBOT December 2021 corn (candlesticks) with MGEX, CBOT and K.C. September 2021 wheats (green, yellow and orange lines). (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Soybeans, corn fall on cool, wet forecast

Wheat supported by dryness in northern Plains

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Reading Time: 2 minutes Chicago | Reuters — Chicago soybean futures ended lower on Thursday, pressured by cool, rainy forecasts across the U.S. growing belt, though dryness in the upper Midwest continues to threaten developing crops. Corn eased as beneficial rains aided crops entering pollination, while wheat firmed as sparse moisture reached drought-hit spring wheat regions. The most-active soybean […] Read more
Soy Canada says the Prairies are the country’s growth region for soybeans.
Markets, Soybeans

Canada’s soybean industry small, but nimble

SOY Canada sees opportunities to expand soybeans in the West

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Reading Time: 4 minutes Glacier FarmMedia – Canadian soybeans have a lot going for them, says Brian Innes. They fit well into crop rotations, are suited to the warmer weather coming with climate change, produce protein ideal for people and animals, a healthy oil and the world is demanding more of them, SOY Canada’s new executive director told its seventh annual […] Read more
CBOT December 2021 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)
Corn, Crops, Markets, Soybeans, Weather

CBOT weekly outlook: U.S. Midwest weather in focus for soy, corn

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Reading Time: < 1 minute MarketsFarm — Soybean and corn futures at the Chicago Board of Trade have seen some wide price moves over the first trading week of July, as a surprisingly bullish acreage report at the end of June was quickly superseded by the weather. “Right now it’s weather; the weather has trumped the bullishness of the June […] Read more
CBOT November 2021 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Soy futures rebound on declining crop condition

Forecast rain has eased U.S. corn yield fears

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Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade soybean futures rose on Wednesday, recouping a portion of heavy losses from a day earlier, as a lower-than-expected U.S. crop rating tempered hopes that rain will improve field conditions. Rains from Friday into next week will offer timely moisture for corn that will be in the key […] Read more
CBOT December 2021 corn (candlesticks) with MGEX, CBOT and K.C. December 2021 wheats (green, yellow and orange lines). (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Corn limit down as crop weather improves

Market retreats from rallies last week

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Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade corn futures sank by the daily limit on Tuesday as forecasts for cooler, wetter U.S. weather eased concerns about unfavourable crop conditions. Prices pulled back after climbing 12 per cent last week on lower-than-anticipated U.S. plantings estimates from the Department of Agriculture. The estimates made the market […] Read more
CBOT December 2021 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, dark green and black lines). (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn futures retreat on profit-taking

Corn still up 12 per cent on week; traders adjust positions before July 4 weekend

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Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade corn futures retreated on profit-taking on Friday, while soybean futures extended gains fueled by lower-than-expected U.S. acreage estimates and dry weather in part of the Midwest, traders said. Corn pulled back after surging by the daily, exchange-imposed limit on Wednesday when the U.S. Department of Agriculture shocked […] Read more
CBOT November 2021 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Soybeans, wheat fall

CBOT corn ends slightly firm

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Reading Time: < 1 minute Chicago | Reuters — U.S. soybean and wheat futures fell on Thursday while corn firmed slightly, with all three commodities closing well off their session peaks on a round of profit taking after rallying to their highest since mid-June, traders said. Forecasts for improving crop weather in the U.S. Midwest added pressure. CBOT November soybeans […] Read more

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