CBOT July 2021 soybeans (candlesticks) with Bollinger bands (20,2) and November 2021 soybeans (yellow line). (Barchart)

U.S. grains: Soybeans firm on long-term forecast, China demand

Wheat mixed on winter crop harvest, spring wheat drought

Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures advanced on Monday on renewed buying by China and as concerns lingered about dry conditions in western portions of the Midwest farm belt despite scattered storms over the weekend. Corn futures were mostly lower as rain in the central corn belt boosted crop prospects, while wheat was mixed […] Read more

CBOT July 2021 corn (candlesticks) with CBOT July 2021 wheat (orange line) and July 2021 soybeans (dark green line, left column). (Barchart)

U.S. grains: Corn, soy, wheat up after sell-off

Some traders feel Thursday's sell-off overdone

Reading Time: 2 minutes Chicago | Reuters — U.S. corn, soybean and wheat futures rose sharply on Friday, rebounding from steep declines a day earlier on bargain-buying ahead of the weekend and uncertainty about weather in the Midwest crop belt, analysts said. Fresh export interest lent support as this week’s break in futures appeared to stimulate demand. Chinese state-owned […] Read more


Storage tanks at a PBF Energy refinery at Delaware City, Delaware on Aug. 21, 2015. (File photo: Reuters/Charles Mostoller)

U.S. refiners amass biofuel liability as Biden mulls relief

Open RIN positions could hit refiners' earnings

Reading Time: 3 minutes New York | Reuters — U.S. merchant refiners have amassed up to a US$1.6 billion shortfall in the credits they will need to comply with U.S. biofuel laws, according to a Reuters review of corporate disclosures, an apparent bet that the Biden administration could let them off the hook or that credit prices will fall. […] Read more

CBOT July 2021 corn (candlesticks) with MGEX, CBOT and K.C. July 2021 wheat (green, black and orange lines). (Barchart)

U.S. grains: Corn, soy plunge on weather, broad commodities sell-off

CBOT wheat follows trend lower

Reading Time: 2 minutes Chicago | Reuters — U.S. corn and soybean futures fell sharply on Thursday, pressured by outlooks for rain and cooler temperatures in the Midwest crop belt, as well as spillover from broad-based selling in the commodities sector, analysts said. Wheat followed the weaker trend, with seasonal pressure noted from the U.S. winter wheat harvest. Chicago […] Read more



Corn seedlings in southern Ontario. (Farmtario photo by John Greig)

CBOT weekly outlook: Weather market expected for rest of month

Reading Time: < 1 minute MarketsFarm — The weather is just one of the factors guiding futures values at the Chicago Board of Trade (CBOT), according to Terry Reilly, grains analyst for Futures International in Chicago. As prices have fluctuated with hot and dry weather interrupted by rain, Reilly noted there’s more to the ebbs and flows than the latest […] Read more


CBOT July 2021 soybeans (candlesticks) with CME July 2021 crude palm oil and ICE July 2021 canola (green and yellow lines, left column). (Barchart)

U.S. grains: Soybeans down with vegetable oil prices

Chicago July corn, wheat up

Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell on Wednesday to their lowest level in nearly two months, pressured by a retreat in global vegetable oil prices from multi-year highs, analysts said. Corn and wheat futures ended mixed, with the nearby July corn and wheat contracts closing higher, while back months declined. Chicago Board of […] Read more

Red clover has been a standard in cover crops and there are those who still favour it.

Crunching the numbers on cover crops

The economics can be a challenge, but passionate farmers believe the longer you stick with covers, the more they’ll pay

Reading Time: 6 minutes In the past five to 10 years, few topics have been as polarizing as cover crops. Advocates praise their benefits. Detractors cast doubts. And in the midst of it all, there’s a flood of technological change, whether that’s something simple, like switching from red clover to a different species like oats, or whether it’s going […] Read more


CBOT July 2021 soybeans (candlesticks) with 20- and 100-day moving averages (green and black lines) and ICE November 2021 canola (yellow line, left column). (Barchart)

U.S. grains: Soy eases on improved weather view

Chicago corn mixed, wheat down

Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell on Tuesday on an improved weather outlook for the Midwest crop belt, analysts said. The forecasts for cooler and wetter conditions later this month also pressured new-crop corn futures on the Chicago Board of Trade (CBOT), although front-month July gained against back months on spreads, reflecting tight […] Read more

CBOT July 2021 corn (candlesticks) with CBOT, MGEX and K.C. July 2021 wheat (orange, green and yellow lines). (Barchart)

U.S. grains: Corn, soy sag as crop weather outlook improves

Moisture stress remains in parts of Corn Belt

Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures fell by almost four per cent on Monday on forecasts for improving crop weather in the Midwest, including cooler temperatures and beneficial rains late this week, analysts said. Soybeans fell more than two per cent and wheat followed the weaker trend as the U.S. winter wheat harvest got […] Read more