CBOT July 2019 wheat with Bollinger (20,2) bands. (Barchart)

U.S. grains: Wheat, corn, soy rally on weather woes

Reading Time: 2 minutes Chicago | Reuters –– U.S. corn futures rose 4.1 per cent on Thursday, bouncing back from some technical weakness on Wednesday as traders focused on the historic slow pace of planting in the Midwest. Prices, which hit their highest in nearly three years this week, needed to continue to rally to entice farmers to seed […] Read more

CBOT July 2019 corn with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Soy futures extend rally

Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose 1.6 per cent on Wednesday, hitting their highest since mid-April on support from concerns that planting delays in the U.S. Midwest will lead to a sharp cutback in acreage as well as harvest yields, traders said. The jump followed a U.S. Agriculture Department report after the market […] Read more


CBOT July 2019 corn with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)

U.S. grains: Corn hits three-year high as planting delays prolonged

Reading Time: 2 minutes Chicago | Reuters –– U.S. corn futures surged 4.1 per cent to their highest levels in nearly three years on Tuesday, supported by planting delays across key growing areas of the U.S. Midwest following heavy rains, traders said. The adverse weather in the Midwest and Plains also fuelled rallies in the soybean and wheat markets […] Read more




(VCM Construction photo)

Federated Co-op buying Saskatchewan ethanol plant

Reading Time: 2 minutes Federated Co-operatives is set to lock in an ethanol supply for its member co-ops’ gas stations with a deal for a major Saskatchewan wheat ethanol producer. FCL announced Wednesday it will buy the Terra Grain Fuels ethanol plant in the RM of Pense near Belle Plaine, about 25 km east of Moose Jaw, for an […] Read more


(Scott Bauer photo courtesy ARS/USDA)

U.S. grains: Soybeans rebound in technical bounce, trade aid details awaited

Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rebounded on Wednesday in a technical correction from the prior session’s drop as the market awaited details of a Trump administration farm aid package that could encourage farmers to plant more soybeans. Corn ended firm, although spillover support from higher soy and worries over rain-delayed U.S. planting were […] Read more

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U.S. to favour soybeans in trade war aid for farmers

Reading Time: 3 minutes Washington/Chicago | Reuters — The Trump administration is considering direct payments to U.S. farmers of $2 per bushel for soybeans as part of an aid package to offset the trade war with China, Bloomberg reported on Tuesday, an offer that could encourage more soy planting despite record supplies. China is the world’s top soybean importer, […] Read more