MGEX December 2019 spring wheat with 20-, 50- and 100-day moving averages. (Barchart)

Prairie cash wheat: Soft Minneapolis futures weigh on bids

Reading Time: 2 minutes MarketsFarm — Wheat bids in Western Canada were lower during the week ended Thursday, pressured by losses in U.S. futures. Hard red spring prices saw the largest drop, as Minneapolis futures trended lower despite adverse weather conditions across the U.S. Plains that helped underpin Chicago and Kansas City winter wheats. Average Canada Western Red Spring […] Read more

CBOT January 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Soy falls below US$9 on South America weather, trade doubts

Reading Time: 2 minutes Chicago | Reuters — U.S. nearby soybean futures closed below $9 a bushel on Friday for the first time since September, pressured by improving crop weather in South America and fears that an initial U.S.-China trade deal could be pushed back to next year, analysts said. Wheat futures ended higher, while corn settled narrowly mixed. […] Read more


CBOT January 2020 soybeans with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)

U.S. grains: Soybeans slide, nearing support at US$9

Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell to their lowest in almost two months on Thursday as uncertainty about progress in U.S.-China trade talks overshadowed support from stronger-than-expected weekly U.S. export sales, analysts said. Wheat futures also declined, backing down from a two-week high, but corn futures rose on signs of improving export and […] Read more

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

U.S. grains: Soy, corn fall as hopes fade for China trade deal this year

Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures fell to a two-month low and soybean futures hit a seven-week low on Wednesday on fading expectations for a U.S.-China trade deal before the end of the year, analysts said. Chicago Board of Trade wheat futures closed modestly higher on technical buying and concerns about this week’s decline […] Read more


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

U.S. grains: Wheat futures climb on short-covering

Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures hit their highest in nearly a week on Tuesday as declining U.S. wheat condition ratings and worries about Southern Hemisphere crop prospects fueled a round of short-covering, analysts said. Corn firmed on signs of improving export prospects and soybean futures closed modestly higher. Chicago Board of Trade December […] Read more

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

U.S. grains: Corn, soy slide on South American weather, trade worries

Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures hit a two-month low on Monday and soybean futures touched their lowest in seven weeks on forecasts for improving crop weather in South America and uncertainty about prospects for a U.S.-China trade deal, analysts said. Wheat futures rose as worries about tightening global supplies sparked a round of […] Read more






(Lisa Guenther photo)

CBOT weekly outlook: Trade uncertainty weighs

Reading Time: < 1 minute MarketsFarm — Lack of demand for corn exports has continued to drag prices on the Chicago Board of Trade (CBOT) and the U.S. dollar has been stronger recently, making exports even less attractive, according to Terry Reilly, a grains analyst with Futures International. In contrast, consistent soybean sales since Monday have provided some support to […] Read more