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CBOT weekly outlook: Soy and corn recover, but too early to call a bottom

Reading Time: 2 minutes CNS Canada — Soybean and corn futures at the Chicago Board of Trade recovered off of contract lows over the past week, but it’s still too early to say either commodity has found a bottom. “I’m looking for baby steps to confirm the bottom, and I haven’t seen anything of substance yet,” said Preston Zacharias, […] Read more

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

Corn, soybeans may have seen low point for now

Reading Time: < 1 minute CNS Canada — Agricultural markets throughout North America continue to weather a storm of tariffs and uncertain political interventions — and from where one trader sits, prices for corn and soybeans may have seen their low points. “We have gotten back down to recent lows in corn while beans have gotten cheap again,” said Brian […] Read more


(Allan Dawson file photo)

AMIS adjusts world grain production outlooks

Reading Time: 2 minutes CNS Canada –– Global supply-demand outlooks, released by the market monitoring agency of an alliance of 11 international organizations, point to lower corn production for 2018-19. The Agricultural Market Information System (AMIS) Market Monitor report for July said the record corn harvest in 2017-18 will slip by more than four per cent in 2018-19. That’s […] Read more







(Jack Dykinga photo courtesy ARS/USDA)

Feed weekly outlook: Markets watch Japan wheat ban, trade fights

Reading Time: 2 minutes CNS Canada — A Japanese ban on Canadian wheat might eventually push more wheat into feed markets, but traders say that’s not happening so far. Japan, Canada’s No. 2 wheat buyer after the U.S., instituted the ban last Friday after genetically modified wheat was discovered growing in Alberta. GM wheat is not approved for commercial […] Read more


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CBOT weekly outlook: Tariff spats put markets in precarious spot

Reading Time: 2 minutes CNS Canada — The Chicago Board of Trade soybean market is in recovery mode following a wild day where contracts hit nearly a 10-year low. “It was one of the craziest days we’ve seen in recent memory yesterday. And volume was just absolutely through the roof,” said Terry Reilly, a senior commodity analyst with Futures […] Read more

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U.S. EPA won’t force refiners to make up waived biofuels volumes

Reading Time: 2 minutes New York | Reuters — The U.S. Environmental Protection Agency said on Friday it cannot make large oil refineries blend additional biofuels into their gasoline to make up for volumes waived under the small refinery hardship waiver program, unless Congress authorizes it. The agency’s decision was certain to anger the powerful U.S. corn lobby and […] Read more