(File photo by Dave Bedard)

Funds flip back to net short in canola

Trade remains net long in soybeans, for now

Reading Time: < 1 minute MarketsFarm — The overall fund position in ICE Futures canola flipped from a net long to a net short during the week ended Tuesday, marking the first net short position in the commodity in just over two months, according to the latest Commitments of Traders report from the U.S. Commodity Futures Trading Commission (CFTC). As […] Read more

CBOT November 2023 soybeans with Bollinger bands (20,2). (Barchart)

U.S. grains: Soybeans end up in bounce from one-month low

Chicago wheat, corn futures firm

Reading Time: 2 minutes Reuters — U.S. soybean futures rose on Friday in a light technical rebound from six-week lows while corn and wheat also ticked higher on bargain-buying, but gains in all three markets were limited by a strong U.S. dollar, analysts said. Chicago Board of Trade (CBOT) November soybeans settled up 2-1/2 cents at $12.96-1/4, bouncing after […] Read more


CBOT November 2023 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Soybeans fall to one-month low on export woes

CBOT corn, wheat end down

Reading Time: 2 minutes Chicago | Reuters — U.S. benchmark soybean futures fell below US$13 a bushel on Thursday for the first time in a month while corn and wheat futures held near multi-year lows on downbeat weekly export sales, an expanding U.S. harvest and economic worries, analysts said. Chicago Board of Trade November soybeans settled down 26-1/4 cents […] Read more

A soybean field north of St. Adolphe, Man. on Sept. 17, 2023. (Dave Bedard photo)

CBOT weekly outlook: Funds getting out of soybeans

Potential for U.S. government shutdown a concern

Reading Time: 2 minutes MarketsFarm — While corn and wheat prices on the Chicago Board of Trade (CBOT) stayed fairly steady during the week ended Wednesday, soybean prices steadily declined. The November soybean contract dropped 30 cents per bushel from one week ago to close Wednesday at $13.1975/bu. (all figures US$). During the same week, December corn only lost […] Read more


CBOT December 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Corn futures extend bounce from multi-year low

CBOT wheat, soybeans end firm

Reading Time: 2 minutes New York | Reuters — Chicago corn futures ended higher on Wednesday, extending a rebound from this week’s near three-year lows, while wheat climbed on a pickup in global export business and soybeans followed grain prices higher. Benchmark Chicago Board of Trade (CBOT) corn climbed six cents, or 1.26 per cent, to settle at $4.82-1/4 […] Read more

CBOT December 2023 corn with Bollinger bands (20,2). (Barchart)

U.S. grains: Corn up off near-three-year lows

CBOT soybeans, wheat end lower

Reading Time: 2 minutes New York | Reuters — U.S. corn futures rose on Tuesday on bargain-buying after prices touched the lowest levels in nearly three years, but gains were limited by expectations of an ample harvest and weak export demand, traders said. Soybeans ended lower after choppy trading, setting a one-month low on pressure from better-than-expected U.S. crop […] Read more


(Dave Bedard photo)

Fund long position drops in canola

Net long in CBOT soybeans also down on week

Reading Time: < 1 minute MarketsFarm — Fund traders have been busy liquidating long positions and putting on new bearish canola bets in early September. The net managed money long position in the ICE Futures market dropping sharply during the week ended Tuesday (Sept. 12), according to the latest Commitments of Traders report from the U.S. Commodity Futures Trading Commission […] Read more

CBOT December 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Corn down on harvest pressure, demand woes

USDA crop reports show brisk harvest, little change to crop quality

Reading Time: 2 minutes New York | Reuters — U.S. corn futures on the Chicago Board of Trade (CBOT) hit their lowest levels in nearly three years on Monday as the Midwest harvest expanded, adding to fears of a supply glut at a time of weak export demand for U.S. supplies, traders said. The benchmark CBOT December corn settled […] Read more


(Thinkstock photo)

Prairie cash wheat: Spring wheat bids mixed, durum lower

StatCan raises projections for spring wheat harvest

Reading Time: 2 minutes MarketsFarm — Bids for Western Canadian spring wheat were on both sides of unchanged while those for durum were lower for the week ended Thursday. Statistics Canada (StatCan) released its model-based principal field crop production estimates on Thursday, presenting a tightening wheat crop compared to that from 2022-23. All-wheat production was projected at 29.8 million […] Read more

CBOT November 2023 soybeans with Bollinger bands (20,2). (Barchart)

U.S. grains: Soybeans down on positioning, crush pace

CBOT wheat ends up on week

Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell on Friday on technical selling and profit taking after two sessions of gains, and as a monthly crush report showed U.S. processors handled far fewer beans than expected in August. Corn futures followed soybeans lower, with both markets also pressured by improving crop conditions in Europe and […] Read more