CBOT December 2022 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and green lines). (Barchart)

U.S. grains: Corn hits two-month high on heat, dryness concerns

Soybeans ease as crop tour sees large U.S. harvest

Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade corn futures set a two-month high on Monday after a U.S. crop tour last week found damage from hot, dry weather and organizers projected harvests would fall short of government estimates. Wheat futures rallied to their highest level in about seven weeks, while soybeans fell after the […] Read more

CBOT December 2022 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)

U.S. grains: Corn up on crop tour’s lowered expectations

Hot, dry weather seen limiting U.S. corn, soy yields

Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade corn and soybean futures jumped on Friday on concerns about hot and dry weather reducing U.S. yields, analysts said. After the close of trading, advisory service Pro Farmer projected a U.S. corn harvest of 13.759 billion bushels, which would be the smallest since 2019 and below government […] Read more


CBOT November 2022 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)

U.S. grains: Soybeans, wheat, corn fall as traders book profits

Dispatches from crop tour limit day's losses

Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade soybeans, wheat and corn futures fell on Thursday on a profit-taking setback after rallying earlier in the week, traders said. “We are just running into a bit of technical resistance across the board,” said Dan O’Bryan, a risk management specialist and broker at Top Third StoneX. “You […] Read more

CBOT December 2022 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and green lines). (Barchart)

U.S. grains: Corn firms for sixth session in a row

Soybeans weak, wheat strong

Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures steadied after hitting their highest in nearly two months on Wednesday, underpinned by concerns that hot and dry weather in the Midwest during key crop development periods limited how big the fall harvest will be, traders said. Wheat futures were strong, notching their fourth straight day of gains, […] Read more





CBOT December 2022 wheat (candlesticks) with 20-day moving average (dark green line), MGEX December 2022 spring wheat (yellow line) and K.C. December 2022 hard red wheat (orange line). (Barchart)

U.S. grains: Wheat up off six-month low on technical buying

CBOT corn rises, while soybeans stay under pressure

Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade wheat futures bounced on technical buying on Friday after nearing a six-month low struck a day earlier, though the market remained capped by sluggish U.S. exports and increased Black Sea shipments, analysts said. Corn futures also strengthened, while soybeans edged lower as forecasts for rain in the […] Read more

(Photo courtesy Canada Beef Inc.)

Feed weekly outlook: Prairie markets hold firm ahead of harvest

Reading Time: < 1 minute MarketsFarm — The feed grain market in Western Canada is holding steady for the time being, with both buyers and sellers keeping to the sidelines ahead of the harvest. “So far we haven’t seen the harvest pressure we would normally expect,” said grain trader Matt Beusekom of Market Place Commodities in Lethbridge. Feedlots were still […] Read more


CBOT December 2022 wheat (candlesticks) with 20-day moving average (green line), MGEX December 2022 spring wheat (yellow line) and K.C. December 2022 hard red wheat (orange line). (Barchart)

U.S. grains: Wheat down on weak U.S. demand, Ukraine grain shipments

Economic uncertainty also curbs grain markets

Reading Time: 2 minutes Chicago | Reuters — Chicago wheat futures slid for a fifth session on Thursday, pressured by soft export sales, a stronger dollar and continued exports from Ukraine, analysts said. Soybeans firmed after better-than-expected export sales last week indicated strong demand as U.S. harvest nears, while corn traded near even. Economic uncertainty also hung over grain […] Read more

Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)

CBOT weekly outlook: Crop prices soften after USDA report release

Reading Time: 2 minutes MarketsFarm — An unexpectedly bearish supply/demand report from the U.S. Department of Agriculture (USDA) last Friday is still putting pressure on crop prices nearly a week later, according to one trader. In the department’s WASDE report, the estimated average yield for corn was revised downward from the month before by only 1.6 bushels per acre […] Read more