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

U.S. grains: Corn, soy, wheat fall on weather, Ukraine sea pact

IGC's corn outlook lower, wheat outlook up

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Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures fell to two-week lows and new-crop soybeans hit a six-month low on Thursday on improving crop weather in the Midwest and news of a deal to restart Ukraine’s Black Sea grain exports, traders said. Wheat futures declined after choppy trade. All three markets fell to the day’s lows […] Read more
Corn in progress just east of Blumenort, Man. on July 20, 2022. (Dave Bedard photo)
Crops, Markets

CBOT weekly outlook: Keep an eye on the weather

Corn, soy seen trending lower

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Reading Time: 2 minutes MarketsFarm — As soybeans and corn trend downward on the Chicago Board of Trade, wheat is poised to climb higher, according to Andrew Mages, analyst with Progressive Ag at Fargo, N.D. The weather outlook has called for scattered showers over the next couple of weeks, which will impact crops in some way, he said. “The […] Read more
CBOT November 2022 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Soy, corn futures ease on improving weather

CBOT wheat firms on export news

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean and corn futures fell on Wednesday on forecasts for improving weather in the Midwest, including rains next week that should boost crop production prospects, analysts said. Wheat futures rose as traders awaited the outcome of Egyptian wheat purchase negotiations, as well as talks on a possible deal to boost […] Read more
Excessive heat warnings (in magenta) and heat advisories (in orange) were in place July 19, 2022 for areas across much of the southern U.S. Plains. (Weather.gov)
Crops, Reuters, Weather

Sizzling heat stresses livestock, crops in southern U.S. Plains

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Reading Time: 2 minutes Chicago | Reuters — Scorching temperatures in the southern U.S. Plains are stressing cattle as well as crops such as cotton, corn and soybeans, meteorologists and traders said on Tuesday. Temperatures were forecast to reach 111 F (44 C) in parts of the Texas Panhandle, a core area for cotton and cattle production. While much […] Read more
File photo of a maize crop under irrigation in South Africa. (Deldew/iStock/Getty Images)
Corn, Crops, Markets

South Africa looking at another large corn crop in 2022-23

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Reading Time: < 1 minute MarketsFarm — South Africa is reported to be well on its way to producing another 15 million-plus-tonne corn crop in 2022-23, according to the U.S. Department of Agriculture (USDA) attaché in Pretoria. However, it will be far less than the USDA’s current estimate of 17.3 million tonnes. Nevertheless, if the attaché’s forecast were to hold, […] Read more
CBOT December 2022 corn (candlesticks) with Bollinger bands (20,2). (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn, soybeans end lower on crop prospects

Wheat down on cancelled export tender

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Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures fell more than two per cent on Tuesday and soybeans also declined on optimism for sizable U.S. crops and some forecasts for rain next week, despite pockets of stress from hot and dry conditions, traders said. Wheat futures finished lower after a choppy session, declining after Egypt’s state […] Read more
CBOT December 2022 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and green lines). (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Corn, soy, wheat up on broad commodity strength

Crop-stressing dry heat expected in Midwest

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Reading Time: 2 minutes Chicago | Reuters — U.S. corn, soybeans and wheat futures rose on Monday in response to worries about potentially stressful hot weather in the Midwest and Europe, coupled with bullish sentiment in crude oil and a weaker dollar, analysts said. Chicago Board of Trade benchmark December corn settled up seven cents at $6.10-3/4 per bushel, […] Read more
CBOT September 2022 wheat (candlesticks) with 20- and 200-day moving averages (green and black lines), MGEX September 2022 spring wheat (yellow line) and K.C. September 2022 hard red wheat (orange line). (Barchart)
Crops, Markets, Reuters

U.S. grains: CBOT wheat hits five-month low

Corn, soy firm on U.S. weather outlook

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Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade wheat futures tumbled to a five-month low on Friday, with hopes for a pick-up in exports from war-torn Ukraine threatening the recent gains made in demand for U.S. supplies, traders said. Corn futures firmed again, their seventh gain in the last eight sessions, on concerns about hot […] Read more
(Photo courtesy Canada Beef Inc.)
Barley, Crops, Markets

Feed weekly outlook: Grains under pressure awaiting new crop

Farmers 'digging in and being patient'

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Reading Time: < 1 minute MarketsFarm — Feed grain bids in Western Canada continue to come under pressure, as feedlots chew through corn imports from the United States and wait on the new-crop harvest. “We’re certainly seeing things soften,” said grain trader Shaun Smith of Market Place Commodities in Lethbridge. Declines in the Chicago futures and good Prairie growing conditions […] Read more

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