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

U.S. grains: Chicago wheat up on export hopes

Corn hits one-week low, soybeans steady

Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures leaped to a five-month high on Tuesday on hopes for increased export sales, while corn and soybeans consolidated amid lingering uncertainty about the size of upcoming harvests in the Midwest. Weakness in the U.S. dollar helped support gains in wheat prices, traders said, because a soft dollar makes […] Read more

(Photo courtesy Canada Beef Inc.)

Klassen: Yearling market remains red hot

Barley harvest well underway in southern Alberta

Reading Time: 2 minutes Compared to last week, western Canadian yearling prices were $2-$4 higher on average; however, in southern Alberta, yearlings traded $6-$8 above week-ago levels. A few auction barns in Alberta held their first feature sales of the fall run and buyers showed up with both hands. The quality of yearlings coming off grass is excellent and […] Read more


A corn crop west of Grunthal, Man. on Aug. 17, 2019. (Dave Bedard photo)

StatsCan predicts more corn, less soy in 2020 harvest

Fewer acres but higher yields predicted

Reading Time: 2 minutes Statistics Canada’s latest round of expectations for the 2020 harvest calls for more corn and less soy than in 2019, with higher yields offsetting lower planted acres for both crops. In its Production of principal field crops report, using information from July — based on models created using satellite technology — StatsCan on Monday called […] Read more

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

U.S. grains: Soybeans touch two-year high on dry weather

Wheat up with prices in Russia, Ukraine

Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures hit their highest prices in more than two years on Monday before paring gains, as dry weather in parts of the U.S. Midwest is expected to damage the condition of crops, analysts said. Wheat futures set a four-month high, while corn futures retreated after touching their highest price […] Read more


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

U.S. grains: Soy up for fifth day on weather concerns

Exports support CBOT corn

Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade soybean futures rose for the fifth day in a row on Friday, closing near a 7-1/2-month high on persistent concerns that the U.S. crop will fall short of expectations, traders said. Corn futures closed firm, shrugging off early weakness due to strong export demand while wheat futures […] Read more

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

U.S. grains: Corn, soybeans, wheat rally

'We absolutely need heavy rainfall in a lot of areas'

Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade soybean futures jumped 1.8 per cent on Thursday to their highest in 7-1/2 months, with forecasts for dry weather in the U.S. Midwest threatening to hinder the crop throughout its late stages of development, traders said. “We absolutely need heavy rainfall in a lot of areas,” said […] Read more


CBOT November 2020 soybeans with Bollinger (20,2) bands. (Barchart)

U.S. grains: Soy futures rise on fresh China sale

CBOT wheat firm, corn eases

Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose to their highest level in more than seven months on Wednesday with stepped-up demand from China and dry weather threatening to cut U.S. Midwest yields supporting prices for a third day in a row, traders said. Corn eased on technical selling and profit-taking after rising to a […] Read more

CBOT weekly outlook: Markets prepare for Laura

CBOT weekly outlook: Markets prepare for Laura

Hurricane approaching U.S. Gulf Coast

Reading Time: < 1 minute MarketsFarm — Hurricane Laura, currently a Category 3 hurricane, is expected to hit the U.S. Gulf Coast late Wednesday or early Thursday but the Chicago Board of Trade is already feeling its effects. “It’s going to bring widespread rain and flooding to the Delta region, where unharvested rice, corn and soybean crops may feel a […] Read more


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

U.S. grains: Crop concerns, Chinese buying spark rallies in soy, corn

CBOT December wheat closes higher

Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade corn and soybean futures rallied on Tuesday on rising export demand from China and concerns that deteriorating crop conditions will curtail the size of the U.S. fall harvest, traders said. Soybeans topped out at a seven-month high while corn jumped 2.6 per cent to its highest in […] Read more

CBOT December 2020 corn with Bollinger (20,2) bands. (Barchart)

U.S. grains: Corn, soy futures rise on crop concerns

Wheat sags from one-month peak

Reading Time: 2 minutes Chicago | Reuters — U.S. corn and soybean futures rose on Monday on expectations that a government report will show crop ratings deteriorated in the past week, underpinning recent forecasts that pegged the harvest below the U.S. Agriculture Department’s latest outlook. A spate of dryness across the U.S. Midwest, combined with a severe wind storm […] Read more