Pinto beans. (Vergani_Fotografia/iStock/Getty Images)

Pulse weekly outlook: Manitoba’s edible beans come off in good shape

Reading Time: < 1 minute MarketsFarm — Manitoba’s edible bean harvest wrapped up in much easier fashion in 2020 compared to the snow delays of the previous year, with relatively good quality and yields, according to early indications. “When you don’t get a major snowstorm on Thanksgiving weekend, it makes a difference,” said Manitoba Agriculture pulse specialist Dennis Lange, noting […] Read more

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

U.S. grains: Soybeans, corn rise on exports

CBOT December wheat extends rally

Reading Time: 2 minutes Chicago | Reuters — U.S. corn and soybean futures rose on Tuesday on strong export demand while wheat firmed on concerns that dry weather could limit global production, traders said. Soybean futures rose one per cent, with traders shrugging off some much-needed rain in Brazil due to the strong pace of overseas buying. “The grains […] Read more


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

ICE weekly outlook: Canola firm at midweek

Reading Time: < 1 minute MarketsFarm — ICE Futures canola contracts have steadied after slipping slightly following Canada’s Thanksgiving long weekend, with nearby attention on speculations rolling positions out of the front month. The nearby November contract closed Wednesday at $526.10 per tonne, gaining slightly after incurring losses the day prior. Market participants adjusting positions ahead of the November contract’s […] Read more

CBOT November 2020 soybeans with 20-, 100- and 200-day moving averages. (Barchart)

U.S. grains: Soybeans up on Chinese buying, Brazil weather

Chicago corn, wheat end higher after mixed day

Reading Time: 2 minutes Chicago | Reuters — Chicago soybean futures climbed on Wednesday, supported by renewed exports and dryness in top exporter Brazil, traders said. Corn and wheat futures ended higher after trading both sides of even as markets digested conflicting indicators. The most active soybean contract on the Chicago Board of Trade gained 12-1/4 cents to $10.56-1/4 […] Read more


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

U.S. grains: Dry weather pushes CBOT wheat, soy to multi-year peaks

Chicago corn also rallies

Reading Time: 2 minutes Chicago | Reuters — U.S. wheat and soybean futures jumped to multi-year highs on Tuesday, supported by concerns about dry weather in key production areas, traders said. Corn futures hit their highest level in 8-1/2 months, joining in the rally as the U.S. harvest pace fell below expectations despite ideal weather for field work. But […] Read more

(Photo courtesy Canada Beef Inc.)

Feed weekly outlook: Bids hold firm in West

Reading Time: < 1 minute MarketsFarm — Feed grain bids in Western Canada remain firm at the beginning of October, with a lack of significant farmer selling keeping the market underpinned as harvest wraps up across the Prairies. The barley harvest is mostly complete across the Prairies, but total yields and production remain to be seen. “The market is still […] Read more


ICE January 2021 canola (candlesticks) with 20-, 50- and 100-day moving averages plus CBOT January 2021 soybeans (blue line). (Barchart)

ICE weekly outlook: Canola rebounds on U.S. futures support

Reading Time: 2 minutes MarketsFarm — After a week of steady losses canola prices surged back Wednesday, catching ample spillover support from the Chicago Board of Trade (CBOT). That support in turn was derived from two new reports from the U.S. Department of Agriculture (USDA). The report on grain stocks as of Sept. 1 noted declines in wheat, corn […] Read more

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

CBOT weekly outlook: USDA report bullish for corn, soy

Reading Time: < 1 minute MarketsFarm — Wednesday’s report from the U.S. Department of Agriculture (USDA) was a bullish influence for commodities on the Chicago Board of Trade (CBOT). USDA’s quarterly stocks report showed corn and soybean stocks were significantly lower than expected, totalling 1.995 billion bushels and 523 million bushels respectively. Corn stocks came in about 250 million bushels […] Read more


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

U.S. grains: Corn, soy, wheat futures surge on lower-than-expected stocks

Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade grain and soybean futures soared on Wednesday after the U.S. Department of Agriculture surprised traders by reporting crop inventories that were smaller than expected. Supply levels have declined after China, the world’s top soybean importer, stepped up its purchases of U.S. farm goods this summer. Corn supplies […] Read more

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

U.S. grains: Corn, soy ease as harvest advances

USDA quarterly stocks data awaited

Reading Time: 2 minutes Chicago | Reuters — U.S. corn and soybean futures closed lower on Tuesday on expectations of rapid harvest progress this week and a slowdown in demand from China, a big buyer of U.S. soybeans and corn, in recent weeks, analysts said. Wheat futures also fell but declines in all three commodities were muted as traders […] Read more