CBOT December 2019 wheat with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Wheat eases in profit-taking setback

Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures declined on Monday on profit taking after three sessions of gains, on concerns about weather-reduced Southern Hemisphere crops that had lifted the market to multi-month highs. Soybeans were mixed amid worries about reduced yields and late harvesting, while corn drifted lower on dull demand. Both markets remained in […] Read more



(Peggy Greb photo courtesy ARS/USDA)

Pulse weekly outlook: Early snow hurts edible bean prospects

Reading Time: 2 minutes MarketsFarm — An early snow storm hit key edible bean growing regions of Manitoba and the northern U.S. hard, with a large portion of the crop in the region now facing an uncertain future. “It is unprecedented what’s happened at this point,” said Tim Courneya, executive vice-president of the Northarvest Bean Growers Association, which represents […] Read more

ICE November 2019 canola with Bollinger (20,2) bands. (Barchart)

ICE weekly outlook: Canola values stay rangebound

Reading Time: < 1 minute MarketsFarm — One canola trader wouldn’t go so far as to calling the canola market lifeless, but it has remained rangebound for most of the week. That’s mainly due to pressure from harvest activity, which has carried on at an impressive pace on the Canadian Prairies despite being mired with difficult weather conditions. “I’ve talked […] Read more


(Medioimages/Photodisc/Getty Images)

CBOT weekly outlook: Corn, soy prices to continue climbing

Reading Time: < 1 minute MarketsFarm — Prices on the Chicago Board of Trade will probably continue to climb, especially for corn and soybeans, according to Scott Capinegro of Barrington Commodities. “The basis remains strong and when the basis is strong, as far as I am concerned, that means the futures should be strong,” he said. Although CBOT bids have […] Read more

(Dave Bedard photo)

U.S. diesel prices hit three-year low as harvest delays feared

Reading Time: 2 minutes New York | Reuters — Diesel prices in the U.S. Midwest have sunk to a three-year seasonal low as farmers in the region face adverse weather conditions, further complicating an already delayed harvest season, traders and farmers said. Diesel demand typically rises during harvest season because farming equipment and trucks transporting product use the fuel. […] Read more


File photo of wheat under snow. (Ssvyat/iStock/Getty Images)

Feed weekly outlook: Prairie grain market finding a bottom

Reading Time: 2 minutes MarketsFarm — The western Canadian feed grain market is showing signs of finding a bottom, as buyers wait to get a better handle on the quality of grain still unharvested across the Prairies. Feed barley is currently trading at around $200 per tonne in southern Alberta, while feed wheat bids are around $210, according to […] Read more

ICE Futures November 2019 canola with 20-, 50- and 100-day moving averages. (Barchart)

ICE weekly outlook: More than weather behind canola uptrend

Reading Time: < 1 minute MarketsFarm — Canola’s sharp rise over the last week can be attributed not only to poor weather on the Prairies, but to other factors as well, according to MarketsFarm Pro analyst Mike Jubinville. For seven straight trading sessions, canola bids have climbed, from $445.60 per tonne at the close of trading on Sept. 27 to […] Read more


File photo of a snow-topped field in Alberta. (Don White/iStock/Getty Images)

Snow, cold grind Alberta harvest to virtual standstill

Reading Time: 2 minutes MarketsFarm — Last weekend’s dump of snow coupled with cold temperatures brought the Alberta harvest to a complete halt, according to the province’s latest crop report. For the week ended Oct. 1, the province-wide harvest managed to improve to 33.7 per cent from 28.1 per cent the previous week. This year’s pace was slightly above […] Read more

CBOT November 2019 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Soybean futures slip on technical sales

Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures weakened on Thursday, retreating from early gains on technical selling after failing to take out the 10-week high hit on Tuesday, traders said. Wheat futures ended little changed, supported by a surprise export deal with China. But traders said more bullish inputs were needed to push prices back […] Read more