The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)

CBOT weekly outlook: U.S./China deal awaited

Reading Time: < 1 minute MarketsFarm — The Chicago Board of Trade is carefully watching the prolonged trade drama between the U.S. and China and waiting to see if the two countries will reach an agreement in days to come. “Headlines are leading trade,” remarked Steve Georgy, president of Allendale Inc. at McHenry, Il. “Markets are revolving around China talk, […] Read more




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

U.S. grains: Weak export data drags soybeans to new lows

Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures posted contract lows for a fourth straight session on Thursday after weak U.S. Department of Agriculture (USDA) export sales data and amid ongoing concerns that rain-delayed corn sowing would increase soy plantings. Corn was mixed as spillover pressure from lower soybeans offset support stemming from concerns about delayed […] Read more


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

U.S. grains: Corn higher on wet weather forecast

Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures rose about one per cent on Friday as wet weather forecast for the Midwest crop belt prompted short-covering, analysts said, while soybeans fell to multi-month lows. Wheat futures firmed slightly but still recorded a weekly decline as ample global supplies anchored the market. Chicago Board of Trade July […] Read more

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

U.S. grains: Soy higher after three-day skid

Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures closed higher on Thursday, snapping a three-session slide, while corn and wheat rebounded from contract lows as fund-driven selling paused and forecasts signaled more U.S. planting delays, traders said. Chicago Board of Trade (CBOT) July soybeans settled up four cents at $8.72-3/4 per bushel (all figures US$). CBOT […] Read more


(Dave Bedard photo)

StatsCan confirms smaller canola acres, more wheat

Reading Time: 2 minutes MarketsFarm — Canadian farmers intend to seed more spring wheat and less canola in 2019, according to Statistics Canada survey results released Wednesday. Additional shifts are also likely in subsequent reports, as dry conditions in southern Alberta and Saskatchewan may alter some intentions. Statistics Canada forecast canola area for 2019 at 21.3 million acres, which […] Read more

CBOT July 2019 corn (candlesticks), with July 2019 soybeans (green line). (Barchart)

CBOT weekly outlook: Bear market aches for bull news

Reading Time: 2 minutes MarketsFarm –– The Chicago Board of Trade (CBOT) is currently a bear-market, according to broker Scott Capinegro of Barrington Commodity Brokers. “It’s like the markets are saying ‘Show me something, we’ll take anything,’ but the bears are winning,” he said, noting there has been almost no news to drive the market in a bullish manner. […] Read more



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

U.S. grains: Soybeans, corn slide as export sales data disappoints

Reading Time: 2 minutes Chicago | Reuters — U.S. soybean and corn futures fell on Thursday on disappointing weekly export sales data and expectations of large South American harvests that should dampen U.S. export prospects, analysts said. Wheat futures were higher on short-covering after a five-session slide and worries that wintry weather in the Dakotas will curb plantings of […] Read more