(Scott Bauer photo courtesy ARS/USDA)

Market analysts watch for surging soybeans to peak

Reading Time: 2 minutes CNS Canada — As soybeans climb the charts and help float other commodities such as canola, one market watcher says the prime selling opportunity for farmers could pass soon, as bearish factors come into play. The president of Calgary-based ProMarket Communications, Errol Anderson, said large funds are the main force that has lifted Chicago soybeans […] Read more


(Scott Bauer photo courtesy ARS/USDA)

U.S. grains: Profit-taking pulls soy from two-year highs

Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures backed off two-year highs on Friday, with investment funds locking in profits from the oilseed’s sharp rally this week. Wheat firmed as heavy rains dented crop prospects in western Europe and caused some investors to cover bearish bets they had made on the market. “Wheat caught another wave […] Read more

(Keith Weller photo courtesy ARS/USDA)

U.S. grains: Soy rallies on export hopes

Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures soared to their highest in nearly two years on Thursday on hopes that export demand will rise amid concerns about the quality of the crop being harvested in Argentina. Corn firmed to its highest since July 2015, supported by forecasts for a reduced harvest in Brazil, but closed […] Read more



(Photo courtesy Canada Beef Inc.)

U.S. grains: Corn, soybeans surge on export prospects

Reading Time: 2 minutes Chicago | Reuters — U.S. corn and soybean futures rallied on Wednesday, peaking late in the session as export hopes for U.S. supplies brightened amid heightened concerns about South American crops, traders said. The most actively traded Chicago Board of Trade soybean futures contract hit its highest since July 2014 while CBOT corn futures topped […] Read more


(Photo courtesy Canada Beef Inc.)

U.S. grains: Wheat drops on weather forecast

Reading Time: 2 minutes Chicago | Reuters –– U.S. wheat futures sank 3.2 per cent on Tuesday, on track for their biggest daily decline in four weeks as forecasts called for improving harvest conditions for the winter crop good weather for spring wheat development. “Drier weather begins to develop in the southern Plains starting this weekend to improve harvest […] Read more



(Scott Bauer photo courtesy ARS/USDA)

U.S. grains: Soybeans retreat on profit-taking

Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell on Thursday on profit-taking after rising to their highest in 20 months as soymeal pared gains, but analysts cautioned that soymeal’s rally might not be over. Wheat futures rose three per cent and corn firmed, notching a 10-month top in early moves. At the Chicago Board of […] Read more