(Dave Bedard photo)

ICE weekly outlook: Canola drops amid widespread pressure

Reading Time: 2 minutes CNS Canada — ICE Futures Canada canola contracts suffered significant losses during a volatile week ended Wednesday. While futures managed to recover off their fresh contract lows hit during the week, the overall technical bias remained pointed lower. Weakness in the U.S. soy complex and vegetable oil market were joined by strength in the Canadian […] Read more



(Photo courtesy Canada Beef Inc.)

U.S. grains: Wheat rallies after multiyear lows

Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade wheat futures rallied to close higher on Wednesday as traders covered short positions following the market’s drop to its lowest level in nearly six years. Soybean futures also advanced on bargain buying, halting a six-session slide, while corn settled fractionally higher. At the CBOT, May wheat finished […] Read more

(Michael Thompson photo courtesy ARS/USDA)

U.S. grains: Wheat to multiyear lows on strong dollar, crop ratings

Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell to multi-year lows on Tuesday, pressured by strength in the dollar and better crop conditions than last year in the Plains, analysts said. Soybean and corn futures declined for a sixth straight session, with the most-active May contracts in both markets falling to multi-week lows. At the […] Read more


(Photo courtesy Canada Beef Inc.)

U.S. grains: Corn sags for fifth straight session on lacklustre demand

Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade corn futures fell on Monday for a fifth straight session, retreating from early advances as concerns about weak demand pressured the market, traders said. Soybean futures sagged on larger-than-expected deliveries against futures while wheat futures were mostly higher. At the CBOT, the most active May corn contract […] Read more

(Keith Weller photo courtesy ARS/USDA)

U.S. grains: Hefty supply pushes soy to 10-week low

Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell on Friday, with the nearby contract touching its lowest level in more than 10 weeks, under pressure from hefty global supplies, while soybean meal futures approached a six-year low. Expanding inventories and concerns about sluggish demand also pushed front-month corn futures to their lowest price in more […] Read more





(Dave Bedard photo)

ICE weekly outlook: ‘Time will tell’ for canola after drop

Reading Time: < 1 minute CNS Canada — Canola contracts on the ICE Futures Canada platform dropped sharply during the week ended Wednesday, falling below major support as some stops were hit on the way down. While damage was done from a chart standpoint, end-user demand remains solid and “time will tell” if the downtrend continues or if canola manages […] Read more

(Michael Thompson photo courtesy ARS/USDA)

U.S. grains: Wheat lowest since June 2010 on bumper supplies

Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures sank to 5-1/2-year lows on Wednesday under pressure from large global supplies and sluggish demand, in the markets’ fifth consecutive session of declines. Corn and soybean futures each fell for a second day, pressured by the prospect of bumper crops in South America coming to market. Follow-through selling […] Read more