(Photo courtesy Canada Beef Inc.)

U.S. grains: Wheat crumbles after hitting six-month high

Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade soft red winter wheat futures plunged 4.4 per cent on Wednesday, with the front-month contract crashing from a six-month high as investors locked in profits from Tuesday’s corn-led rally, traders said. Corn closed mostly firmer after trading in negative territory for much of the day while soybeans […] Read more


(USDA.gov via Flickr)

U.S. grains: USDA data ignite biggest daily rallies in five years

Reading Time: 2 minutes Chicago | Reuters –– U.S. grain and soybean futures on Tuesday climbed to their highest prices since December after the U.S. Agriculture Department said crop stockpiles and spring plantings were smaller than analysts expected. Traders are keeping a close eye on supply data amid uncertainty about how big the autumn corn and soybean harvests will […] Read more

(Lisa Guenther photo)

CBOT weekly outlook: Weather seen steering soybeans

Reading Time: 2 minutes CNS Canada — CBOT soybean futures posted solid gains over the past week, coming to a five-and-a-half month high on Tuesday. Weather guided the soybean trade, rather than the U.S. Department of Agriculture’s acreage and stocks reports. John Weyer, co-director of the commercial hedge division at Walsh Trading, said soybeans came in near or above […] Read more


(Dave Bedard photo)

ICE weekly outlook: Canola receives boost from soybeans

Reading Time: < 1 minute CNS Canada — The ICE Futures Canada canola market pulled higher during the week ended Tuesday, following heavy gains in the U.S. soy complex which advanced to its highest point in five months Tuesday. Traders were keenly observing Tuesday’s 2015-16 Statistics Canada acreage report which called for 19.84 million acres of canola in Western Canada. […] Read more

(Michael Thompson photo courtesy ARS/USDA)

U.S. grains: Wheat firms as rain slows harvest

Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade wheat futures rose 2.5 per cent on Monday, closing in positive territory for the sixth time in seven sessions on support from wet weather that has been delaying harvest in key U.S. growing areas, traders said. The concerns about the slow harvest, which was most pronounced in […] Read more


(Stephen Ausmus photo courtesy ARS/USDA)

U.S. grains: Wheat ends week up 15 per cent on U.S., global weather woes

Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures notched their biggest weekly advance in three years on Friday as worries about excessive rains in the Midwest and uncertainty over global crop prospects triggered aggressive fund short-covering, analysts said. Corn and soybeans also rose but pared gains as farmers took advantage of the rally and sold supplies […] Read more



(Lisa Guenther photo)

CBOT weekly outlook: Soy, corn futures seen hinging on USDA data

Reading Time: < 1 minute CNS Canada — CBOT (Chicago Board of Trade) soybean futures posted solid gains over the past week, but backed away Wednesday, which could be a sign of further losses to come as market participants await direction from the U.S. Department of Agriculture’s acreage report on Tuesday. John Weyer, co-director of the commercial hedge division at […] Read more

(Canada Beef Inc. photo)

U.S. grains: Wheat falls on profit-taking after two-week high

Reading Time: 2 minutes Chicago | Reuters –– Chicago Board of Trade wheat futures fell on Wednesday after a seesaw session, pulled down by profit-taking from a two-week peak and as the hard red winter wheat harvest expanded in the U.S. southern Plains, traders said. Corn and soybeans also declined, reversing midsession gains as producers sold old-crop supplies. But […] Read more