Reading Time: 2 minutes On what would have been a bearish week on the Chicago Board of Trade ending Dec. 27, prices received a sharp boost as trading resumed after Christmas.
CBOT weekly outlook: Late Christmas gift for futures
Re-opening of U.S./Mexico rail crossings boosted corn, dryness lifted soybeans
U.S. grains: Chicago soybean, grain futures firm ahead of holidays
Railways between U.S. and Mexico reopened five days after key trade routes closed
Reading Time: < 1 minute Chicago Board of Trade soybean and grain futures firmed on Friday, as traders adjusted their positions before the year-end holidays after a flurry of economic data showed underlying inflation pressures continuing to ease.
More local barley destined for rations, but U.S. corn still moving
Prior to drought year 2021/22, Canadian corn imports had rarely topped two million tonnes
Reading Time: < 1 minute Recently revised supply/demand tables from Agriculture and Agri-Food Canada raised the forecast for domestic barley usage in the current crop year to 6.155 million tonnes. That compares with an earlier forecast of 5.471 million tonnes. If realized, that would be up by roughly 200,000 tonnes from the previous year.
U.S. grains: Soybeans fall on Brazilian rain forecasts
Corn up on technical bounce, wheat up on weaker dollar
Reading Time: 2 minutes Chicago soybean futures fell on Thursday as traders focused on forecasts calling for rain in Brazil, tempering some concerns over yield losses in the world's top oilseed exporter.
U.S. grains: Chicago corn futures hit new lows
Exports being lost because of US-Mexico rail crossing closures, industry says
Reading Time: 2 minutes Chicago front-months' corn contracts hit new lows on Wednesday after the U.S. government closed two key rail crossings into Mexico, the top importer of U.S. corn, in response to rising migrant crossings.
CBOT weekly outlook: U.S. wheat remains rangebound
U.S. wheat prices essentially bottomed out during late November; recovered somewhat in December
Reading Time: 2 minutes United States wheat prices have been in something of a quandary lately, with any hope of higher prices curtailed by the need to remain competitive with cheaper Russian wheat, according to Tom Lilja of Progressive Ag in Fargo, North Dakota.
U.S. grains: Chicago soybeans turn lower on rain forecast in Brazil
Wheat futures rose on a technical bounce
Reading Time: 2 minutes Chicago soybean futures turned lower on Tuesday, as weather forecasts called for Brazil's dry crop belts getting some much-needed rainfall in the coming days.
U.S. grains: Soybeans rally as Argentina seeks to raise meal, oil export taxes
Good export demand also underpinned soybeans
Reading Time: 2 minutes U.S. soybean futures clawed back early losses and ended higher on Monday on good U.S. export demand and after Argentina's new government said it would raise export taxes on soymeal and soyoil in the world's supplier of the soy products.
U.S. grains: Soy posts first weekly gain in 1-1/2 months
Traders waited to see whether beneficial rains will arrive in dry areas of Brazil
Reading Time: 2 minutes Chicago | Reuters -- U.S. soybean futures finished higher in the nearby contract and lower in deferred months on Friday as traders waited to see whether beneficial rains will arrive in dry areas of Brazil as expected.
U.S. grains: Soybeans tumble on improving weather forecast for Brazil
Corn and wheat futures also traded lower
Reading Time: 2 minutes Chicago soybean futures sank for a second consecutive session on Wednesday as the prospect of rain in Brazil eased worries about drought damaging harvest prospects in the world's top exporter.
A message from April Stewart, Country Guide's Associate Editor
