Reading Time: < 1 minute MarketsFarm — ICE Futures canola contracts have steadied after slipping slightly following Canada’s Thanksgiving long weekend, with nearby attention on speculations rolling positions out of the front month. The nearby November contract closed Wednesday at $526.10 per tonne, gaining slightly after incurring losses the day prior. Market participants adjusting positions ahead of the November contract’s […] Read more
ICE weekly outlook: Canola firm at midweek
U.S. grains: Soybeans up on Chinese buying, Brazil weather
Chicago corn, wheat end higher after mixed day
Reading Time: 2 minutes Chicago | Reuters — Chicago soybean futures climbed on Wednesday, supported by renewed exports and dryness in top exporter Brazil, traders said. Corn and wheat futures ended higher after trading both sides of even as markets digested conflicting indicators. The most active soybean contract on the Chicago Board of Trade gained 12-1/4 cents to $10.56-1/4 […] Read more
U.S. grains: Soybeans rebound from prior day’s plunge
Wheat flat as stronger dollar offsets dryness concerns; corn up on exports to Mexico
Reading Time: 2 minutes Chicago | Reuters — Chicago soybean futures rose on Tuesday, a day after the market’s largest drop in six months slowed a rash of farmer selling, traders said. Chicago wheat futures rose slightly but were capped by a strong U.S. dollar, while CBOT corn gained on fresh export sales to Mexico. CBOT November soybeans closed […] Read more
U.S. grains: Soybeans fall as harvest pressure fills bulls’ void
Corn follows soybeans lower; wheat ends slightly higher
Reading Time: 2 minutes Chicago | Reuters — Chicago soybean futures dropped sharply on Monday, as harvest pressure pushed the market lower, traders said. Corn followed soybeans lower, while wheat ended slightly higher on concerns that dryness across the U.S. Great Plains might limit winter wheat growth. Chicago Board of Trade most-active soybeans fell 31-3/4 cents to $10.33-3/4 per […] Read more
U.S. grains: Soybean futures hit 2018 highs as supplies tighten
USDA cuts domestic soy ending stocks; traders expect more demand from China
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade soybean futures surged to their highest prices since March 2018 after the U.S. Department of Agriculture on Friday said inventories will dwindle to a five-year low. Corn futures advanced to a one-year high, while wheat futures slumped in a setback from a five-year high reached on Thursday. […] Read more
USDA’s WASDE bullish for soy, corn, wheat
Reading Time: < 1 minute MarketsFarm — The October world agricultural supply and demand estimates (WASDE) from the U.S. Department of Agriculture (USDA) shows lower U.S. ending stocks for soybeans, corn and wheat. Projected U.S. soybean ending stocks for 2020-21 were lowered to 290 million bushels from last month’s projection of 460 million. Last year, carryout stocks were at 523 […] Read more
U.S. grains: CBOT wheat falls after hitting highest since 2015
Chicago corn, soybean futures ease
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade wheat futures dropped 1.9 per cent on Thursday, falling from their highest in more than five years, as traders locked in profits ahead of a key U.S. government report. Soybeans and corn also eased from recent peaks but losses were kept in check by strong export demand. […] Read more
CBOT weekly outlook: Watch for USDA’s corn, soy stocks numbers to decline
Reading Time: 2 minutes MarketsFarm — Expect ending stocks for U.S. corn and soybeans to be lower in the upcoming supply and demand report from the U.S. Department of Agriculture (USDA), said Scott Capinegro of Barrington Commodities at Barrington, Ill. USDA is scheduled to release its next world agriculture supply and demand estimates (WASDE) on Friday at 11 a.m. […] Read more
U.S. grains: Corn, soybeans sag on harvest pressure, investor caution
CBOT December wheat closes higher
Reading Time: 2 minutes Chicago | Reuters — U.S. corn and soybean futures fell on Friday on expectations for the harvest of both crops to expand in the heart of the Corn Belt, and on investor caution following news of U.S. President Donald Trump’s positive test for COVID-19, analysts said. Wheat futures firmed on concern about dry weather in […] Read more
U.S. grains: Corn hits seven-month top on tightening stocks
Chicago November soybeans end flat, December wheat down
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures rose to a seven-month peak on Thursday, boosted by strong export sales and bullish government data indicating domestic stocks were smaller than expected, traders said. However, corn settled off its highs and soybean futures erased gains to end flat, under pressure from an influx of grain sales by […] Read more
A message from April Stewart, Country Guide's Associate Editor
