CBOT July 2019 corn (candlesticks) with July 2019 soybeans (line) for comparison. (Barchart)

CBOT weekly outlook: Weather, trade talks strong influences

Reading Time: 2 minutes MarketsFarm — Forecasts calling for more precipitation in the U.S. and trade talks with China are having powerful effects on prices at the Chicago Board of Trade this week from where one analyst sits. Steve Georgy of Allendale Inc. in McHenry, Ill. said the forecast has been driving soybean prices to new contract lows. Already […] Read more

(Qingwa/iStock/Getty Images)

USDA raises corn stocks projections, lowers soybeans

Reading Time: 2 minutes MarketsFarm — Updated supply/demand estimates from the U.S. Department of Agriculture came largely in line with expectations, with larger U.S. and world corn and wheat stocks and slight downward revisions to soybean carryout numbers. Expected U.S. corn ending stocks for the current marketing year were raised by 200 million bushels, to 2.035 billion bushels, in […] Read more


CBOT May 2019 wheat with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Wheat pressured by ample global stockpiles

Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell to a one-week low on Tuesday, pressured by improving U.S. yield prospects and rising global stockpiles, analysts said, while nearby U.S. corn and soybean futures finished unchanged. Chicago Board of Trade May wheat settled down 5-3/4 cents at $4.59-1/2 per bushel after dipping to a one-week low […] Read more



(Qingwa/iStock/Getty Images)

USDA’s latest WASDE lacks ‘market-turning’ news

Reading Time: < 1 minute MarketsFarm — There was nothing in the U.S. Department of Agriculture’s latest world supply and demand estimates (WASDE) report that could have created major moves on commodities markets, according to an analyst. The report, issued Friday, “didn’t give us any kind of a market-turning type news,” said Steve Georgy, president of Allendale Inc. in McHenry, […] Read more

CBOT May 2019 soybeans, with May corn in orange. (Barchart)

CBOT weekly outlook: Fresh trade news would move markets

Reading Time: 2 minutes MarketsFarm — Fresh news out of U.S./China trade talks will move the soybean and corn markets in the near future, rather than USDA’s next world agriculture supply and demand estimates (WASDE), according to an analyst following the Chicago Board of Trade. However, a lack of fresh news regarding those trade talks has become a problem […] Read more


(Qingwa/iStock/Getty Images)

U.S. delays key agriculture reports due to government shutdown

Reading Time: 2 minutes Chicago | Reuters — The U.S. Department of Agriculture (USDA) delayed several major domestic and world crop reports because of the two-week-old partial government shutdown, the agency said on Friday. New release dates for the monthly world agricultural supply and demand estimates (WASDE) report and other data originally scheduled for Friday, Jan. 11, will be […] Read more

(Ablokhin/iStock Editorial/Getty Images)

CBOT weekly outlook: Higher prices don’t jibe with corn, soy production

Reading Time: 2 minutes CNS Canada — Trade is starting to slow down for the holiday season at the Chicago Board of Trade, which has corn and soybean traders looking at the larger picture. Scott Capinegro, a broker with Barrington Commodities at Barrington, Ill., believes prices for corn and soybeans are currently too high. “(The world) continues to plant, […] Read more


CBOT January 2019 soybeans with Bollinger (20,2) bands. (Barchart)

CBOT weekly outlook: Soy left hanging on changing trade truce views

Reading Time: 2 minutes CNS Canada — The initial positive outlook U.S. futures markets had toward a 90-day truce in the U.S.-China trade war is fading, leaving traders with opposing views on where Chicago soybeans are heading. In an effort to resolve their countries’ trade war, U.S. President Donald Trump and Chinese President Xi Jinping agreed to the truce […] Read more

(Lisa Guenther photo)

CBOT weekly outlook: Corn, soy react fittingly to USDA reports

Reading Time: 2 minutes CNS Canada — Traders had a lot to sort through with two big U.S. Department of Agriculture (USDA) reports released Thursday, but at a glance the markets reacted accordingly, according to one trader. USDA on Thursday released its world agricultural supply and demand estimates (WASDE) and crop production reports. “The market reaction, I think, was […] Read more