Reading Time: 2 minutes A grain rally at the Chicago Board of Trade (CBOT) during the week ended May 8 has seemed to run out of steam.
Tag Archives WASDE
CBOT Weekly: Focus on weather interrupted by USDA report
USDA holds steady on Brazilian production estimates
Reading Time: 2 minutes Soybean and corn production in Brazil remains uncertain after a pair of conflicting reports released April 11.
ICE Canada Weekly: Canola looking to S&D report for direction
Reading Time: < 1 minute While the start of the week of Apr. 8 saw canola futures on the Intercontinental Exchange trade in a very narrow range, broker Jamie Wilton of RJ O’Brien in Winnipeg said that could soon change.
CBOT weekly outlook: Little to come from March S/D report
Exports the most likely category to see changes, analyst says
Reading Time: 2 minutes There will likely not be a lot of notable changes in the March supply and demand report from the United States Department of Agriculture.
CBOT weekly outlook: Big surprises unlikely in S/D report
Watch out for which side of two billion bushels U.S. corn carryout lands, analyst says
Reading Time: 3 minutes Ahead of the monthly report from the United States Department of Agriculture on Jan. 12, Allendale Inc. president Steve Georgy said he’s not expecting any major surprises for U.S. corn, soybeans or wheat at this point in the 2023/24 marketing year.
U.S. grains: Chicago corn slumps on forecast for record-large crop
Crude oil recovery lends some support to grains
Reading Time: < 1 minute Chicago | Reuters — Chicago corn futures posted a third straight weekly decline on Friday, as traders reacted to a government forecast that U.S. farmers will produce a record-large crop this year. Wheat was lower, following corn. Commodity funds hold a sizeable net short position in Chicago wheat futures, leaving the market prone to volatility […] Read more
USDA’s WASDE report throws a few curveballs
Corn carryover up significantly
Reading Time: 2 minutes MarketsFarm — There were some surprises in the November world agricultural supply and demand estimates (WASDE) from the U.S. Department of Agriculture, released Thursday. USDA defied trade expectations when it came to 2023-24 ending stocks of U.S. corn, soybeans, and all wheat, with those being higher. As well, the department came in above what the […] Read more
CBOT weekly outlook: Small changes expected in November WASDE
'Corn is going to be an issue in Brazil'
Reading Time: 2 minutes MarketsFarm — There will likely be some minor tweaks to the November supply and demand report from the U.S. Department of Agriculture on Thursday. USDA is set to publish its world agriculture supply and demand estimates (WASDE) at 11 a.m. CT. “I would say the [U.S.] corn production estimates are very likely to hold steady, […] Read more
U.S. grains: Chicago soy touches 22-month low ahead of USDA report
CBOT wheat also lower; corn firm
Reading Time: 2 minutes New York | Reuters — Chicago soybean and wheat futures fell on Wednesday, and corn futures firmed as the markets turned their attention to widely-followed U.S. government crop forecasts. The most-active soybean contract on the Chicago Board of Trade (CBOT) dropped 19 cents, about 1.5 per cent, to settle at $12.52-1/2 a bushel (all figures […] Read more
U.S. grains: Soybeans lifted by bright report on export demand
CBOT wheat down sharply, corn also lower
Reading Time: 2 minutes New York | Reuters — Chicago soybean futures rose on Tuesday, rebounding sharply from early losses on lift from technical trading and data showing a pickup in exports of the U.S. oilseeds. Corn prices weakened, and wheat futures fell sharply. The most-actively traded Chicago Board of Trade soybean contract rose 0.6 per cent to $12.71-1/2 […] Read more
A message from April Stewart, Country Guide's Associate Editor
