(Photo courtesy Canada Beef Inc.)

U.S. grains: Wheat lower on technicals, better weather

Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell to a one-week low on Monday on technical selling and an improving weather outlook, including beneficial moisture in parts of the Midwest winter wheat belt, analysts said. Soybean futures set a two-week low on forecasts for much-needed moisture in parts of Argentina, and corn sagged as well. […] Read more

Ripe soybeans near Morden, Man. on Sept. 14, 2017. (Allan Dawson photo)

U.S. grains: Soybeans dip on Argentina rain outlook, technical selling

Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell for a third straight session on Friday on technical selling and as an improved South American crop weather forecast soothed some anxiety about drought-reduced production in Argentina. Wheat also declined, with soft red winter wheat futures pressured by forecasts for snow in some U.S. production areas. Corn […] Read more


(Lisa Guenther photo)

CBOT weekly outlook: Futures get weather boost

Reading Time: 2 minutes CNS Canada — The troublesome weather that gave Chicago Board of Trade (CBOT) corn, soybean and wheat contracts a boost over the past week should remain supportive, despite nearby technical setbacks, according to a trader. “I’m still slightly bullish on beans, corn and wheat given the unfavourable weather situation in South America, with too much […] Read more

(FIle photo by Allan Dawson)

U.S. grains: Profit-taking drags wheat from multimonth peaks

Reading Time: 2 minutes Chicago | Reuters — U.S. winter wheat futures turned lower on Wednesday in a profit-taking setback from multi-month highs after five straight sessions of gains fuelled by concerns over poor crop conditions in the U.S. Soybeans were also lower as traders banked profits from a recent grain market rally and a slightly improved crop weather […] Read more


U.S. grains: Winter wheat jumps as crop conditions drop

Reading Time: 2 minutes Chicago | Reuters — U.S. winter wheat futures surged to their highest in at least four months on Tuesday, led by a more than three per cent rally in hard red winter wheat, after the government slashed condition ratings for the drought-hit U.S. Plains crop. Soybeans and corn also advanced on technical buying and short […] Read more



CBOT weekly outlook: Markets stabilize following USDA reports

Reading Time: 2 minutes CNS Canada — Corn and soybean contracts on the Chicago Board of Trade (CBOT) are catching up following the release of U.S. Department of Agriculture (USDA) reports last Friday. Corn “went down on Friday in response to the report. We couldn’t file through it all yesterday. So we actually ended up finding some short-covering and […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. grains: Wheat hits one-month low on supplies, acreage forecasts

Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell to a one-month low on Tuesday, pressured by ample global grain supplies and a government forecast on Friday that said U.S. farmers planted more winter wheat this season than had been expected. Soybeans climbed to a one-week high on short-covering and concerns that dry conditions in Argentina […] Read more


(USDA.gov via Flickr)

U.S. grains: Wheat drops most since August after USDA acreage surprise

Reading Time: 2 minutes Chicago | Reuters — Chicago wheat futures tumbled nearly three per cent on Friday, notching their biggest daily decline since August, after the U.S. Department of Agriculture showed larger-than-expected U.S. winter wheat plantings. Corn futures fell to life-of-contract lows, while soybeans turned higher in a recovery from four-month lows in the wake of the midday […] Read more

(USDA.gov via Flickr)

USDA raises corn harvest view

Reading Time: 2 minutes Washington | Reuters — The U.S. Agriculture Department on Friday boosted its estimate of domestic corn production due to a record yield that stemmed from bumper harvests in major growing states such as Illinois as well as some of the smaller production areas. USDA also trimmed its view of soybean production, although the 2017 crop […] Read more