The USDA building in Washington, D.C. (Art Wager/iStock/Getty Images)

Record U.S. corn, soybean crops for 2023-24, USDA says

U.S., worldwide wheat ending stocks expected down on year

MarketsFarm — The United States may be in the midst of growing record-breaking corn and soybean crops if the U.S. Department of Agriculture (USDA) is correct. USDA on Friday released its monthly world agricultural supply/demand estimates (WASDE), which included its first U.S. production estimates for 2023-24. The report also provided ending stocks projections for new […] Read more

CBOT June 2023 soft red winter wheat with 20-day moving average, MGEX June 2023 hard red spring wheat (yellow line) and K.C. June 2023 hard red winter wheat (orange line). (Barchart)

U.S. grains: CBOT wheat gains on small harvest outlook

Corn, soybeans mostly lower

Chicago | Reuters — U.S. wheat futures rose on Friday, with traders focused on forecasts for crop shortfalls in the drought-stricken U.S. Plains, while corn and soybeans were mostly lower on a government outlook for record-large harvests of both crops. K.C. hard red winter wheat futures posted the biggest gains, surging more than four per […] Read more


File photo of a barley seedling. (SusanHSmith/iStock/Getty Images)

Feed weekly outlook: Short-term premiums add to fluctuations

Truckers seen trying to stay as local as possible

MarketsFarm — Although most feed grain buyers were fairly well covered through spring seeding, Susanne Leclerc of Market Master Ltd. at Edmonton said some were looking for feed to get through the coming weeks and offered premiums. “Which is a shock for seeding season,” she said, suggesting it’s best to shop around, with prices fluctuating […] Read more



(Qingwa/iStock/Getty Images)

CBOT weekly outlook: Traders, analysts anticipate WASDE report

El Nino also worth watching longer-term

MarketsFarm — While traders and analysts continue to keep an eye on weather conditions, their collective focus will momentarily shift on Friday when the U.S. Department of Agriculture (USDA) releases its monthly world agricultural supply/demand estimates (WASDE). This month’s report will be highly significant as it will announce the first U.S. crop production estimates for […] Read more

Photo: Canada Beef

Fed, feeder cattle prices in record-high range

Prepared by the staff of Canfax and Canfax Research Services, divisions of the Canadian Cattle Association

Fed cattle found substantial tailwinds, making new record-high prices in March 2023. Feeder prices in the first quarter of 2023 are approaching the record highs from 2015. Strong cattle prices are being supported by tighter North American supplies. Following two years of drier conditions, Canadian and U.S. cattle inventories were lower to begin 2023. Fed […] Read more



CBOT July 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: CBOT corn, soy, wheat fall on bearish weather

U.S. soy planting seen at near-record pace

Chicago | Reuters — Chicago Board of Trade corn and soybean futures dropped on Tuesday, under pressure from a fast pace of planting across key production areas of the U.S. Midwest and an outlook for good growing weather once seeding is finished, traders said. Soft red winter wheat futures also weakened, with the benchmark CBOT […] Read more


(File photo by Dave Bedard)

Canola fund short position grows

Funds also net short in U.S. wheats

MarketsFarm — The managed money net short position in canola grew in early May as fund traders were busy liquidating long positions and moving more money to the short side of the market, according to the latest Commitments of Traders report from the U.S. Commodity Futures Trading Commission (CFTC). As of May 2, the net […] Read more

CBOT July 2023 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Chicago soy dips, corn flat as planting progresses

No agreement yet to extend Ukrainian export shipping

Mexico City | Reuters — Chicago soybeans ended down and corn was flat on Monday, as U.S. planting progressed ahead of last year and uncertainty over whether Ukraine’s safe shipping agreement for grain exports will be extended with the deal set to expire on May 18. Corn, one of the crops exported out of Ukraine, […] Read more