Canadian barley market outlook

Canadian barley market outlook

Market Talk with Jerry Klassen

Old- and new-crop barley prices have been under pressure throughout the summer. For one thing, old-crop values have been softening due to a lack of demand. Most feedlots have sufficient volumes of corn booked through August until new-crop barley comes on the market. Second, farmer selling has increased. Falling prices tend to spur producer selling. […] Read more

First Ukraine grain deal ship docks in Turkey

Lebanese buyer refused delivery

Istanbul | Reuters –– The first grain ship to depart from Ukraine under a U.N.-brokered deal docked in Turkey on Thursday after 11 days at sea, Refinitiv data showed, and the ship’s agent in Turkey said it would continue to Egypt after unloading part of its cargo. The Razoni set sail from Ukraine’s Odesa port […] Read more


File photo of a field of soybeans under turbines at southern Manitoba’s St. Joseph wind farm. (Dougall_Photography/iStock/Getty Images)

Russia to ban some imports of seeds from Canada, Europe

Canada's Prograin soybean seed on list

Moscow | Reuters — Russia will ban imports of some seeds from several locations in Europe and Canada from Aug. 15, its agriculture safety watchdog said on Thursday, citing non-compliance by suppliers with phytosanitary requirements as the reason. Imports of tomato and carrot seeds will be banned from a nursery of Satimex Quedlinburg, in Germany, […] Read more

CBOT November 2022 soybeans (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. grains: Chicago grains firm on yield uncertainty ahead of USDA report

Grains also underpinned by U.S. dollar fall after inflation data

Chicago | Reuters — Chicago wheat and soybean futures closed higher on Thursday as a weaker U.S. dollar lent support to dollar-priced commodities and traders squared up their positions ahead of a key government report. Meanwhile, corn futures firmed, supported by concerns about hot and dry weather stressing the U.S. Midwest crop through its final […] Read more


CBOT September 2022 wheat (candlesticks) with 20-day moving average (green line), MGEX September 2022 spring wheat (yellow line) and K.C. September 2022 hard red wheat (orange line). (Barchart)

U.S. grains: Corn, wheat futures extend gains on crop risks

Wheat market also weighs prospects for more Ukraine exports

Chicago | Reuters — Chicago Board of Trade corn and wheat futures rose on Wednesday, as hot, dry weather in parts of the U.S. and Europe kept attention on harvest risks, while soybeans settled lower after notching contract highs. Traders also adjusted positions ahead of the U.S. Department of Agriculture’s (USDA) monthly supply and demand […] Read more



CBOT November 2022 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)

U.S. grains: Corn, soybeans gain as U.S. crop ratings decline

Restart of Ukraine sea exports anchors wheat

Chicago | Reuters — U.S. corn and soybean futures climbed to their highest in more than a week on Tuesday on lower weekly U.S. crop condition ratings and worries that hot, dry weather in the western Midwest forecast would continue to stress crops. Wheat was also firmer as the dollar softened, although gains were limited […] Read more

Ukraine’s first outbound corn cargo refused by buyer

Buyer cites months of delay, embassy says

Istanbul | Reuters — The Razoni, the first ship to depart Ukraine under a U.N.-brokered deal, is looking for another port to unload its grain cargo as the initial Lebanese buyer refused delivery citing a more than five-month delay, Ukraine’s embassy in Lebanon said Monday. “According to the information provided by the shipper of the […] Read more


CBOT December 2022 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and green lines). (Barchart)

U.S. grains: Corn, soybeans slip after Midwest rains

Traders looking ahead to USDA report on Friday

Chicago | Reuters — U.S. corn and soybean futures eased on Monday as improved weather in parts of the U.S. Midwest’s farm belt boosted harvest prospects for crops stressed recently by high temperatures and dryness. Chicago Board of Trade wheat firmed as the dollar softened, although gains were limited by improving prospects for exports from […] Read more