CBOT November 2023 soybeans with Bollinger bands (20,2). (Barchart)

U.S. grains: Soybeans end up in bounce from one-month low

Chicago wheat, corn futures firm

Reuters — U.S. soybean futures rose on Friday in a light technical rebound from six-week lows while corn and wheat also ticked higher on bargain-buying, but gains in all three markets were limited by a strong U.S. dollar, analysts said. Chicago Board of Trade (CBOT) November soybeans settled up 2-1/2 cents at $12.96-1/4, bouncing after […] Read more

Barley. (Doug Wilson photo courtesy ARS/USDA)

Feed weekly outlook: Harvest pressure, looming corn imports weigh on barley bids

Some yields turn out 'better than expected'

MarketsFarm — Seasonal harvest pressure and expectations for large corn deliveries from the United States should limit any upside potential in feed barley bids in Western Canada for the foreseeable future despite this year’s smaller crop. “We’re getting some better-than-expected yields (in central Alberta), so there is some harvest pressure with guys needing to move […] Read more


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

U.S. grains: Soybeans fall to one-month low on export woes

CBOT corn, wheat end down

Chicago | Reuters — U.S. benchmark soybean futures fell below US$13 a bushel on Thursday for the first time in a month while corn and wheat futures held near multi-year lows on downbeat weekly export sales, an expanding U.S. harvest and economic worries, analysts said. Chicago Board of Trade November soybeans settled down 26-1/4 cents […] Read more

A soybean field north of St. Adolphe, Man. on Sept. 17, 2023. (Dave Bedard photo)

CBOT weekly outlook: Funds getting out of soybeans

Potential for U.S. government shutdown a concern

MarketsFarm — While corn and wheat prices on the Chicago Board of Trade (CBOT) stayed fairly steady during the week ended Wednesday, soybean prices steadily declined. The November soybean contract dropped 30 cents per bushel from one week ago to close Wednesday at $13.1975/bu. (all figures US$). During the same week, December corn only lost […] Read more


CME December 2023 live cattle with Bollinger bands (20,2). (Barchart)

U.S. livestock: CME cattle end firm, consolidate below recent highs

Hogs up on discount to cash price index

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher on Wednesday as the market consolidated just below life-of-contract highs touched a day earlier. Tightening U.S. cattle supplies remain a supportive backdrop to the market, but fresh bullish news was lacking, traders said. Wholesale beef prices fell, extending a seasonal slide dating from […] Read more

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

U.S. grains: Corn futures extend bounce from multi-year low

CBOT wheat, soybeans end firm

New York | Reuters — Chicago corn futures ended higher on Wednesday, extending a rebound from this week’s near three-year lows, while wheat climbed on a pickup in global export business and soybeans followed grain prices higher. Benchmark Chicago Board of Trade (CBOT) corn climbed six cents, or 1.26 per cent, to settle at $4.82-1/4 […] Read more


CBOT December 2023 corn with Bollinger bands (20,2). (Barchart)

U.S. grains: Corn up off near-three-year lows

CBOT soybeans, wheat end lower

New York | Reuters — U.S. corn futures rose on Tuesday on bargain-buying after prices touched the lowest levels in nearly three years, but gains were limited by expectations of an ample harvest and weak export demand, traders said. Soybeans ended lower after choppy trading, setting a one-month low on pressure from better-than-expected U.S. crop […] Read more

Livestock nutritionist John McKinnon examines three scenarios at how byproduct feeds can be used in cattle feeding programs.

Using byproduct feeds to influence profitability of backgrounded calves

Nutrition with John McKinnon

In my last column, I wrote about some of the challenges facing producers who background cattle, both from a marketing and production perspective. Concerning marketing, emphasis was placed on differences between custom and owner-operated businesses. From a production perspective, both knowledge of cost of production and identifying goals of the nutrition program were stressed. Concerning […] Read more


(Dave Bedard photo)

Fund long position drops in canola

Net long in CBOT soybeans also down on week

MarketsFarm — Fund traders have been busy liquidating long positions and putting on new bearish canola bets in early September. The net managed money long position in the ICE Futures market dropping sharply during the week ended Tuesday (Sept. 12), according to the latest Commitments of Traders report from the U.S. Commodity Futures Trading Commission […] Read more

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

U.S. grains: Corn down on harvest pressure, demand woes

USDA crop reports show brisk harvest, little change to crop quality

New York | Reuters — U.S. corn futures on the Chicago Board of Trade (CBOT) hit their lowest levels in nearly three years on Monday as the Midwest harvest expanded, adding to fears of a supply glut at a time of weak export demand for U.S. supplies, traders said. The benchmark CBOT December corn settled […] Read more