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

U.S. grains: Soybeans dip, despite exports

Damage to Canada's durum could impact pasta prices

Chicago | Reuters — Chicago soybean prices fell for a second session on Wednesday, despite recent export activity, with analysts pointing to traders squaring positions heading into the end of the month. Wheat traded higher, supported by global demand and concerns about Canada’s crop. Corn was near even as traders wait for the harvest to […] Read more

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

CBOT weekly outlook: Corn, wheat lower; soybeans move up

Corn, wheat already face harvest price pressure

MarketsFarm — Corn and wheat futures on the Chicago Board of Trade (CBOT) were on the decline during the week ended Wednesday, but those for soybeans were going in the opposite direction until hitting resistance. The December corn contract ended the week 9.75 cents per bushel lower at $4.8075 per bushel (all figures US$). The […] Read more


calf and cow

Fed cattle prices strong, parched pastures accelerates yearling run

The Markets with Deb McMillin, from the September 2023 issue of Canadian Cattlemen

Fed cattle Feedlot margins are positive while packer margins have started to struggle. As packers push back, carcass weights have grown, supplies have increased slightly and beef demand dipped lower during the extreme summer heat. All this has contributed to a seasonal reduction in fed cattle prices.. From the June price high of $247.84/cwt, prices […] Read more

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

U.S. grains: Soybeans dip after data shows crop less damaged than feared

Ukrainian farmers not expected to cut winter wheat area

Chicago | Reuters — Chicago soybean and corn prices retreated on Tuesday following U.S. government data showing a smaller-than-expected decline in crop conditions than what many analysts had expected. Wheat hit a two-week low as sluggish demand for U.S. supplies and competition from cheap Russian grain limited the upside in prices. The most active soybean […] Read more


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

U.S. grains: Corn, soybeans climb as U.S. crop concerns grow

Crop tour forecasts crops below USDA estimates

Chicago | Reuters — Chicago soybeans and corn climbed on Monday after a U.S. farm survey predicted smaller crop production than government forecasts due to hot, dry conditions across the U.S. Midwest. Wheat dipped on weak demand for U.S. crops, coupled with competition from cheap Russian supplies. Chicago Board of Trade most-active soybeans gained 18 […] Read more

File photo of a cornfield in Mexico. (Roberto Cabrera/iStock/Getty Images)

Canada says will join as third party in U.S.-Mexico corn dispute

Mexico's measures 'not scientifically supported,' ministers say

Reuters — Canada said Friday it will participate as a third party in dispute settlement proceedings between the U.S. and Mexico regarding genetically modified (GM) corn in imported tortillas and dough, citing concerns about Mexico’s stance on the matter. The decision follows Washington’s request for a dispute settlement panel through the Canada-U.S.-Mexico Agreement (CUSMA), which […] Read more


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

U.S. grains: Soybeans climb on weather risk, export demand

Pro Farmer tour predicts corn, soy crops below USDA estimate

Chicago | Reuters — Chicago soybeans climbed on Friday, bolstered by extreme heat and mixed results on the final day of a Midwest crop tour. Corn traded much of the day mixed, ending just under even as crop production remains robust, despite recent yield-eroding weather. Wheat fell as global supplies remain plentiful, though signs of […] Read more

File photo of a small boat flying the Lebanese flag at a marina in Tripoli as a cargo vessel sails in the distance. (Joel Carillet/iStock/Getty Images)

Ukraine asks Lebanon to bar Syrian ship carrying ‘stolen’ corn

Corn taken from multiple storage units, Ukraine alleges

Beirut | Reuters — Ukrainian officials on Thursday asked Lebanon to bar a Syrian state-owned cargo ship carrying allegedly stolen Ukrainian grain from docking in Lebanon’s Tripoli port, according to the Ukrainian embassy and a diplomatic note seen by Reuters. The Ukrainian mission said in comments to Reuters that the Finikia was transporting 6,000 metric […] Read more


(Photo courtesy Canada Beef Inc.)

Feed weekly outlook: Barley, wheat prices now steady

U.S. corn imports keep lid on barley values

MarketsFarm — Prices for feed barley and wheat didn’t change much for the most part during the week ended Thursday, according to Erin Harakal of Agfinity at Stony Plain, Alta. “This week it has been pretty steady compared to the end of last week,” Harakal said, noting barley prices dropped about $20 per tonne. “Just […] Read more

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

U.S. grains: Soybeans up as heat risk in focus

Weak demand erodes corn, wheat

Chicago | Reuters — Chicago soybean futures firmed for a second straight session on Thursday, supported by strong exports and supply uncertainty as hot, dry weather cast uncertainty over U.S. prospects. Corn inched down as the market assessed results from this week’s Pro Farmer crop tour. Wheat eased as traders weighed strong global supplies against […] Read more