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U.S. grains: grain, soy futures drop on milder US weather, with eyes on Black Sea

Markets have retreated since touching multi-week highs on Monday

Chicago | Reuters – Chicago Board of Trade grain and soybean futures fell to their lowest prices in more than a week on Friday on hopes that U.S. crop weather will improve and Russia will ease its attacks on Ukraine’s grain facilities, analysts said. Technical selling added pressure to prices. Heading into August, the key […] Read more

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U.S. livestock: Live cattle futures mixed; feeders boosted as corn slumps

Chicago | Reuters – Feeder cattle futures on the Chicago Mercantile Exchange Group (CME) ticked up again on Thursday, bolstered by continued weakness in corn futures Cv1, while live cattle futures were mixed on somewhat sluggish cash sales, analysts said. The U.S. Agriculture Department said on Thursday morning that export sales of beef rose to 21,400 […] Read more


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U.S. grains: Grain, soybean futures slide as investors shed risk

Chicago | Reuters – Chicago soybean and grain futures turned lower on Thursday, as investors began shedding risk amid signs that the hot weather in the U.S. Midwest this week could be short-lived. Soybean and corn futures both experienced choppy trading, as the U.S. dollar turned higher, analysts said. Soybeans turned sharply lower, as traders […] Read more

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U.S. grains: Corn, wheat slide sharply on promise of rain, yield potential

Soybeans steady to higher, boosted by weak U.S. dollar, export news

Chicago | Reuters – Chicago corn and wheat futures slid on Wednesday on technical trading and news of a better-than-expected spring wheat forecast in parts of North Dakota, even as a heat wave stretched across the U.S. Midwest and part of the Mississippi Valley, traders said. Meanwhile, soybean futures were steady to higher on the […] Read more


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CBOT weekly update: U.S. Fed decision one of many factors 

Russia’s withdrawal from Black Sea Grain Initiative, attacks on Ukrainian ports have caused erratic price movement

Marketsfarm – The decision by the United States Federal Reserve on July 26 to raise its key interest rates mostly served as a distraction on the Chicago Board of Trade (CBOT) from other events affecting grain futures.  The central bank continued its efforts to wrangle inflation by pushing interest rates up 25 basis points to […] Read more

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U.S. grains: wheat pares gains after 5-month top; corn, soybeans retreat

The market pulled back from five-month highs as Russia appeared to slow its port attacks

Chicago | Reuters – Chicago Board of Trade (CBOT) wheat futures Wv1 pared gains after setting five-month highs on Tuesday after Russia’s attacks on Ukrainian ports and grain infrastructure raised concerns about long-term global supplies and triggered a round of fund short-covering, analysts said. The wheat market pared gains and even dipped lower at times […] Read more


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EU looks to cover transport costs for Ukraine grain exports by land

About 60 per cent of Ukraine's exports were shipped via solidarity lanes when the Black Sea deal was in operation

Brussels | Reuters – The European Union is ready to export almost all of Ukraine’s farm produce via “solidarity lanes” and help cover costs after Russia withdrew from a U.N.-backed Black Sea grain deal,  EU agriculture commissioner Janusz Wojciechowski said on Tuesday. Solidarity lanes are rail and road transport connections through EU member states that […] Read more

Detail on the Chicago Board of Trade building. (Kevinstack22/iStock/Getty Images)

U.S. grains: wheat soars daily limit as Russia attacks Ukrainian grain ports

E.U. further reduces crop forecast, USDA ratings for soybean and spring wheat declines

Chicago | Reuters – U.S. wheat futures surged 8.6% on Monday, rising their daily maximum at the Chicago Board of Trade (CBOT) after Russia attacked Ukrainian ports and grain infrastructure, including the first attack on Danube River grain warehouses. The attacks targeted a vital export route for Kyiv in an expanding air campaign that Moscow began […] Read more


The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)

U.S. Grains: wheat futures drop, corn weak, soybeans mixed

Market going "from forecast to forecast" says expert

Chicago | Reuters – U.S. wheat futures dropped 4.1 per cent on Friday, with traders locking in profits from a rally sparked by escalations in the Russia-Ukraine war that raised the prospects of export disruptions from the two key global suppliers. Corn futures also were weaker, pressured by forecasts that showed more rain and cooler temperatures in […] Read more

File photo of a Chinese cornfield. (Baona/iStock/Getty Images)

Rain in China’s northeast brings relief for corn, drought risk remains

An oversupply of hogs, weak demand are pressuring pork prices

Beijing | Reuters – Recent rainfall in China’s northeastern breadbasket has relieved drought across most of the region, an agriculture ministry official said Friday, but risks remain with the El Nino weather pattern potentially bringing more extreme weather this summer. China is the world’s second-biggest corn producer and about 40 per cent of its crop […] Read more