CBOT July 2021 soybeans (candlesticks) with 20- and 100-day moving averages (green and black lines) and ICE November 2021 canola (yellow line, left column). (Barchart)

U.S. grains: Soy eases on improved weather view

Chicago corn mixed, wheat down

Chicago | Reuters — U.S. soybean futures fell on Tuesday on an improved weather outlook for the Midwest crop belt, analysts said. The forecasts for cooler and wetter conditions later this month also pressured new-crop corn futures on the Chicago Board of Trade (CBOT), although front-month July gained against back months on spreads, reflecting tight […] Read more

CBOT July 2021 corn (candlesticks) with CBOT, MGEX and K.C. July 2021 wheat (orange, green and yellow lines). (Barchart)

U.S. grains: Corn, soy sag as crop weather outlook improves

Moisture stress remains in parts of Corn Belt

Chicago | Reuters — U.S. corn futures fell by almost four per cent on Monday on forecasts for improving crop weather in the Midwest, including cooler temperatures and beneficial rains late this week, analysts said. Soybeans fell more than two per cent and wheat followed the weaker trend as the U.S. winter wheat harvest got […] Read more


CBOT July 2021 soybeans (candlesticks) with 20-day moving average (dark green line) and CBOT July 2021 corn (orange line, left column). (Barchart)

U.S. grains: Corn, soy drop; soyoil limit-down

Spring wheat futures guide wheat markets lower

Chicago | Reuters — U.S. corn and soybean futures eased and soyoil futures plunged by their daily trading limit on Friday on concerns about demand for renewable fuel feedstocks after news the White House was considering offering fuel refiners relief from biofuel blending mandates. The Reuters report that the U.S. Environmental Protection Agency was pondering […] Read more

(OceanFishing/iStock/Getty Images)

Corn stocks cut in USDA WASDE report

MarketsFarm — Corn ending stocks in the U.S. are forecast to be tighter than earlier expectations for both old- and new-crop, according to the U.S. Department of Agriculture’s world agricultural supply and demand estimates (WASDE) released Thursday. USDA projects 2021-22 ending stocks for corn to be at 1.357 billion bushels, a 150 million-bushel or 10 […] Read more


CBOT July 2021 corn (candlesticks) with 20-day moving average (yellow line), CBOT July 2021 wheat (orange line) and MGEX July 2021 spring wheat (dark green line). (Barchart)

U.S. grains: Corn jumps after USDA lifts export, ethanol demand view

Soybean crush cut by USDA, boosting 2020-21 ending stocks

Chicago | Reuters — U.S. corn futures rallied on Thursday to their highest in a month after the U.S. Department of Agriculture (USDA) projected stronger demand from ethanol makers and exporters ahead of the next harvest. Soybeans were mixed as USDA unexpectedly reduced its view of processor demand this spring and summer in its monthly […] Read more

CBOT July 2021 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and green lines). (Barchart)

CBOT weekly outlook: Wet weather pressures markets ahead of USDA report

MarketsFarm — After hot and dry weather sent corn and soybean prices climbing higher in early June, much-needed rains brought bids down at the Chicago Board of Trade on Wednesday. Weather accounted for “90 per cent” of the pricing influence, according to Sean Lusk, vice-president of the commercial hedging division for Walsh Trading in Chicago. […] Read more


CBOT July 2021 soybeans (candlesticks) with 20- and 50-day moving averages (yellow and green lines) and CME July 2021 crude palm oil (purple line). (Barchart)

U.S. grains: Soybean futures fall, corn firm ahead of USDA report

CBOT, MGEX July wheats down; K.C. wheat up

Chicago | Reuters — U.S. soybean futures dropped 1.2 per cent on Wednesday, pressured by a round of profit-taking and weakness in the cash market, traders said. Wheat futures also were mostly lower after rain in the northern U.S. Plains eased some concerns about parched soils limiting the size of the crop. Corn futures were […] Read more

CBOT July 2021 soybeans (candlesticks) with 20-day moving average (dark green line) and ICE July 2021 canola (yellow line). (Barchart)

U.S. grains: Midwest forecast supports gains in soy, corn

CBOT wheat up, MGEX wheat down

Chicago | Reuters — U.S. corn and soybean futures rose on Tuesday after a government report showed that the condition of crops was worse than expected as a heat wave hit the U.S. Midwest. “Yesterday’s Crop Progress report provided plenty of fodder for the bulls,” Matt Zeller, director of market information at StoneX, said in […] Read more


CBOT July 2021 corn (candlesticks) with CBOT July 2021 wheat (yellow line) and MGEX July 2021 spring wheat (orange line). (Barchart)

U.S. grains: Corn, soybeans mixed as traders eye weather

MGEX wheat down off highs on Prairie rains

Chicago | Reuters — U.S. corn and soybean futures ended mixed on Monday, with old-crop contracts easing on some profit taking while new-crop contracts rose on concerns that hot and dry conditions in key growing areas of the U.S. Midwest could threaten crops as they pass through key stages of development, traders said. “Forecasters expect […] Read more

CBOT July 2021 corn with Bollinger (20,2) bands. (Barchart)

U.S. grains: Weather risk adds premium to corn, soy, wheat

Brazil drought set to cut corn crop, hamper river logistics

Chicago | Reuters — Chicago corn, soybean and wheat futures gained on Friday as hot, dry conditions in parts of the U.S. Midwest threatened yield potential at a time of tight global supply. The most-active corn contract on the Chicago Board of Trade (CBOT) ended 20-3/4 cents higher at $6.82-3/4 per bushel, gaining four per […] Read more