
Soybeans

U.S. grains: Corn mixed on continued liquidation, tight supply
Soybeans slide on profit-taking; wheat up as U.S. dryness expands
Chicago | Reuters — U.S. corn futures ended mixed on Thursday as traders took profits following a strong run-up in the market, while global supply concerns offered support. Soybeans slipped as soyoil stepped back from recent highs, while wheat ticked higher as dryness expands across the U.S. Great Plains. The most-active corn futures on the […] Read more

CBOT weekly outlook: May corn, soybeans reach eight-year highs
Prices seen as indicating crop scarcity
MarketsFarm — At the Chicago Board of Trade, old-crop contracts for corn and soybeans were trading at continually rising prices over the past week and one analyst believes there is a short squeeze. The May corn contract went from about $6.50 per bushel on April 22 to $7.20/bu. five days later (all figures US$). Over […] Read more

U.S. grains: Corn, wheat, soybeans ease on profit-taking
Focus on weather as corn, soy stocks ebb
Chicago | Reuters — Chicago corn, wheat and soybean futures eased on Wednesday on profit-taking after climbing in earlier trading as traders assessed weather risks to crops in Brazil and the U.S. The most-active corn contract on the Chicago Board of Trade (CBOT) lost 10-1/2 cents to $6.44 per bushel, while the nearby May contract […] Read more

Canada’s soybean, corn acres projected to rise
StatsCan's estimates see Ontario, Quebec, Manitoba planting more
Statistics Canada’s first read of farmers’ intentions for the 2021 growing season shows more Canadian acres going into both soybeans and corn. Farmers nationwide anticipate planting 5.3 million acres to soy in 2021, up 5.5 per cent from 2020, StatsCan said in its field crop survey released Tuesday. “An increase in anticipated (soy) area is […] Read more

U.S. grains: Corn, wheat, soy step back after reaching new eight-year highs
Wheat at highest since February 2013 after U.S. crop rating fall
Chicago | Reuters — Chicago corn, wheat and soybean futures ended Tuesday lower after extending a rally to eight-year highs, supported by corn supply worries as adverse weather cast early doubts over harvest prospects in top exporters Brazil and the United States. A sharp decline in weekly U.S. wheat crop ratings also kept the focus […] Read more

U.S. grains: Corn nears eight-year high on tight supplies
Wheat, soybeans at 2013 peak
Chicago | Reuters — Chicago corn futures climbed on Monday to their highest since June 2013 as concerns about South American supplies buoyed the market. Strength in corn pulled wheat and soybeans to eight-year highs. Chicago Board of Trade most-active July corn ended limit up at $6.57-1/2 per bushel (all figures US$). July soybeans gained […] Read more

Ottawa urged to end Montreal longshoremen’s strike
Back-to-work legislation on table; NDP, Bloc oppose it
Montreal | Reuters — Dockworkers at Canada’s second-largest port on Monday began their second strike in less than a year, as business leaders urged Ottawa to quickly end a walkout they said could cost the economy $25 million a day. The federal Liberal government said Sunday it would introduce special legislation to end the strike […] Read more

U.S. grains: Corn, soy extend multi-year highs
Tightening global supply picture supportive; CBOT wheat also up
Chicago | Reuters — U.S. corn and soybean futures closed firm on Friday after rocketing to multi-year highs this week on tightening domestic and global supplies, traders said. As stocks from the 2020 harvest dwindle, dryness in Brazil and a U.S. cold spell raised doubts about prospects for the 2021 corn crops in the world’s […] Read more

U.S. grains: Corn highest since 2013
Soy tops US$15, wheat over US$7 on supply fears
Chicago | Reuters — U.S. corn, wheat and soybean futures hit multi-year highs on Thursday as concerns about tightening global grain supplies triggered short-covering and fund-driven buying, analysts said. Nearby Chicago Board of Trade corn futures closed up their daily 25-cent limit (all figures US$). Front-month CBOT wheat rose above $7 a bushel and soybeans […] Read more

CBOT weekly outlook: Futures very likely to remain on upswing
Soyoil driving crop commodity gains
MarketsFarm — As prices rise on the Chicago Board of Trade (CBOT), the opportunity for profit-taking becomes more prevalent. That said, values are very likely to continue increasing overall going into the week of April 26, according to analyst Terry Reilly of Futures International in Chicago. “By the end of this week, I do expect […] Read more