Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)

CBOT weekly outlook: Soy, corn could retest highs

Wheat now 'doing its own thing'

MarketsFarm — Soybean and corn futures at the Chicago Board of Trade backed away from nearby highs over the past week, but could be poised to retest those levels as the underlying fundamentals remain supportive. “I think we’ll need another headline of sorts, whether it be a weather or sales numbers (headline), to push corn […] Read more

CBOT November 2020 soybeans with 20-, 100- and 200-day moving averages. (Barchart)

U.S. grains: Soybeans up on Chinese buying, Brazil weather

Chicago corn, wheat end higher after mixed day

Chicago | Reuters — Chicago soybean futures climbed on Wednesday, supported by renewed exports and dryness in top exporter Brazil, traders said. Corn and wheat futures ended higher after trading both sides of even as markets digested conflicting indicators. The most active soybean contract on the Chicago Board of Trade gained 12-1/4 cents to $10.56-1/4 […] Read more


CBOT November 2020 soybeans with Bollinger (20,2) bands. (Barchart)

U.S. grains: Soybeans rebound from prior day’s plunge

Wheat flat as stronger dollar offsets dryness concerns; corn up on exports to Mexico

Chicago | Reuters — Chicago soybean futures rose on Tuesday, a day after the market’s largest drop in six months slowed a rash of farmer selling, traders said. Chicago wheat futures rose slightly but were capped by a strong U.S. dollar, while CBOT corn gained on fresh export sales to Mexico. CBOT November soybeans closed […] Read more

CBOT November 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Soybeans fall as harvest pressure fills bulls’ void

Corn follows soybeans lower; wheat ends slightly higher

Chicago | Reuters — Chicago soybean futures dropped sharply on Monday, as harvest pressure pushed the market lower, traders said. Corn followed soybeans lower, while wheat ended slightly higher on concerns that dryness across the U.S. Great Plains might limit winter wheat growth. Chicago Board of Trade most-active soybeans fell 31-3/4 cents to $10.33-3/4 per […] Read more


Violife’s vegan cheese-substitute lines include cheddar-style slices. (ViolifeFoods.com)

Becel maker Upfield to relocate Ontario plant

Company to make vegan cheese substitutes, other spreads at Brantford

The maker of Becel margarine, Imperial spreads and, most recently, vegan near-cheese Violife plans to boost its Canadian manufacturing capacity with a move from Toronto to Brantford, Ont. The Canadian arm of Amsterdam-based Upfield said Wednesday it has bought a 164,000-square foot industrial building at Brantford and “brings a significant investment involving the purchase of […] Read more

CBOT November 2020 soybeans with Bollinger (20,2) bands. (Barchart)

U.S. grains: Soybean futures hit 2018 highs as supplies tighten

USDA cuts domestic soy ending stocks; traders expect more demand from China

Chicago | Reuters — Chicago Board of Trade soybean futures surged to their highest prices since March 2018 after the U.S. Department of Agriculture on Friday said inventories will dwindle to a five-year low. Corn futures advanced to a one-year high, while wheat futures slumped in a setback from a five-year high reached on Thursday. […] Read more


The USDA building in Washington, D.C. (Art Wager/iStock/Getty Images)

USDA’s WASDE bullish for soy, corn, wheat

MarketsFarm — The October world agricultural supply and demand estimates (WASDE) from the U.S. Department of Agriculture (USDA) shows lower U.S. ending stocks for soybeans, corn and wheat. Projected U.S. soybean ending stocks for 2020-21 were lowered to 290 million bushels from last month’s projection of 460 million. Last year, carryout stocks were at 523 […] Read more

CBOT December 2020 wheat with Bollinger (20,2) bands. (Barchart)

U.S. grains: CBOT wheat falls after hitting highest since 2015

Chicago corn, soybean futures ease

Chicago | Reuters — Chicago Board of Trade wheat futures dropped 1.9 per cent on Thursday, falling from their highest in more than five years, as traders locked in profits ahead of a key U.S. government report. Soybeans and corn also eased from recent peaks but losses were kept in check by strong export demand. […] Read more


ICE November 2020 canola with 20-, 50- and 100-day moving averages. (Barchart)

ICE weekly outlook: ‘Demand-pull’ environment supports canola

MarketsFarm — ICE Futures canola contracts moved higher during the week ended Wednesday, moving back toward the contract highs hit in September. Canola is pushing upside chart limits and modest corrections are likely going forward, but the fundamentals remain supportive and “the trend is up until further notice,” said analyst Mike Jubinville of MarketsFarm Pro. […] Read more

CBOT December 2020 corn with Bollinger (20,2) bands. (Barchart)

CBOT weekly outlook: Watch for USDA’s corn, soy stocks numbers to decline

MarketsFarm — Expect ending stocks for U.S. corn and soybeans to be lower in the upcoming supply and demand report from the U.S. Department of Agriculture (USDA), said Scott Capinegro of Barrington Commodities at Barrington, Ill. USDA is scheduled to release its next world agriculture supply and demand estimates (WASDE) on Friday at 11 a.m. […] Read more