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

U.S. grains: Soybeans set eight-month low

Chicago | Reuters — U.S. soybean futures fell for an eighth consecutive session on Thursday and hit an eight-month low as the rising toll from the coronavirus outbreak in China added to concerns about Chinese demand for American crops. Wheat also eased and set a three-week low on the Chicago Board of Trade as the […] Read more



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

CBOT weekly outlook: Soybeans oversold

MarketsFarm — Sharp losses in Chicago Board of Trade soybeans over the past month are looking overdone, according to an analyst who expects the lows may be in for the time being. March soybeans lost roughly 60 U.S. cents per bushel since the beginning of January, with the latest concerns over the coronavirus in China […] Read more

CBOT March 2020 wheat with Bollinger (20,2) bands and 30-day moving average (in purple). (Barchart)

U.S. grains: Wheat, corn, soybeans drop

Chicago | Reuters — U.S. wheat futures fell 1.4 per cent on Wednesday on a round of follow-through selling after Tuesday’s technical setback, traders said. The weakness in wheat spilled over to the corn market, which also faced some profit-taking after a higher opening during the overnight trading session. Soybean futures fell for the seventh […] Read more


CBOT March 2020 wheat with five-, 20- and 50-day moving averages. (Barchart)

U.S. grains: Soy, wheat extend losing streaks

Chicago | Reuters — U.S. soybean futures fell on Tuesday for the sixth day in a row, with investors waiting for signs of the pickup in Chinese demand promised when Washington and Beijing signed the Phase One trade deal on Jan. 15, traders said. Wheat futures also drifted lower, their third straight day of losses, […] Read more

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

U.S. grains: Corn, soy, wheat fall on coronavirus fears

Chicago | Reuters — U.S. corn, soybean and wheat futures fell on Monday, with investors shedding risky assets amid fears the coronavirus outbreak in China could dent the global economy, traders said. “The same thing happened with the SARS outbreak, which ended up costing the global economy $40 billion in 2002-03,” Craig Turner, senior commodities […] Read more





(Dave Bedard photo)

AAFC forecasts more wheat, less canola seeded in spring

MarketsFarm — Canada’s farmers will seed more wheat and less canola in the 2020 growing season, according to the first supply/demand estimates for the 2020-21 marketing year, released Thursday by Agriculture and Agri-Food Canada. Total seeded wheat area is forecast to rise to 25.77 million acres, from 25.02 million the previous year. Production is forecast […] Read more

CBOT March 2020 corn with 20- and 50-day moving averages. (Barchart)

U.S. grains: Corn futures hit three-month high on export demand

Profit-taking sparks pullback in CBOT wheat

Chicago | Reuters — U.S. corn futures topped a three-month high on Thursday on improved export demand, while wheat futures traded near a 1-1/2 year high reached a session earlier. Soybeans eased to a one-month low as traders awaited signs of Chinese purchases of U.S. crops in the wake of last week’s initial trade agreement […] Read more