Barley. (Photo courtesy Canada Beef Inc.)

Feed weekly outlook: Grains wait for demand to pick up

Trucking availability still seen as an issue, but less of one

MarketsFarm — As feed barley continued to sit in a lull, there have been some increases in feed wheat, according to Brandon Motz of CorNine Commodities at Lacombe, Alta. “There’s a little of downward pressure on barley,” Motz said, noting demand for it is expected to soon pick up. Feed wheat prices have increased recently, […] Read more

CBOT May 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Chicago corn closes higher on consecutive China flash sales

Argentina slashes estimate for 2022-23 harvesting season

Chicago | Reuters — Chicago corn futures ended higher for a third straight session on Thursday on U.S. export demand, while wheat lost ground as the United Nations pushed for an extension of the Black Sea grains deal, analysts said. The U.S. Department of Agriculture made its third consecutive announcement of old-crop U.S. corn sales […] Read more


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

CBOT weekly outlook: ‘Crazy times’ on the markets

U.S. stock markets, crude oil under pressure

MarketsFarm — Macroeconomic factors caused plenty of distress on the Chicago Board of Trade (CBOT) for the week ended Wednesday. Already dealing with whether the U.S. Federal Reserve will continue to raise key interest rates, the collapse of California-based Silicon Valley Bank and concerns over Credit Suisse have rattled global markets, which included a $4 […] Read more

CBOT May 2023 soft red winter wheat with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Chicago wheat, corn up on Chinese demand, Black Sea outlook

Soy dips on sharp fall in stock, oil markets pressure

Chicago | Reuters — Chicago wheat and corn futures closed higher on Wednesday on strong demand from China and uncertainty over a Black Sea grain export deal as a deadline loomed. Soybeans followed stock and oil markets down after Credit Suisse’s largest investor said it could not provide the Swiss bank with more financial assistance, […] Read more


CBOT May 2023 soft red winter wheat with Bollinger bands (20,2). (Barchart)

U.S. grains: Wheat, corn rally from multi-month lows

Ukraine corridor talks eyed

Chicago | Reuters — U.S. wheat and corn futures rose on Tuesday, rebounding from multi-month lows set last week, as Wall Street equity markets turned higher and signs of fresh grain export demand emerged, analysts said. Uncertainty about talks to extend a wartime grain export corridor from Ukraine lent support. Soybean futures posted smaller advances […] Read more

CBOT May 2023 soft red winter wheat with 20-day moving average, MGEX May 2023 hard red spring wheat (orange open/high/low/close) and K.C. May 2023 hard red winter wheat (orange O/H/L/C). (Barchart)

U.S. grains: Wheat slightly rebounds; corn, soy dip

Market volatility over banking sector hits grains prices

Chicago | Reuters — Chicago grains see-sawed on Monday, piggybacking on U.S. stocks that were spooked by global economic concerns after the tech-focused lender Silicon Valley Bank collapsed. The most-active corn and soybean contracts closed weaker, while wheat rebounded slightly after finishing last week at a 20-month low. Grains prices gyrated throughout the day as […] Read more


(Thinkstock photo)

Prairie cash wheat: U.S. futures drag down wheat bids

Potential for more interest rate hikes remains

MarketsFarm — Hawkish comments from the chair of the U.S. Federal Reserve and the possible renewal of the Black Sea Grain Initiative brought down wheat futures on the Chicago Board of Trade (CBOT) for the week ended Thursday — and, in turn, pressured western Canadian wheat bids. In front of the U.S. Senate banking committee […] Read more

(File photo by Dave Bedard)

Confirmation of large canola short position slowly appears

CFTC data flow slowly resuming

MarketsFarm — The size of the fund short position in canola rose in February and likely grew even larger in March, as weekly Commitments of Traders data slowly trickles out from the U.S. Commodity Futures Trading Commission (CFTC). CFTC data has stalled since a ‘cyber-related incident’ delayed the release of the data for weeks. As […] Read more


CBOT May 2023 soft red winter wheat with 20-day moving average, MGEX May 2023 hard red spring wheat (yellow line) and K.C. May 2023 hard red winter wheat (orange line). (Barchart)

U.S. grains: Wheat, corn get boost off weaker dollar after multi-month lows

Expectations grow for Black Sea deal extension

Chicago | Reuters — Chicago wheat futures closed higher on Friday, boosted by a weaker U.S. dollar, after hitting a 20-month low, while corn futures rose from a seven-month low. The markets recovered after a week that saw expectations for an extended Black Sea export deal and a lower U.S. government estimate for corn export […] Read more

(Photo courtesy Canada Beef Inc.)

Feed weekly outlook: Corn the choice crop in feedlots

'Bigger feedlots are looking for volume'

MarketsFarm — Copious amounts of corn are still being delivered to feedlots in southern Alberta despite slowly declining prices for other feed grains. “Corn is coming down over the last little bit,” Mike Fleischhauer of Eagle Commodities Ltd. in Lethbridge said. “You think that there would be a little bit more barley hitting the market. […] Read more