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CBOT weekly outlook: October USDA report delivers few major changes

Soy could see 'a few more days' higher

MarketsFarm — For the most part, the latest monthly supply and demand report from the U.S. Department of Agriculture provided little in terms of major changes from its September report. USDA issued its October world agriculture supply and demand estimates (WASDE) during the late morning Wednesday, with much of the data fairly close to market […] Read more

CBOT November 2022 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)

U.S. grains: USDA cuts soy, corn crop outlooks, trims demand

Large Russian wheat supplies temper war worries

Chicago | Reuters — U.S. soybean futures jumped to a two-week high on Wednesday after the U.S. Department of Agriculture (USDA) unexpectedly cut its U.S. harvest forecast and raised imports by top soy buyer China in a monthly report. Soybean price gains were held in check, however, by expectations for large South American crops that […] Read more


CBOT December 2022 soft red winter wheat (candlesticks) with 20-, and 50-day moving averages (green and black lines), MGEX December 2022 hard red spring wheat (yellow line) and K.C. December 2022 hard red winter wheat (orange line). (Barchart)

U.S. grains: Wheat, corn slip ahead of key crop forecasts

Corn, soy consolidate as U.S. crop data watched

Chicago | Reuters — Chicago wheat futures fell back on Tuesday, after jumping to a three-month high a day earlier, as signs of escalation in the war between Russia and Ukraine continued to raise concerns about the viability of Black Sea grain trade in the coming months. Corn futures slipped, and soybeans firmed, as investors […] Read more

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U.S. grains: U.S. soybean, corn, wheat futures bounce after sell-off

Chicago | Reuters – U.S. soybean futures rose on Friday, with bargain buying in focus after prices fell to their lowest since late July a day earlier, traders said. Corn futures also ended firm after posting sharp declines on Thursday. All three commodities traded in both positive and negative territory, with concerns about tightening world supplies providing […] Read more


Photo: Thinkstock

Alberta harvest on the verge of completion

MarketsFarm – Combining in Alberta is almost finished with the latest crop report indicating it’s at 96.3 per cent complete. The province’s Agriculture, Forestry and Rural Economic Development (AFRED) department noted that as of Oct. 4, the harvesting of all crops advanced nine points from the previous week due to dry weather. Of the 11 […] Read more

Markets adjusting to barley, corn production estimates

Markets adjusting to barley, corn production estimates

Market Talk with Jerry Klassen

The western Canadian yearling market rallied $8-$10/cwt throughout August. While yearling prices were percolating higher, barley prices in Western Canada were grinding lower. Farmers started harvesting barley in southern Alberta during the third week of August and progress will accelerate across the Prairies through September. Most feedlots had their feed grain requirements covered with U.S. […] Read more


CBOT November 2022 soybeans (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. grains: Soy, wheat, corn fall as export concerns rise

Low depths on Mississippi hinder export traffic

Chicago | Reuters — Chicago Board of Trade soybean futures fell to a 2-1/2 month low on Thursday, under pressure from the ongoing U.S. harvest and signs of weak overseas demand, traders said. Poor export demand also weighed on the corn and wheat markets as investors remained wary of an economic downturn. “The grain and […] Read more

Barley. (Photo courtesy Canada Beef Inc.)

Feed weekly outlook: Barley values steady, wheat rises

MarketsFarm — As the harvest across most of the Prairies begins to wind down, price movement for feed barley has remained fairly stable, according to Erin Harakal, senior trader for Agfinity at Stony Plain, Alta. “October is getting covered is what’s happening. There’s not too much room left for October,” Harakal said, noting the midway […] Read more


CBOT December 2022 soft red winter wheat (candlesticks) with MGEX December 2022 hard red spring wheat (green open/high/low/close) and K.C. December 2022 hard red winter wheat (orange O/H/L/C). (Barchart)

CBOT weekly outlook: Tightening stocks underpin U.S. wheat, corn

USDA's soybean data seen as bearish

MarketsFarm — Tighter-than-expected quarterly wheat and corn stocks in last Friday’s report from the U.S. Department of Agriculture provided the biggest influence on the futures markets over the past week, with larger soybean stocks putting some nearby pressure on that market. Corn stocks in the U.S., as of Sept. 1, came in at 1.377 billion […] Read more

CBOT November 2022 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)

U.S. grains: Soy sags on recession fears, firm dollar

Corn inches higher, wheat down on day

Chicago | Reuters — U.S. soybean futures ended down about one per cent on Wednesday on macroeconomic worries as the dollar bounced and brokers awaited more information on the size of the U.S. harvest, analysts said. Wheat futures closed lower after a choppy session but corn eked out a higher close as traders awaited fresh […] Read more