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

U.S. grains: Soy dives on China’s economic uncertainty

Improved outlook for Ukraine exports weighs on grains

Chicago | Reuters — Chicago soybeans fell on Monday, pressured by forecasts for beneficial rainfall in parts of the U.S. Midwest and unexpected data from China that suggested declining demand for U.S. agricultural commodities from the country. The People’s Bank of China cut key interest rates on weaker-than-expected economic data from the world’s second-largest economy, […] Read more

(Thinkstock photo)

Prairie cash wheat: Bids show some strength

U.S. wheat futures, loonie up on week

MarketsFarm — Spring wheat bids in Western Canada moved higher during the week ended Thursday, taking back most of the losses from the previous week as gains in U.S. futures provided support. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were up by $12-$15.50 per tonne during the week ended Thursday, […] Read more


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

U.S. grains: Chicago soy futures bounce back after USDA forecasts

Corn crop forecast to be smaller than expected due to weather

Chicago | Reuters — Chicago soybean futures turned higher on Friday, as traders questioned a surprisingly large record-crop forecast and focused instead on August weather as recent hot and dry days threaten key U.S. growing areas. Soybean futures slid sharply after the U.S. Agriculture Department on Friday forecast U.S. soy farmers would glean a record […] Read more

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

Wheat, soybeans buck expectations in USDA report

Soy ending stocks figure adjusted higher

MarketsFarm — Projected average yields and production for wheat and soybeans for 2022-23 went against many analysts’ expectations, according to the U.S. Department of Agriculture (USDA). USDA released its monthly world agriculture supply and demand estimates (WASDE) on Friday, which surprisingly showed upward revisions for average yields and production despite pre-report estimates showing the opposite. […] Read more


Canadian barley market outlook

Canadian barley market outlook

Market Talk with Jerry Klassen

Old- and new-crop barley prices have been under pressure throughout the summer. For one thing, old-crop values have been softening due to a lack of demand. Most feedlots have sufficient volumes of corn booked through August until new-crop barley comes on the market. Second, farmer selling has increased. Falling prices tend to spur producer selling. […] Read more

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

U.S. grains: Chicago grains firm on yield uncertainty ahead of USDA report

Grains also underpinned by U.S. dollar fall after inflation data

Chicago | Reuters — Chicago wheat and soybean futures closed higher on Thursday as a weaker U.S. dollar lent support to dollar-priced commodities and traders squared up their positions ahead of a key government report. Meanwhile, corn futures firmed, supported by concerns about hot and dry weather stressing the U.S. Midwest crop through its final […] Read more


Wheat in progress west of Pathlow, Sask. on Aug. 1, 2022. (Dave Bedard photo)

Feed weekly outlook: Prices lower despite mixed growing conditions

MarketsFarm — While not as widespread as last year’s historic drought, some parts of Alberta are still struggling with hot and dry conditions. Suzanne Leclerc, owner of Market Master Ltd. in Edmonton, said growing conditions for feed grains across the province are varied. “As usual for the last couple of years, such a mixed review,” […] Read more

CBOT September 2022 wheat (candlesticks) with 20-day moving average (green line), MGEX September 2022 spring wheat (yellow line) and K.C. September 2022 hard red wheat (orange line). (Barchart)

U.S. grains: Corn, wheat futures extend gains on crop risks

Wheat market also weighs prospects for more Ukraine exports

Chicago | Reuters — Chicago Board of Trade corn and wheat futures rose on Wednesday, as hot, dry weather in parts of the U.S. and Europe kept attention on harvest risks, while soybeans settled lower after notching contract highs. Traders also adjusted positions ahead of the U.S. Department of Agriculture’s (USDA) monthly supply and demand […] Read more



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

U.S. grains: Corn, soybeans gain as U.S. crop ratings decline

Restart of Ukraine sea exports anchors wheat

Chicago | Reuters — U.S. corn and soybean futures climbed to their highest in more than a week on Tuesday on lower weekly U.S. crop condition ratings and worries that hot, dry weather in the western Midwest forecast would continue to stress crops. Wheat was also firmer as the dollar softened, although gains were limited […] Read more