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Prairie cash wheat: Red spring up, durum pulls back

U.S. wheat futures up on week

MarketsFarm — Wheat prices on the Prairies during the week ended Thursday saw increases for Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) and declines for durum (CWAD). The Russia-Ukraine border crisis spurred a good part of the increases in U.S. wheat markets. The ongoing threat of war could harm wheat production […] Read more


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

U.S. grains: Soy, corn futures extend winning streak

CBOT wheat ends mixed

Chicago | Reuters — Chicago Board of Trade soybean and corn futures rose for the third day in a row on Friday on concerns about harvests in Brazil and Argentina limiting production. Wheat futures were mixed, with concerns about potential Russian aggression against Ukraine disrupting the shipment of wheat from the key export region sending […] Read more



One Canada Square (tower at centre) houses the London head office of the International Grains Council. (Iliffd/iStock/Getty Images)

World soybean output, stocks estimates chopped

MarketsFarm — Downward revisions to soybean numbers stand out the most in February’s grain market report from the International Grains Council (IGC). Otherwise, the monthly estimates have minor alterations. The IGC cut its forecast on 2021-22 global soybean production by four per cent from its January report, bringing its projection to 353.1 million tonnes. The […] Read more

CBOT March 2022 wheat (candlesticks) with 20-m 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)

U.S. grains: Wheat rises on Ukraine-Russia tensions

Corn, soybean futures end firm

Chicago | Reuters — U.S. wheat futures rose 2.2 per cent on Thursday, supported by rising tensions between Ukraine and Russia and expectations that war between the two export countries could improve demand for U.S. supplies, traders said. Soybeans and corn futures closed in positive territory after trading both sides of unchanged, with concerns about […] Read more


Members of the Ukrainian State Border Guard Service keep watch at the Kliusy checkpoint near the frontier with Russia in Ukraine’s Chernihiv region on Feb. 16, 2022. (Photo: Reuters/Valentyn Ogirenko)

CBOT weekly outlook: Russia-Ukraine conflict causes wheat market volatility

MarketsFarm — Conflicting reports and accounts from the ongoing geopolitical tensions between Russia and Ukraine have had an effect on the markets, especially on the Chicago Board of Trade (CBOT), over the past week. The March Chicago wheat contract had ranged from $7.65 to $8.15 per bushel during the week, but lack of precipitation in […] Read more

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

U.S. grains: Soy, corn rise as traders watch weather

Chicago wheat futures flat

Chicago | Reuters — U.S. soybean futures rallied on Wednesday, rising 2.3 per cent to halt a two-day fall with the market underpinned by concerns that forecast rain may be insufficient to avert further drought damage to crops in Argentina and southern Brazil. “It is the size of the crop in South America that will […] Read more


CBOT March 2022 wheat (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)

U.S. grains: Wheat, corn fall as fears of Black Sea disruption retreat

Soybeans down on chance of South America rain

Chicago | Reuters — Chicago Board of Trade wheat and corn futures fell on Tuesday as Moscow’s announcement that some of its troops were returning to base after drills tempered investor fears of a Russian invasion of Ukraine that could disrupt Black Sea export flows. U.S. soybeans fell as traders assessed chances for rain in […] Read more

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

U.S. grains: Soybeans ease on South American rainfall

Wheat underpinned by Black Sea supply worry; corn adds on strong export inspections

Chicago | Reuters — Chicago soybeans fell on Monday, pressured by rainfall in parts of South America that could refresh parched crops as Argentina and southern Brazil near harvest. CBOT corn and wheat ended higher after earlier losses, with corn underpinned by strong export inspections and wheat weighing tensions between Russia and Ukraine that could […] Read more