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Wheat

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Cereals, Markets

Mexican wheat production rises, declines for corn

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MarketsFarm – Production numbers for Mexico’s wheat and corn went in opposite directions, according to the latest Global Agricultural Information Network (GAIN) report from the United States Department of Agriculture (USDA) released on Dec. 28. The country’s wheat production forecast for the 2021-22 marketing year (July to June) was revised to reflect a 2.3 per […] Read more
Photo: File
Crops, Markets, Reuters

U.S. grains: Soy, corn futures rise on South American weather questions

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Chicago | Reuters – Chicago soybean futures edge up on Wednesday, as concern adverse weather will curb production in top exporter Brazil kept prices close to their highest since August. Corn futures rose on technical trading, as the market closely watches if weather woes in Argentina will impact the country’s corn crop. And wheat futures […] Read more
Photo: iStock/Getty Images
Markets, Reuters

U.S. grains: Soybean, corn slides on profit-taking amid South American weather woes

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Chicago | Reuters – Chicago soybean futures fell on profit-taking on Tuesday, as uncertainty over weather forecasts in South America continued to spark questions over global supplies, traders said. Wheat prices fell sharply, extending losses from the previous session, as investors began to jockey their positions ahead of the year-end. And corn futures slipped, as […] Read more
CBOT March 2022 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Soybeans, corn extend rally

Dry South American weather stokes worries on crops; wheat prices move on technical trading

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Chicago | Reuters — Chicago soybeans and corn extended gains on Monday to hit multi-month highs as dry and hot weather in South America stoked supply worries. Wheat rose early in the session, bolstered by hopes for greater export demand, but ended the day down on technical trading. Dealers said many market participants were still […] Read more
(Thinkstock photo)
Crops, Markets, Spring Wheat

Prairie cash wheat: Prices booked remarkable upswing in 2021

U.S. wheat futures well up on year

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MarketsFarm — There were huge gains in wheat prices in Western Canada this past year. Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheats shot up by $200 per tonne or more, while those for Canada Western Amber Durum (CWAD) spiked well in excess of $400 per tonne. Significant increases in U.S. […] Read more
CBOT March 2022 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn futures near six-month high

South America weather threats support U.S. soy, corn

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Chicago | Reuters — Chicago Board of Trade corn futures neared a six-month high and soybean futures topped a four-month high on Thursday on concerns about unfavorable dryness and heat threatening South American crops, analysts said. Rain is not expected to bring much relief to southern Brazil, the world’s top soybean exporter, and Argentina in […] Read more
CBOT March 2022 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, dark green and black lines). (Barchart)
Crops, Markets, Reuters

U.S. grains: Soy, corn futures extend rally

South American weather woes remain 'concerning'

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Chicago | Reuters — Chicago Board of Trade soybean and corn futures extended a rally to new multi-month peaks on Wednesday as dry weather in some South American growing belts stoked supply concerns. Wheat futures rose for a fifth straight session, tracking corn and soy while also drawing support from brisk global demand and Ukraine […] Read more

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