(File photo by Dave Bedard)

Canola fund short position smallest in six months

Net long up sharply in CBOT soybeans

MarketsFarm — The managed money net short position in canola tightened to its smallest level in nearly six months in the commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position in ICE Futures canola came in Tuesday at 29,869 (9,349 long/39,218 short), a decrease of […] Read more

CBOT December 2020 corn with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Corn, soy down as weather favours yield prospects

Trade monitoring Northern Hemisphere wheat crops

Chicago | Reuters — U.S. corn futures fell more than two per cent on Monday, nearing a two-week low as Midwest weather forecasts turned milder for the crop’s key growth phase this month, raising the potential for a large harvest, analysts said. The rosy weather outlook also pushed soybean futures lower, and wheat followed the […] Read more


CBOT September 2020 wheat with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Wheat futures top two-month high on global harvest worries

Corn, soybeans firm as U.S. weather looks hotter, drier

Chicago | Reuters — Chicago Board of Trade wheat futures on Thursday leapt to their highest prices in more than two months as the latest crop estimates in major exporting countries like Argentina, France and Russia raised questions about global supply. Corn and soybean futures also strengthened, as weather forecasts predicted more heat and dryness […] Read more

CBOT September 2020 wheat with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: CBOT wheat hits one-month high

Global wheat production estimates shrink; U.S. crop report due out Friday

Chicago | Reuters — U.S. wheat futures jumped on Wednesday on concerns about shrinking crop production estimates in countries from France and Russia to Argentina, traders said. Prices approached a one-month high at the Chicago Board of Trade as adverse weather and lower-than-expected plantings have reduced expectations for harvests in major exporters. The neighbouring corn […] Read more


(Dave Bedard photo)

Merged Manitoba crop groups qualify for checkoffs

Manitoba Crop Alliance also names top brass

The new unit formed from the merger of five Manitoba crop commodity organizations is set to begin collecting checkoffs for its founding groups’ crops, starting Aug. 1. The Manitoba Crop Alliance (MCA) announced Monday it now has its designation under the provincial Agricultural Producers’ Organization Funding Act. The designation allows the new organization to collect […] Read more

CBOT December 2020 corn with 20- and 50-day moving averages. (Barchart)

U.S. grains: Corn, soy slip on less-threatening weather

CBOT wheat futures rise

Chicago | Reuters — U.S. corn and soybean futures eased on Tuesday as weather forecasts looked less threatening to America’s crops than they had a day earlier, analysts said. Traders took profits after soybean futures reached a four-month high on Monday on concerns that hot, dry conditions could threaten crop yields in the U.S. Midwest. […] Read more


CBOT September 2020 corn with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Corn pauses after fund buying spree, watches weather

Soybeans touch new three-month top, wheat eases after rally

Chicago | Reuters — Chicago corn futures trimmed from a near 3-1/2 month high on Thursday, following strong gains after the U.S. government reported farmers had planted fewer than expect corn acres. The corn market remained on pace for the strongest gain in a year, as investors watched weather reports. Corn across much of the […] Read more

CBOT September 2020 corn with Bollinger (20,2) bands. (Barchart)

U.S. grains: Corn continues upward on USDA acreage data, weather worries

Wheat, soy also firm on lower-than-expected USDA acreage; traders eye forecasts for warm, dry Midwest weather

Chicago | Reuters — U.S. corn futures extended a rally on Wednesday to their highest in more than three months after a steeper-than-expected reduction to the U.S. government’s 2020 corn acreage estimate, analysts said. Soybeans and wheat gained after the U.S. Department of Agriculture’s acreage report on Tuesday also showed smaller-than-expected plantings of the grains. […] Read more