Corn, soybean and wheat futures on the Chicago Board of Trade continue to drop and one Chicago-based analyst says they are going to be even lower.
Corn
CBOT Weekly: More pressure on grain prices
U.S. grain, soybean prices to go lower: analyst
CBOT Weekly: ‘It’s a weather game now’ says Lusk
If soybeans fall under $10, corn to slip below $4
As the rest of July plays out, United States soybeans and corn will remain in a weather market, said Sean Lusk, vice-president of Walsh Commodity Hedging Services in Chicago.
AAFC updates canola in July balance sheet
Bases revision on latest StatCan numbers
Agriculture and Agri-Food Canada revised its canola estimates in its July supply and demand report released on July 21.
CBOT Weekly: Grain prices showing weakness
USDA report, trade tensions pressure markets
Grain prices at the Chicago Board of Trade were on the weaker side for the week ended July 16 due to last week's USDA report and ongoing trade tensions.
U.S. grains: Corn rebounds from contract lows on short covering, bargain buying
Bargain buying and short covering lifted U.S. corn futures on Monday after the market slid to contract lows on expectations for strong U.S. output, traders said.
Feed Grain Weekly: Prices in a slow decline
Seasonal weakness, rains pressure barley
Seasonal weakness and recent rains across the Prairies pressured feed grain prices according to a Moose Jaw-based trader.
USDA attaché forecasts larger Chinese corn, wheat crops
But imports drop over last two years
Corn and wheat production in China is expected to increase in 2025/26, the United States Department of Agriculture attaché in Beijing said in a report released July 3.
CBOT Weekly: Turning towards a weather market
Area, stocks reports have little influence
Soybeans and corn on the Chicago Board of Trade are heading toward a weather market, said Sean Lusk, vice-president of Walsh Commercial Hedging in Chicago. The move comes after two reports from the United States Department of Agriculture issued on June 30.
Manitoba crops advancing nicely despite below normal moisture
About 50 to 70 per cent of normal precipitation
Crops in Manitoba continue to develop at a good pace despite a lack of rainfall in some parts of the province, reported Manitoba Agriculture on July 2.
CBOT Weekly: Prices tumble, uncertainty ahead
Weather, supply pressures weigh on grains
Grain futures fell on the Chicago Board of Trade last week with more uncertainty waiting in the wings.
