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CBOT July 2021 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn nears eight-year high on tight supplies

Wheat, soybeans at 2013 peak

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Chicago | Reuters — Chicago corn futures climbed on Monday to their highest since June 2013 as concerns about South American supplies buoyed the market. Strength in corn pulled wheat and soybeans to eight-year highs. Chicago Board of Trade most-active July corn ended limit up at $6.57-1/2 per bushel (all figures US$). July soybeans gained […] Read more
CBOT May 2021 soybeans (candlesticks) with 20- and 50-day moving averages and CBOT May 2021 soyoil (black line). (Barchart)
Crops, Markets, Reuters

U.S. grains: Soyoil leads soybean complex higher

Wheat follows corn, soy higher

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Chicago | Reuters — Chicago soybean futures climbed on Tuesday, led by rising soybean oil as global edible oil supplies tighten. Corn futures also moved higher, as traders weighed Brazil’s late-planted second crop against beneficial rains in Argentina. Wheat followed the markets higher, despite much-needed rainfall across the U.S. Plains production belt. The most-active soybean […] Read more
CBOT May 2021 corn with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn steps back after export-led rally

Wheat nears three-month low on better U.S. weather; soyoil pulls soybeans higher

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Chicago | Reuters — Chicago corn futures dipped on Monday as improving South American crop weather added pressure to prices after export sales on Friday rallied the market. Soybeans were lifted by rallying soyoil futures, while wheat closed barely higher as favourable planting weather in the U.S. Great Plains and the Black Sea region limited […] Read more
CBOT May 2021 corn (candlesticks) with Bollinger bands (20,2) and May 2021 WTI crude (black line). (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn, soy slump in broad-based commodities selloff

Weekly corn export sales top estimates, China buys more

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Chicago | Reuters — U.S. corn and soybean futures fell on Thursday as a firm U.S. dollar and tumbling energy prices, with crude oil down more than eight per cent, stoked broad selling across commodities markets. The steepest corn and soy declines in more than a week marked a further pullback from recent highs as […] Read more
CBOT May 2021 soybeans with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans slide on slowing exports, Argentina rains

USDA confirms more U.S. corn sales to China

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Chicago | Reuters — U.S. soybean futures retreated on Wednesday on slowing export sales as global demand shifts to South American supplies and as U.S. farmers prepare to dramatically increase plantings of the oilseed this spring. Corn futures were mixed, with the nearby contract firming as strong sales to China stoked concerns about tightening supplies. […] Read more
CBOT May 2021 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Corn, soy sag on profit-taking after USDA data

Midwest's winter wheat entering key growth phase

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Chicago | Reuters — U.S. corn and soybean futures each fell about two per cent on Wednesday, a day after monthly U.S. Department of Agriculture (USDA) forecasts failed to offer fresh bullish news, freeing traders to book profits following recent multi-year highs, analysts said. Wheat futures also declined, following the trend, with beneficial moisture expected […] Read more
(Qingwa/iStock/Getty Images)
Crops, Markets

CBOT weekly outlook: U.S. supply and demand report stands pat

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MarketsFarm — Expected changes to ending stocks for soybeans, corn and wheat did not occur in the latest supply and demand report Tuesday from the U.S. Department of Agriculture (USDA). Rather, the department held onto its February projections. “I’m disappointed [the USDA] didn’t adjust anything. I’m not saying they didn’t do their homework. I’m just […] Read more
CBOT May 2021 soybeans with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Soy futures rally on dry Argentina weather

Attention turns to next week's USDA supply-demand outlook

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Chicago | Reuters — U.S. soybean futures prices pushed higher on Friday, notching a fourth straight weekly gain, as dry weather in Argentina continued to fuel worries about global supplies of the oilseed. Corn futures rebounded from a three-week low reached in the previous session, while wheat futures also edged higher. Concerns increased over crops […] Read more

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