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Prairie cash wheat: Bids mixed amid conflicting influences

MarketsFarm — Wheat bids across Western Canada were mixed during the week ended Thursday, as losses in U.S. futures were countered by the supportive influence of a weaker Canadian dollar. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down by $7.60-$11.60 per tonne, according to price quotes from a cross-section […] Read more

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

U.S. grains: Soybeans surge on weather concerns

CBOT wheat rises after slide

Chicago | Reuters — Chicago soybean futures surged on Friday, reaching highs not seen since last summer, as the market anticipated drought losses in South America that could curb global export supplies. Wheat rose after a two-day slide, attracting bargain-buying and traders hunting for short-covering, as investors closely monitor a standoff between Russia and the […] Read more


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

U.S. grains: Soybeans hit seven-month high on supply worries

Firm U.S. dollar sinks wheat; corn down

Chicago | Reuters — U.S. soybean futures rallied to a seven-month high on Thursday on concerns about a smaller South American harvest, which could shift more global demand to the United States. Wheat slumped for a second straight session on a stronger dollar and slightly reduced fears that Russia would invade Ukraine and potentially disrupt […] Read more

A Russian army service member fires a howitzer during drills at the Kuzminsky range in Russia’s southern Rostov region on Jan. 26, 2022. (Photo: Reuters/Sergey Pivovarov)

CBOT weekly outlook: Potential for conflict, interest rate hikes affects prices

MarketsFarm — The ongoing standoff between Russia and the West over Ukraine, along with speculation regarding key interest rates from the U.S. Federal Reserve, were two major factors on the Chicago Board of Trade (CBOT) during the week ended Wednesday. The potential for a possible Russian invasion of Ukraine had caused a sharp hike in […] Read more


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

U.S. grains: Soybeans reach seven-month peak

Oil strength, South American crop worries lift soy; CBOT corn up, wheat down

Chicago | Reuters — U.S. soybean futures hit their highest in seven months on Wednesday on technical buying and as soyoil futures rallied with energy markets and historically high palm oil prices. Concerns about a reduced South American harvest and exports from top soy supplier Brazil offered further support, with strength spilling over into corn […] Read more

U.S. grains: CBOT wheat nears two-month peak on Ukraine crisis

U.S. grains: CBOT wheat nears two-month peak on Ukraine crisis

Corn hits June high

Chicago | Reuters — Chicago Board of Trade wheat futures approached a two-month high on Tuesday as fears of Russian military action in Ukraine made traders nervous about a potential disruption to supplies from the Black Sea exporters. Tensions remained high after NATO said on Monday it was putting forces on standby and reinforcing Eastern […] Read more


CBOT March 2022 wheat (candlesticks) with 20- and 50-day moving averages (yellow and orange lines) and Euronext March 2022 milling wheat (blue line, left column). (Barchart)

U.S. grains: Wheat futures rise on fears over Russia-Ukraine conflict

CBOT corn reaches seven-month high; South America rains weigh on soy futures

Chicago | Reuters — U.S. wheat futures advanced on Monday amid fears that Russia may invade Ukraine and disrupt grain shipments from the region, a major global supplier, traders said. Corn futures also strengthened and set a seven-month high, while soybean futures weakened. Grain traders kept their attention on Russia because it is the world’s […] Read more

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

U.S. grains: Corn futures hit highest since June

Soy, wheat fall on profit taking

Chicago | Reuters — Chicago Board of Trade corn futures rose to their highest in seven months on Friday as concerns about production in South America spurred demand for U.S. supplies, traders said. Soybean futures eased from the seven-month top they hit on Thursday, succumbing to a round of profit taking. Soybeans closed well above […] Read more


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

U.S. grains: Soybeans rally, corn flat, wheat falls

Strong cash soybean market supportive

Chicago | Reuters — Chicago Board of Trade soybean futures surged on Thursday as a combination of rising export hopes, concerns about the South American crop and technical buying pushed prices to a seven-month high, traders said. Corn futures ended close to unchanged after fluctuating between positive and negative territory throughout the session, while wheat […] Read more

Russian service members take part in tactical exercises of an assault engineering unit at a training ground in Kamensk-Shakhtinsky in southwestern Russia’s Rostov region on Jan. 17, 2022. (Photo: Reuters/Sergey Pivovarov)

CBOT weekly outlook: Prices up on hot weather, growing tensions

MarketsFarm — Soybean, corn and wheat futures at the Chicago Board of Trade were all showing some strength Wednesday, recovering from losses posted over the previous week. South American weather concerns and broader geopolitical tensions countered any bearish influence from the latest supply/demand estimates from the U.S. Department of Agriculture. South America recently received much-needed […] Read more