CBOT January 2024 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Soybeans spike on China demand, Brazil weather

Wheat rallies on Argentina outlook

Chicago | Reuters — Chicago soybean prices rallied to a two-month high on Wednesday, after the U.S. Department of Agriculture confirmed a Reuters report that China booked its largest single-day U.S. soybean purchases since at least late July. Unfavourable weather conditions in Brazil were also supportive, traders said. Meanwhile, corn turned higher on the day […] Read more



CBOT December 2023 soft red winter wheat with 20-day moving average, MGEX December 2023 hard red spring wheat (yellow high/low/close) and K.C. December 2023 hard red winter wheat (orange HLC). (Barchart)

U.S. grains: Wheat down on supply concerns, soft demand

K.C., MGEX wheats also set contract lows; corn, soy up

Chicago | Reuters — U.S. wheat futures fell across the board on Tuesday on soft demand and as supply concerns weakened in the Southern Hemisphere, while soybean futures pushed higher on adverse weather in Brazil. The most-active wheat contract on the Chicago Board of Trade (CBOT) ended down 9-3/4 cents at $5.56-1/4 per bushel and […] Read more

CME December 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME live cattle recover off recent slide, eye cash prices

Lean hogs also align with cash prices

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures topped a one-week high on Monday as the market recovered from steep losses last week. Firm prices in the cash market on Friday supported the rebound in futures, brokers said. CME December live cattle futures ended up 1.025 cents at 183.25 cents/lb. (all figures US$). […] Read more


CBOT December 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Corn dips on harvests, technical selling

CBOT soymeal climbs to seven-month high; Chinese ag companies sign U.S. purchase deals

Chicago | Reuters — Chicago Board of Trade corn futures fell for a third straight session on Tuesday and neared a two-week low under pressure from U.S. harvesting and technical selling, analysts said. Wheat futures also eased, while soybeans and soymeal jumped. A quick harvest pace for U.S. corn and soy is expected to continue […] Read more

CBOT November 2023 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Chicago soybeans drop in choppy trade

Wheat futures lifted by surprise purchase from China

Reuters — Chicago soybean futures fell on Tuesday, at one point nearing their lowest levels since December of 2021, under pressure from a stronger dollar, improving signs for the U.S. harvest and a brisk start to planting in Brazil. Chicago Board of Trade (CBOT) soybeans settled down 0.3 per cent at $12.72-3/4 a bushel. Futures […] Read more


CBOT November 2023 soybeans with 20-, 30- and 50-day moving averages. (Barchart)

U.S. grains: Soy futures stumble as trade awaits harvest, crop data

U.S. corn harvesting starts early in some areas

Chicago | Reuters — U.S. soybean futures fell on Thursday as grain traders waited for farmers to harvest their fields and the government to release updated crop estimates next week. Most-active soybean futures ended down 16-3/4 cents at $13.59-1/2 a bushel at the Chicago Board of Trade (all figures US$). CBOT wheat futures declined 9-1/4 […] Read more

File photo of a vineyard in South Australia. (Alicat/iStock/Getty Images)

Australian wine industry faces hangover from China’s tariffs

Over two billion litres of wine in storage

Sydney | Reuters — Australia’s wine industry faces severe oversupply problems that will need years to resolve, experts say, pointing to Chinese tariffs, high production and export bottlenecks during the COVID-19 pandemic. Vineyards nationwide have enough wine in domestic storage to fill 859 Olympic swimming pools, Rabobank said this week in its third-quarter wine report. […] Read more


File photo of a sunrise over an Alberta barley crop. (MNphotography/iStock/Getty Images)

Feed weekly outlook: Crop conditions, barley demand lower

Prices expected steady to lower for now

MarketsFarm — As combining operations begin, dryness continues to plague crops in many parts of Saskatchewan. But while crop conditions aren’t as bad as they were during the drought of 2021, according to trader Evan Peterson from JGL Commodities in Saskatoon, crops are still very parched. “Southern and western parts are very, very poor. But […] Read more

CBOT December 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Corn, wheat firm ahead of USDA report

CBOT soybeans end mixed

Chicago | Reuters — Chicago Board of Trade corn and wheat futures firmed on Thursday, with traders unwinding bearish bets ahead of a key U.S. government report on supply and demand on Friday. The soybean market was mixed, with thinly traded old-crop contracts easing and new-crop contracts firming as investors adjusted positions ahead of the […] Read more