A customer looks at food items displayed on shelves at a supermarket, amid the COVID-19 outbreak in Shanghai, China on Nov. 30, 2022. (Photo: Reuters/Aly Song)

CBOT weekly outlook: Circumstances could mess with usual holiday lull

MarketsFarm — Usually at this time of year, the Chicago Board of Trade (CBOT) slips into its holiday lull, with most trading sticking to a sideways range, Scott Capinegro of Barrington Commodities said, suggesting that could change. “With such geo-political stuff going on and a possible railroad strike [in the United States], it kind of […] Read more

CBOT March 2023 soft red winter wheat with 20-day moving average (dark green line), MGEX March 2023 hard red spring wheat (yellow line) and K.C. March 2023 hard red winter wheat (orange line). (Barchart)

U.S. grains: Wheat rises on short-covering, China optimism

Wheat still lost nearly 10 per cent in November; soybeans rise on fresh China sales, corn down

Winnipeg | Reuters — Chicago wheat rose for a second straight session on Wednesday, supported by end-of-the-month short-covering and investor hopes that China will loosen COVID-19 rules, although the grain declined sharply in November on competition from Black Sea supplies. Soybeans also ticked up, touching a two-month peak, as optimism that China will ease restrictions […] Read more


CBOT March 2023 soft red winter wheat with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Wheat inches higher on hopes China will ease COVID-19 measures

Corn slips on export demand concerns

Winnipeg | Reuters — Chicago wheat finished slightly higher on Tuesday after the previous day’s three-month low, as investors saw hope that China would ease measures to counter COVID-19 infections after rare protests in the country unsettled markets a day earlier. Soybeans also gained on optimism about China, but corn dipped over concerns about export […] Read more

CME February 2023 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME lean hog futures tumble on China demand worries

Cattle futures lower despite bullish fundamentals

Chicago | Reuters — Lean hog futures on the Chicago Mercantile Exchange fell more than four per cent on Monday, pressured by worries about Chinese demand for U.S. pork and expectations of a seasonal slide in wholesale ham prices, traders said. The CME February lean hogs contract settled down 3.75 cents at 84.75 cents/lb. after […] Read more


CBOT March 2023 soft red winter wheat (candlesticks) with 20-day moving average (green line), MGEX March 2023 hard red spring wheat (yellow line) and K.C. March 2023 hard red winter wheat (orange line). (Barchart)

U.S. grains: Wheat tumbles to three-month low in broad sell-off

Soybeans rise on export sales, renewable fuel talk

Winnipeg | Reuters — Chicago wheat fell on Monday to a three-month low, as commodity and equity markets dropped on concern about the impact of rare protests in China against its strict anti-COVID-19 policy. Cheap supplies from Russia and elsewhere in the Black Sea are adding competition for U.S. wheat, and prices have slipped to […] Read more

File photo of a suspension footbridge in Thailand. (Tinnakorn Jorruang/iStock/Getty Images)

Canada to boost defence, cyber security in Indo-Pacific policy

New policy document puts focus on 'disruptive' China

Ottawa | Reuters — Canada launched its long-awaited Indo-Pacific strategy on Sunday, outlining $2.3 billion in spending to boost military and cyber security in the region and vowed to deal with a “disruptive” China while working with it on climate change and trade issues. The plan detailed in a 26-page document said Canada will tighten […] Read more


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

U.S. grains: Soybeans, grains turn higher ahead of U.S. Thanksgiving

Wheat rises as investors position ahead of holiday

Chicago | Reuters — Chicago soybean and grain futures ended higher on Wednesday, as traders looked to even up their positions before the market closes for the U.S. Thanksgiving holiday and ahead of a short trading day on Friday, analysts said. Corn futures strengthened, as the market eyed dry weather forecasts that may cause more […] Read more



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

U.S. grains: Corn, wheat ease on firm U.S. dollar, export concerns

U.S. rail union votes against tentative contract deal

Chicago | Reuters — Chicago Board of Trade grain futures eased on Monday as a stronger dollar and worries about U.S. exports weighed on prices, analysts said. The dollar advanced against most major currencies, making U.S. commodities look less attractive to importers, as tightened COVID-19 rules in China fuelled worries over the global economic outlook. […] Read more

CBOT January 2023 soybeans with Bollinger (20,2) bands. (Barchart)

U.S. grains: Soy firms on bargain buying but posts weekly decline

December wheat ends down, corn up

Chicago | Reuters — U.S. soybean futures rose on Friday on bargain buying after a two-session slide, but still ended the week down about one per cent on uncertainty about demand from China, traders said. Wheat futures turned lower, retreating from early advances, with the benchmark December contract on the Chicago Board of Trade declining […] Read more