CBOT December 2022 soft red winter wheat (candlesticks) with 20-day moving average (green line), MGEX December 2022 hard red spring wheat (yellow line) and K.C. December 2022 hard red winter wheat (orange line). (Barchart)

U.S. grains: Wheat sags on Black Sea export deal extension

Chicago corn turns higher

Chicago | Reuters — U.S. wheat futures dropped to a 2-1/2-month low on Thursday after the United Nations announced an agreement to extend a grain corridor for exports from war-torn Ukraine. Soybean futures fell on worries about demand as top global buyer China struggles with COVID-19 lockdowns. But corn turned higher as strong weekly U.S. […] Read more

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

U.S. grains: Soybeans, corn end lower as crude oil sags

Chicago December wheat firms

Chicago | Reuters — Chicago soybean and corn futures fell on Monday on spillover pressure from crude oil along with uncertainty about export demand for U.S. supplies of both crops, analysts said. But wheat futures rose on signs of global export demand while traders continued to monitor prospects for the renewal of an export corridor […] Read more


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

U.S. grains: Soy futures up on China COVID curbs, weakening U.S. dollar

Corn market gains boosted by strength in crude oil market

Chicago | Reuters — Chicago wheat, corn and soybeans rose on Friday, underpinned by strong commodities and equities markets, as well as hopes that China’s easing of COVID-19 restrictions could boost demand. Soybeans bounced on hopes that China’s move to ease some COVID-19 curbs might spur economic activity, potentially boosting demand for goods including soybeans. […] Read more

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

U.S. grains: Soybeans, corn sag on worries about China demand

Upcoming USDA data in focus

Chicago | Reuters — U.S. soybean futures dropped on Monday, retreating from a six-week high, pressured by fears about export demand after top buyer China denied it was considering easing its stringent zero-COVID policy. Traders were also adjusting positions ahead of monthly supply-and-demand reports due at mid-week from the U.S. Department of Agriculture (USDA). Wheat […] Read more


A farmer in China piles wheat.  Photo: Reuters/File

China top destination for Canadian wheat through two months

MarketsFarm – China was the main destination for Canadian wheat through the first two months of the 2022/23 (Aug/Jul) marketing year, according to the latest trade data from Statistics Canada. Canada exported 534,000 tonnes of wheat to China in August and September, accounting for about 20 per cent of Canada’s total wheat exports-to-date. Japan, Bangladesh […] Read more

Photo: Thinkstock

Brazil moves closer to China corn exports as Beijing approves traders

Beijing/Sao Paulo | Reuters – Chinese customs updated its list of approved Brazilian corn exporters on Wednesday, a move a Brazilian agriculture official said could jumpstart sales of corn to the world’s second-largest economy. The approvals could reshape global trade flows and result in fewer sales for farmers in the United States, the world’s top corn supplier. […] Read more



CME December 2022 live cattle (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. livestock: Cattle, hog futures rise on cash market strength

November feeder cattle also end higher

Chicago | Reuters — Chicago Board of Trade hog and cattle futures rose on Wednesday, following gains made in the cash market earlier this week, traders said. CME December lean hog futures gained 0.9 cent to settle at 87.375 cents/lb. (all figures US$). The contract faced technical resistance at the high end of its 20-day […] Read more


(Qingwa/iStock/Getty Images)

CBOT weekly outlook: October USDA report delivers few major changes

Soy could see 'a few more days' higher

MarketsFarm — For the most part, the latest monthly supply and demand report from the U.S. Department of Agriculture provided little in terms of major changes from its September report. USDA issued its October world agriculture supply and demand estimates (WASDE) during the late morning Wednesday, with much of the data fairly close to market […] Read more

File photo of a rapeseed field in southern China’s Yunnan province. (YuenWu/iStock/Getty Images)

One-third of China’s land protected under ecological ‘red line’ scheme

Authorities crack down on farm encroachment

Shanghai | Reuters — Nearly a third of China’s land is now off-limits to development under a scheme known as the “ecological protection red line,” a senior official said at a news briefing on Monday, bringing the country in accord with global biodiversity targets. China first proposed its “red line” scheme in 2011 to put […] Read more