CBOT March 2022 wheat (candlesticks) with K.C. March 2022 wheat (orange line) and MGEX March 2022 wheat (green line, left column). (Barchart)

U.S. grains: Markets retreat on pre-Thanksgiving liquidation

CBOT wheat down off peak; corn, soy also slide

Chicago | Reuters — U.S. wheat futures fell from multi-year highs on Wednesday and corn and soybeans eased in a profit-taking and liquidation sell-off ahead of the U.S. Thanksgiving holiday. A firmer U.S. dollar added pressure, but losses in corn and soy were tempered by signs of improved export demand. Markets will be closed on […] Read more



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

U.S. grains: Wheat rallies to nine-year peaks on supply worries

Corn extends gains, soybeans ease ahead of holiday

Chicago | Reuters — U.S. winter wheat futures rose to nine-year highs on Tuesday as declining weekly U.S. crop condition ratings stoked supply concerns and sparked fresh buying that more than offset earlier profit-taking pressure. Corn extended prior-session gains in light trading, while soybeans eased as traders squared positions ahead of this week’s U.S. Thanksgiving […] Read more

U.S. grains: Wheat soars to nine-year peak on supply concerns, strong demand

Chicago | Reuters — U.S. wheat futures rallied to their highest in nearly nine years on Monday as ill-timed rains in Australia and rising Russian wheat prices stoked concerns about tightening supplies among the world’s top exporters. Corn and soybeans followed wheat higher, with additional support from a waning U.S. harvest and strong domestic demand […] Read more



Kansas City December 2021 wheat (candlesticks) with CBOT December 2021 wheat (orange line) and MGEX December 2021 wheat (green line, left column). (Barchart)

U.S. grains: Wheat, corn, soy ease on profit-taking

Canada's latest export disruptions supportive

Chicago | Reuters — U.S. wheat futures closed lower on Thursday, with K.C. hard red winter wheat and MGEX spring wheat falling from multiyear peaks on a round of profit-taking. Declines were kept in check by concerns about tight supplies and strong demand, factors that pushed Paris wheat to a 14-year high. Profit taking also […] Read more


Standing corn north of St. Adolphe, Man. on Sept. 19, 2021. (Dave Bedard photo)

Feed weekly outlook: Record imports of U.S. corn likely

Feeders will need to scale back barley usage

MarketsFarm — Canadian imports of corn from the United States are picking up and could hit a record this year, given the tight supply situation across the Prairies. The most recent export sales data from the U.S. Department of Agriculture showed Canada as the country’s largest corn customer during the week ended Nov. 11, accounting […] Read more




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Klassen: Feeder market continues downward slide

Prairies' snowstorm leads to risk discount

Compared to last week, western Canadian yearling prices were steady to $2 lower; calves traded $2-$4 below week-ago levels. Saskatchewan and Manitoba experienced their first major snowstorm of the season last week. The market tends to incorporate a risk discount for adverse weather as buyers factor in higher death loss. Also, major feedlot operators believe […] Read more