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

U.S. grains: Chicago corn turns higher

CBOT soy, wheat fall on long liquidation

Mexico City | Reuters — Chicago corn futures turned higher Wednesday, and wheat and soy closed down, as technical trading and investor unease about the economy roiled agricultural commodity markets. Investors scrambled to liquidate long positions, traders said, even before the Federal Reserve raised interest rates by a quarter of a percentage point and indicated […] Read more

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

U.S. grains: Chicago soy closes lower

Brazil production, Fed in focus for soy; wheat, corn still capped by Black Sea deal extension

Reuters — Chicago soy futures reversed gains to close lower on Tuesday, pushed down by rising estimates of Brazilian production, while corn and wheat dipped as markets kept a cautious eye on an expected Federal Reserve rate hike. Wheat and corn continue to be capped by the extension of a Black Sea export corridor from […] Read more


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

U.S. livestock: CME lean hogs hit contract lows on follow-through selling

Cattle futures edge upward

Chicago | Reuters –– Chicago Mercantile Exchange lean hog futures dropped to contract lows on Tuesday on follow-through and technical selling after recent slides, traders said. Front-month April lean hogs settled down 0.725 cent at 77.05 cents/lb. after hitting a contract low at 77 cents (all figures US$). The contract has lost 12 per cent […] Read more

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

U.S. livestock: June live cattle, hogs continue lower

Feeder cattle also down on day

Chicago Mercantile Exchange’s most-active June live cattle and lean hog contracts continued on a downward track in Monday’s trade. June live cattle closed Monday at $155.525, beneath the lower end of its 20-day Bollinger range and down 87.5 cents from Friday’s close (all figures US$ per hundredweight). Front-month April, meanwhile, opened near its 50-day moving […] Read more


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

U.S. grains: Soy closes higher on rising crude oil, stocks values

Ukraine Black Sea grain deal extended for at least 60 days

Mexico City | Reuters — Chicago Board of Trade soy futures rallied from a three-month low to close higher on Monday, catching a tailwind from U.S. stocks reassured by the announcement that UBS agreed to buy battered rival Credit Suisse, analysts said. Gains in oil prices also pushed up soybeans, which are used in ethanol […] Read more

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

U.S. grains: Chicago grains end week higher on export demand, Black Sea jitters

Soy pushed down for fifth consecutive week

Chicago | Reuters — Chicago wheat and corn futures posted weekly gains for the first time in five weeks, ending stronger on Friday on high demand for U.S. corn exports and market jitters over the extension of a wartime Black Sea grain deal. Chicago Board of Trade May soft red winter wheat settled up 11-1/2 […] Read more


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

U.S. livestock: Nearby CME lean hogs recover slightly from slide

April cattle futures lower; U.S. cattle on feed in line with expectations

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures ended slightly higher in the nearby contract on Friday in a rebound from steep declines this week, though deferred contracts extended losses, traders said. Lower cutout values continue to hang over the futures market, along with broader pressure from market turmoil in the banking sector, […] Read more

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

U.S. livestock: Hogs limit down on disease chatter

Chicago cattle futures close higher

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures sank by the maximum daily trading limit on Thursday on rumours about a potential outbreak of a fatal pig disease which the U.S. government later said were untrue. Unsubstantiated chatter about a U.S. case of African swine fever swirled in the market, but the U.S. […] Read more


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

U.S. grains: Chicago corn closes higher on consecutive China flash sales

Argentina slashes estimate for 2022-23 harvesting season

Chicago | Reuters — Chicago corn futures ended higher for a third straight session on Thursday on U.S. export demand, while wheat lost ground as the United Nations pushed for an extension of the Black Sea grains deal, analysts said. The U.S. Department of Agriculture made its third consecutive announcement of old-crop U.S. corn sales […] Read more

ICE May 2023 canola with 20-, 50- and 100-day moving averages. (Barchart)

ICE weekly outlook: No floor in sight for overdone canola

'A lot of money playing around in canola right now'

MarketsFarm — The ICE Futures canola market was in freefall mode through the first half of March, hitting its weakest levels in over a year. While the losses may be looking overdone, the bottom remains to be seen. “This has been a brutal drop in canola,” said Bruce Burnett, director of markets and weather with […] Read more