Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)

U.S. grains: wheat firms on Russian port attack, India import prospects

Attack near grain hub heightens war risks to Black Sea trade

Chicago | Reuters – Chicago wheat climbed on Friday after a Ukrainian drone attack near a Russian Black Sea export hub, rekindling global supply fears while India raised demand expectations as it considers scrapping wheat tariffs. Soybeans climbed on stronger crude and vegetable oil markets, also on alert following the Black Sea disruptions. Corn followed […] Read more

Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)

U.S. grains: wheat falls after Ukraine port attack renews worries

Russian attack Wednesday underscored the risk of a further squeeze on Ukrainian exports

Chicago | Reuters – Chicago wheat slid for a sixth consecutive session on Wednesday, after sharp gains overnight as supply jitters caused by a Russian strike against a Ukrainian port were tempered by strong Russian exports and signs Moscow is open to reviving a Black Sea corridor deal. Soybeans dipped to one-month lows and corn […] Read more


ICE canola weekly outlook: Prices trending down ahead of harvest

ICE canola weekly outlook: Prices trending down ahead of harvest

Harvest pressure may not be that large this year says analyst

 MarketsFarm – ICE Futures canola contracts lost ground during the week ended Aug. 2, as spillover from outside markets and easing concerns over the state of the crop ahead of the harvest weighed on values. Excessive heat during the flowering period in June and July caused canola prices to climb higher, but the market is […] Read more

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CBOT weekly outlook: August forecasts pulling prices down 

Wheat prices went down during the week despite Russia’s withdrawal from Black Sea deal

MarketsFarm – Recent weather forecasts for much of the United States put pressure on grain prices on the Chicago Board of Trade (CBOT) during the week ended Aug. 2.  Cooler and wetter conditions are expected for the U.S. Midwest during the first half of August, which could help stabilize corn and soybean crops affected by […] Read more


(Thinkstock photo)

U.S. grains: Soybeans climb on export hopes; corn, wheat remain weak

Wheat slips again as Black Sea competition continues

Chicago | Reuters – Soybean futures on the Chicago Board of Trade ended higher on Tuesday after two-sided trade, as export demand optimism won out over forecasts for cooler, wetter weather that pressured markets. Chicago corn eased, pressured by expectations that timely rains in August would improve heat-stressed crops. Wheat fell for a fifth session […] Read more

Green lentils. (Savany/iStock/Getty Images)

Pulse weekly outlook: lentils poised to go either way pricewise 

Everything is dependent on the yields come harvest says analyst

MarketsFarm – Before the harvest of lentils gets underway across the Canadian Prairies, there has been some speculation as to which way prices could go, according to Levon Sargsyan of Johnston’s Grain.  “Of the two stories I’m getting, one is from farmers, and one is from buyers, and of course there’s bias,” Sargsyan commented.  “[The […] Read more


(Photo courtesy Canada Beef Inc.)

Klassen: U.S. feeder markets lead Canadian prices higher

Dry conditions in Saskatchewan and parts of Alberta are moving yearlings off grass sooner than expected

Compared to last week, Western Canadian yearling markets once again jumped $3-$5/cwt on average. Higher quality 900-pound steers are reaching up to the range of $310-$315/cwt. Comments from readers suggest that 850-900-pound steers are trading up to $315-$320/cwt. Calves in the 500-550-pound range are reaching just over the $400/cwt level. Dryer conditions in Saskatchewan and […] Read more

The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)

U.S. grains: corn, soy fall as US weather improves

Wheat dropped despite Black Sea supply concerns

Chicago | Reuters – Chicago soybeans and corn fell on Monday, pressured by expectations of cooler, wetter weather across the U.S. Midwest in August. Wheat also dropped, despite worries over Black Sea supplies, although no new major Russian attacks on Ukrainian grain infrastructure were reported over the weekend. Chicago Board of Trade most-active corn Cv1contract […] Read more


Photo: Getty Images

USDA June soybean crush seen at 175.5 million bushels

If estimate realized, would be smallest monthly crush since September

Chicago | Reuters – U.S. soy processors likely crushed 5.265 million short tons of soybeans, or 175.5 million bushels, in June, according to the average forecast of eight analysts surveyed by Reuters ahead of a monthly U.S. Department of Agriculture (USDA) report. If the estimate is realized, it would be down from the 189.3 million […] Read more

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U.S. grains: grain, soy futures drop on milder US weather, with eyes on Black Sea

Markets have retreated since touching multi-week highs on Monday

Chicago | Reuters – Chicago Board of Trade grain and soybean futures fell to their lowest prices in more than a week on Friday on hopes that U.S. crop weather will improve and Russia will ease its attacks on Ukraine’s grain facilities, analysts said. Technical selling added pressure to prices. Heading into August, the key […] Read more