CBOT July 2022 soybeans (candlesticks) with 20- and 50-day moving averages (yellow and green lines). (Barchart)

U.S. grains: Soybeans drop to three-week lows

Wheat futures hit lowest since April 8; corn drops to one-week low

Chicago | Reuters — Chicago soybean futures dropped to a more than three-week low on Monday, pressured by falling crude oil markets and delayed U.S. corn planting that some analysts think could push farmers to plant more soybeans. Corn fell ahead of the U.S. Department of Agriculture’s weekly planting progress report on Monday afternoon, showing […] Read more






CBOT July 2022 soyoil (candlesticks, right column) with July 2022 soybeans (yellow line, left column). (Barchart)

U.S. grains: Soyoil futures rally to record high

Corn hits highest since August 2012

Chicago | Reuters — U.S. soyoil futures surged to a record high on Wednesday after Indonesia broadened its export ban on raw materials for cooking oil to fight food inflation, traders said. “The move dramatically tightens an already tight global supply of edible oils that saw global prices surge when the Russian invasion of Ukraine […] Read more



CBOT July 2022 corn (candlesticks) with 20- and 100-day moving averages (yellow and dark green lines) and December 2022 corn (orange line). (Barchart)

U.S. grains: CBOT corn, wheat up on concerns about U.S. crops

Chicago soybean futures fall

Chicago | Reuters — U.S. wheat and corn futures rose on Tuesday, supported by concerns that adverse weather in key production areas would limit the size of harvests this year, traders said. Soybean futures eased as Brazil’s Anec raised its outlook for the country’s export forecast for the oilseed. Losses were kept in check by […] Read more

File photo of lentils being moved into bins in Saskatchewan. (Bobloblaw/iStock/Getty Images)

Pulse weekly outlook: Lentil acres likely up in 2022

Other pulses likely down, though

MarketsFarm — Statistics Canada released its first survey-based crop acreage estimates of 2022 on Tuesday, reporting that while more lentil acres may be planted this spring, other pulses are expected to have their seeded area shrink. The national data agency projected 4.49 million acres of lentils will be planted in Canada this year, a 4.2 […] Read more



ICE July 2022 canola (candlesticks) with 20-, 50- and 100-day moving averages (yellow, dark green and black lines) and November 2022 canola (purple line). (Barchart)

ICE weekly outlook: Trend remains pointed higher for canola

MarketsFarm — The ICE Futures canola market climbed to fresh contract highs once again during the week ended Wednesday, although profit-taking at those highs did slow the advances. While additional corrections are possible, both the underlying fundamentals and technical remain supportive. “This is the bull market of all time in canola,” said analyst Mike Jubinville […] Read more