CBOT May 2020 corn with Bollinger (20,2) bands. (Barchart)

U.S. grains: Corn slumps as ethanol production hits decade low

Improved U.S. wheat crop ratings raise expectations of bumper supplies

Chicago | Reuters — Chicago corn futures slumped on Wednesday, giving up part of the previous session’s gains, as the U.S. government reported the U.S. ethanol industry saw a near-decade low in weekly production amid massive stocks. Wheat futures followed in mid-day trading, as investors squared up their positions ahead of Thursday’s world agriculture supply […] Read more

CBOT May 2020 corn with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Corn rally sputters, wheat slides on growing conditions

Soybeans up, eyes on South American crop

Chicago | Reuters — A rally in Chicago corn futures on Tuesday that was buoyed by a run-up in the energy market sputtered by day’s end as crude oil prices slipped. May corn futures climbed nearly two per cent in mid-day trading, but cut gains in half as crude oil prices closed down for a […] Read more


CBOT May 2020 wheat with Bollinger (20,2) bands. (Barchart)

U.S. grains: Wheat firms after four-day slide

Corn hits 3-1/2-year low

Chicago | Reuters — U.S. wheat futures rose on Friday, bouncing after a four-day slide, as traders weighed the threat of a deep economic downturn due to the coronavirus epidemic against supply tensions in some exporting countries. Corn extended a six-day drop, with May futures hitting the lowest for a most-active contract since September 2016, […] Read more

CBOT May 2020 wheat with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Wheat tumbles on weak export sales, recession fears

Corn, soybeans rise on crude oil rally, but end mixed

Chicago | Reuters — U.S. wheat futures fell for a fourth straight session on Thursday, extending prior-day losses that were the worst in 7-1/2 months as weak U.S. export sales data stoked concerns about the coronavirus pandemic destroying demand. Soybeans and corn ended mixed as early short-covering and spillover support from sharply higher crude oil […] Read more


CBOT May 2020 wheat with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Wheat posts steepest drop since August

Soy drop biggest in 2-1/2 weeks; corn extends losses on big supply, weak ethanol demand

Chicago | Reuters — U.S. wheat prices fell more than three per cent on Wednesday as coronavirus fears dragged down equities markets and lifted the dollar, sending Chicago wheat futures to their steepest decline in 7-1/2 months. Soybeans fell more than two per cent, the most in 2-1/2 weeks, and most corn contracts posted fresh […] Read more

New-crop CBOT December 2020 corn with Bollinger (20,2) bands. (Barchart)

U.S. grains: Corn drops after USDA pegs plantings above expectations

USDA forecasts largest U.S. corn acres in eight years

Chicago | Reuters — U.S. corn futures settled lower on Tuesday after the U.S. Department of Agriculture (USDA) forecast 2020 plantings at the largest in eight years, well above trade expectations, while soybeans firmed on a lower-than-anticipated acreage outlook. A tighter-than-expected USDA quarterly corn stocks estimate limited losses, but most contracts notched life-of-contract lows after […] Read more


CBOT May 2020 corn with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Corn slumps as ethanol makers feel coronavirus constraints

Market awaits USDA plantings, quarterly stocks data

Chicago | Reuters — U.S. corn futures fell more than one per cent on Monday on slowing grain demand from ethanol makers, as tightening coronavirus pandemic travel restrictions limited demand for the biofuel. Soybeans ended mixed, with nearby contracts lifted by firm soymeal prices and concerns coronavirus restrictions may impede South American soy shipments. Wheat […] Read more

Bulk wheat being loaded on a ship in a Russian port. (YGrek/iStock/Getty Images)

Global grain production to increase, IGC predicts

MarketsFarm — The International Grains Council (IGC) issued projections Thursday calling for a slight increase in total global grain production for the current marketing year and for 2020-21. The U.K.-based council forecast world production at 2.175 billion tonnes, which would be an increase of three million tonnes from its February report. The IGC said that’s […] Read more


CBOT May 2020 wheat with Bollinger (20,2) bands. (Barchart)

U.S. grains: Wheat firm on Russia export quota plan

Chicago corn ends lower

Chicago | Reuters — U.S. wheat futures rose on Friday on optimism about export prospects as a Russian plan to cap grain exports for the rest of the season shifted attention back to potential supply tensions during the coronavirus pandemic. However, futures pared gains on profit-taking ahead of the weekend and worries that the rally […] Read more

CBOT May 2020 wheat with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Wheat retreats from two-month peak

Corn rallies to end firm

Chicago | Reuters — U.S. wheat futures fell on Thursday, retreating from a two-month high set the previous session, as traders booked profits and awaited developments in the coronavirus crisis that had sparked the recent run-up in wheat markets. Soybean futures also declined but corn rallied late in the session to eke out a modest […] Read more