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

U.S. grains: Futures firm ahead of USDA crop data

Wheat up on technicals, short covering; corn mixed, soybeans firm on Argentine drought concerns

Chicago | Reuters — U.S. wheat futures firmed on Wednesday as a drop to 15-month lows in the previous session sparked technical buying and short covering, and as traders took positions ahead of key U.S. government crop reports, traders said. Corn was mixed and soybeans edged higher, underpinned by concerns about weather-reduced crops in South […] Read more

CBOT March 2023 corn with 20-, 30- and 50-day moving averages. (Barchart)

U.S. grains: Corn up off three-week lows on technicals, Argentine drought

Wheat sinks to 15-month low on weak U.S. exports; soybeans also down

Chicago | Reuters — U.S. corn futures ended mixed on Tuesday after a technical and bargain-buying bounce from three-week lows faded as dull demand for U.S. exports overshadowed concerns about Argentina’s drought-reduced harvest. Soybeans ended mostly lower while wheat fell to its lowest in 15 months on good global supplies and weak demand for U.S. […] Read more


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

U.S. grains: Corn, soy, wheat end lower as market awaits USDA reports

Grain trade also monitoring Brazil

Chicago | Reuters — U.S. corn futures fell on Monday for the sixth time in seven sessions and wheat and soybeans finished mostly lower, as investors weighed weather-reduced production in some areas of South America against tepid demand for U.S. supplies. Wheat futures also retreated as late-session technical selling eroded earlier support from a weaker […] Read more

CBOT March 2023 soft red winter wheat with Bollinger bands (20,2). (Barchart)

U.S. grains: Wheat posts biggest weekly loss in six months

Soybeans, soymeal rally on Argentina drought

Chicago | Reuters — Chicago Board of Trade wheat futures weakened on Friday and posted their biggest weekly decline in six months as ample supplies from the Black Sea region weighed on prices, analysts said. Soybean and soymeal futures rallied amid increasing concerns about drought hurting crops in Argentina, the world’s leading exporter of processed […] Read more


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

U.S. grains: Wheat up off nearly four-week low

Corn, soy futures set two-week lows

Chicago | Reuters — Chicago Board of Trade wheat futures turned higher on short-covering and bargain buying on Thursday after dropping to their lowest price in almost four weeks, analysts said. Corn and soybeans set two-week lows as concerns about demand and economic headwinds, including the impact of surging COVID-19 cases in China, continued to […] Read more

File photo of the facade of the U.S. Department of Agriculture building in Washington, D.C. (Camrocker/iStock/Getty Images)

CBOT weekly outlook: USDA ‘data dump’ due next week

'Minor changes' expected for corn, soy

MarketsFarm — A flurry of reports is coming from the U.S. Department of Agriculture (USDA) on Jan. 12, including its monthly supply and demand estimates, quarterly grains stocks report and winter wheat planting report, among others. Futures International analyst Terry Reilly said the multitude of the reports coming out that Thursday will essentially be a […] Read more


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

U.S. grains: Wheat, corn futures hit two-week lows on demand concerns

Wheat futures curbed by cheaper Black Sea supplies; U.S. Plains wheat ratings dip in Kansas

Chicago | Reuters — U.S. wheat and corn futures set two-week lows on Wednesday as concerns about weakening demand hung over commodity markets. Investor worries about economic headwinds, including the impact of a surge of COVID-19 cases in China, were encouraging selling in commodities, analysts said. Chart-based selling also weighed on the grain markets, they […] Read more

(Greg Berg photo)

Pulse weekly outlook: 2022 a ‘good year’ for Manitoba pulses, soy

MarketsFarm — Despite a rough start to southern Manitoba’s growing season, Manitoba Pulse and Soybean Growers executive director Daryl Domitruk was content with how 2022 came to pass. “For pulses and soybeans, it was generally a good year as a result of some very good yields in soybeans and some quite good yields in dry […] Read more


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

U.S. grains: Wheat, corn, soybeans sag as traders reduce risk in new year

Stronger U.S. dollar pressures grain futures

Chicago | Reuters — Chicago Board of Trade (CBOT) grain and soybean futures closed lower on Tuesday as the dollar rallied and broad-based selling hit a range of markets, analysts said. Oil prices also tumbled, pressured by a gloomy economic outlook, while U.S. stocks struggled. Gains in the dollar made U.S. commodities, including farm products, […] Read more

CBOT March 2023 soybeans (candlesticks, right column) with 100-day moving average (black line) and CBOT March 2023 soybean meal (yellow line, left column). (Barchart)

U.S. grains: Soybeans post fourth straight annual gain on supply concerns

Weather concerns, farmer selling give wheat, corn prices a boost

Chicago | Reuters — Chicago soybeans rose on Friday and posted a sharp yearly rise, amid strong export demand and as drought in major exporter Argentina keeping the focus on supply tensions in the oilseed market. Concerns over drought in Argentina, the world’s largest exporter of soyoil and soymeal, and strong export demand drove Chicago […] Read more