CBOT September 2022 wheat (candlesticks) with 20-day moving average (minty green line), MGEX September 2022 spring wheat (yellow line) and K.C. September 2022 hard red wheat (orange line). (Barchart)

U.S. grains: Wheat surges to one-week high on easing recession fears

Corn, soy futures also touch one-week high

Chicago | Reuters — Chicago Board of Trade wheat futures soared 6.6 per cent on Friday, extending a rebound from four-month lows this week on easing fears of a global recession and signs of renewed importer demand, analysts said. Corn also rose to move up from a seven-month low touched this week, and soybeans continued […] Read more


CBOT September 2022 wheat (candlesticks) with 50- and 100-day moving averages (black and dark green lines), MGEX September 2022 spring wheat (yellow line) and K.C. September 2022 hard red wheat (orange line). (Barchart)

U.S. grains: Wheat rebounds four per cent as recession jitters abate

Corn, soybeans up two per cent after also hitting multi-month lows

Chicago | Reuters — Chicago Board of Trade wheat futures surged four per cent on Thursday, recovering from a 4-1/2-month low a day earlier, as recession fears in financial markets eased. Soybean futures climbed three per cent and corn rose two per cent in their own moves away from multi-month lows touched in the previous […] Read more



CBOT December 2022 corn (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. grains: Corn, soy futures up off multi-month lows

Chicago wheat settles lower

Chicago | Reuters — Chicago Board of Trade corn and soybean futures rebounded on Wednesday after tumbling to multi-month lows as fears about a global recession fueled liquidation in commodity markets, analysts said. Bargain buying helped support prices following recent sell-offs by funds that were seen as overdone, analysts said. Traders remain uncertain about the […] Read more

Corn seedlings in southern Ontario in 2021. (Farmtario photo by John Greig)

StatCan trims Canadian corn, soy acreage estimates

Grain corn acreage still expected up from 2021 level

New Statistics Canada projections show the country’s grain corn and soybean growers have slightly curbed their enthusiasm for those crops compared to their intentions earlier in the year. StatCan on Tuesday released the results of its 2022 June field crop survey, conducted between May 13 and June 12, projecting Canadian corn area at 3.633 million […] Read more


CBOT December 2022 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)

U.S. grains: Futures fall on recession fears, Midwest rains

U.S. crop ratings lower than trade expected

Chicago | Reuters — U.S. corn, soybean and wheat futures fell to multi-month lows on Tuesday, joining a broad sell-off in crude oil and equity markets tied to fears of a global economic recession and waning demand for commodities, analysts said. Beneficial rains in portions of the U.S. Midwest over the Independence Day weekend bolstered […] Read more




CME July 2022 wheat (candlesticks) with 20- and 50-day moving averages (green and black lines), MGEX July 2022 spring wheat (yellow line) and K.C. July 2022 hard red wheat (orange line). (Barchart)

U.S. grains: Wheat falls on harvest pressure, firmer U.S. dollar

Hot Midwest spell raises early concerns about corn, soy yields

Indianapolis | Reuters — Chicago wheat futures fell on Friday, erasing gains earlier in the week as harvest pressure weighs and a firmer dollar limits export business, traders said. Corn inched higher, finding a fresh one-month high, supported by hot weather in the U.S. Midwest that could threaten crops, while soybeans traded near even heading […] Read more