CBOT November 2021 soybeans (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. grains: Soybeans firm, fail to erase earlier losses

Wheat around seven-week low as world supply concerns ease

Chicago | Reuters — Chicago soybean futures firmed on Friday, following the U.S. Agriculture Department’s monthly supply and demand report showing a drop in harvested U.S. acres, though much of the reports findings had been anticipated by earlier trading. Corn traded near even, while wheat edged lower after touching a new seven-week low, pressured by […] Read more


CBOT December 2021 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)

U.S. grains: Corn, soybean, wheat fall ahead of USDA report

StatsCan stocks report dragged on wheat

Chicago | Reuters — U.S. corn futures fell to their lowest in 7-1/2 months on Thursday, under pressure from expectations that the U.S. government will raise its domestic production forecast, traders said. Wheat futures sank 2.4 per cent to their lowest in more than a month on follow-through technical selling after a Canadian report on […] Read more

The USDA building in Washington, D.C. (Art Wager/iStock/Getty Images)

CBOT weekly outlook: ‘Tricky’ USDA report due Friday

MarketsFarm — With the U.S. Department of Agriculture (USDA) set to issue its monthly supply and demand estimates (WASDE) on Friday, a broker said it will be a “tricky report.” That’s because of the impact Hurricane Ida had on the U.S. transportation system, according to Scott Capinegro of Barrington Commodities at Barrington, Ill. In particular, […] Read more


MGEX December 2021 spring wheat (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. grains: Wheat futures fall, soybeans rise, corn flat

Chicago | Reuters — U.S. wheat futures fell on Wednesday, dragged lower by a firmer dollar that threatened to make U.S. supplies less competitive on the export market, traders said. Corn futures steadied after sinking to their lowest in two months early in the day, with bearish harvest expectations limiting any rally attempts. “Corn recovered […] Read more

CBOT December 2021 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)

U.S. grains: Corn, soy, wheat slide on stronger U.S. dollar, export concerns

Market awaits USDA crop forecasts ahead of corn, soy harvests

Chicago | Reuters — Chicago corn, soybean and wheat futures slipped Tuesday as a stronger dollar, export concerns and early U.S. harvest activity weighed on the complex ahead of the U.S. Agriculture Department’s monthly supply and demand report, due out Friday. Analysts anticipate USDA’s Sept. 10 outlook to increase estimates of U.S. corn and soybean […] Read more


CBOT November 2021 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)

U.S. grains: Soybeans, corn, wheat end firmer on bargain buying

Markets up off fall from Ida damage

Chicago | Reuters — U.S. soybean futures firmed on Thursday on bargain buying after a six-session slide and better-than-expected weekly export sales data, analysts said. Corn and wheat futures also edged higher, consolidating after recent declines. Chicago Board of Trade November soybeans settled up 5-1/2 cents at $12.83-1/4 per bushel, bouncing a day after hitting […] Read more

CBOT December 2021 corn (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. grains: Corn, soy fall as Midwest rains benefit crops

Tight global wheat supplies could boost U.S. exports

Chicago | Reuters — U.S. corn and soybean futures ended lower on Thursday, as beneficial rainfall across the U.S. Midwest added pressure to soybean markets, while export sales capped losses. Wheat found technical support, underpinned by tight global supply concerns. Chicago Board of Trade most-active corn fell one cent to $5.50-3/4 a bushel, while nearby […] Read more


CBOT December 2021 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)

U.S. grains: Corn climbs on weaker crop conditions

Soybeans mixed, wheat eases

Chicago | Reuters — Chicago corn futures climbed on Wednesday for a second day after the U.S. Department of Agriculture cut crop ratings on Monday afternoon, though beneficial rainfall across parts of the upper U.S. Midwest limited gains. Soybeans ended higher after the market made its biggest daily gain since late June on Tuesday, with […] Read more

CBOT November 2021 soybeans (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. grains: Soybeans rally as crop conditions drop, soyoil prices rise

Hot weather forecast for heart of Midwest farm belt

Chicago | Reuters — U.S. soybean futures rallied on Tuesday on eroding Midwest crop conditions and improving export demand, and as soyoil prices rose another three per cent amid further gains in crude oil markets. Corn futures also climbed on deteriorating crop conditions across the heart of the farm belt. Wheat ended lower, though spillover […] Read more