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Pinto beans. (Vergani_Fotografia/iStock/Getty Images)
Crops, Pulses, Weather

Pulse weekly outlook: Manitoba crops emerge despite dry soils

Beans 'tougher than people think'

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MarketsFarm — While Manitoba continues to deal with drought conditions in many growing areas, planting of pulses and soybeans is near done and some pulses are starting to emerge. “Pea and fava bean seeding wrapped up a while ago,” said Cassandra Tkachuk, production specialist for Manitoba Pulse and Soybean Growers (MPSG). “Dry bean planting actually […] Read more
CBOT July 2021 soybeans (candlesticks) with 20-day moving average (dark green line) and ICE July 2021 canola (yellow line). (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Midwest forecast supports gains in soy, corn

CBOT wheat up, MGEX wheat down

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Chicago | Reuters — U.S. corn and soybean futures rose on Tuesday after a government report showed that the condition of crops was worse than expected as a heat wave hit the U.S. Midwest. “Yesterday’s Crop Progress report provided plenty of fodder for the bulls,” Matt Zeller, director of market information at StoneX, said in […] Read more
CBOT July 2021 corn (candlesticks) with CBOT July 2021 wheat (yellow line) and MGEX July 2021 spring wheat (orange line). (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Corn, soybeans mixed as traders eye weather

MGEX wheat down off highs on Prairie rains

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Chicago | Reuters — U.S. corn and soybean futures ended mixed on Monday, with old-crop contracts easing on some profit taking while new-crop contracts rose on concerns that hot and dry conditions in key growing areas of the U.S. Midwest could threaten crops as they pass through key stages of development, traders said. “Forecasters expect […] Read more
CBOT July 2021 corn with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Weather risk adds premium to corn, soy, wheat

Brazil drought set to cut corn crop, hamper river logistics

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Chicago | Reuters — Chicago corn, soybean and wheat futures gained on Friday as hot, dry conditions in parts of the U.S. Midwest threatened yield potential at a time of tight global supply. The most-active corn contract on the Chicago Board of Trade (CBOT) ended 20-3/4 cents higher at $6.82-3/4 per bushel, gaining four per […] Read more
CBOT July 2021 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, gold, green lines). (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans, corn ease on inflation fears

Stronger U.S. dollar also pressures prices

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Chicago | Reuters — Chicago soybean and corn futures eased on Thursday, pressured by a firming dollar and fears of food price inflation, though concerns of hot, dry weather in growing areas offered support, traders said. The most-active soybean contract on the Chicago Board of Trade fell 13-1/4 cents to $15.49-1/4 per bushel, while new-crop […] Read more
(ChrisBoswell/iStock/Getty Images)
Crops, Markets, Weather

CBOT weekly outlook: Higher spring wheat all about dry North Dakota

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MarketsFarm — As heat and dryness prevail across North Dakota, prices for Minneapolis (MGEX) spring wheat will continue to rise, according to broker Ryan Ettner of Allendale Inc. at McHenry, Ill. Ettner pointed to the weekly crop progress report from the U.S. Department of Agriculture that showed the condition of spring wheat in North Dakota […] Read more
CBOT July 2021 corn (candlesticks) with CBOT July 2021 wheat, K.C. July 2021 wheat and MGEX July 2021 spring wheat (yellow, orange and green lines respectively). (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Corn futures drop on crop ratings

Soy rises, wheat mixed

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Chicago | Reuters — Chicago Board of Trade corn futures dropped 2.8 per cent on Wednesday, pressured by a government report that showed the condition of the U.S. crop was better than expected, traders said. Wheat futures were mixed, with contracts that track U.S. winter wheat falling while spring wheat rallied to a four-year high […] Read more
CBOT July 2021 corn (candlesticks) with MGEX July 2021 spring wheat (orange open/high/low/close). (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Hot, dry weather view sparks rallies

Corn, soybeans, wheats up

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Chicago | Reuters — U.S. corn, soybean and wheat futures rallied on Tuesday, supported by concerns that crops will face stress from adverse weather during the next few weeks. “The grains exploded out of the gates last night and remain double-digits higher… as forecasts turn hot and dry through mid-month,” Arlan Suderman, chief commodities economist […] Read more
CBOT July 2021 corn (candlesticks) with MGEX July 2021 spring wheat (orange open/high/low/close) and CBOT July 2021 wheat (green OHLC). (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn eases after volatile week

Wheat, soybeans also ease after tracking corn rally

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Chicago | Reuters — Chicago corn eased on Friday, after a strong rebound a day earlier as the market weighed up strong Chinese demand against U.S. growing conditions. Wheat and soybeans also edged lower, though spring wheat futures on the Minneapolis Grain Exchange (MGEX) climbed as a cold front hitting much of the U.S. Midwest […] Read more

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