File photo of a soybean plantation in Brazil. (Mailson Pignata/iStock/Getty Images)

Cordonnier stands pat on South American crop projections

La Nina 'is still out there,' analyst says

MarketsFarm — At this point in the South American planting season it’s too early to get an accurate bead as to how much corn and soybeans will be grown in Brazil and Argentina, according to Dr. Michael Cordonnier of Soybean and Corn Advisor Inc. at Hinsdale, Ill. Cordonnier recently issued his latest estimates, keeping his […] Read more

CBOT December 2022 corn with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Chicago futures slide on profit taking, slumping dollar

Wheat slips following USDA report

Chicago | Reuters — Chicago corn, wheat and soybean futures all fell on Thursday as investors across the board sought to take profits amid global supply questions, even as the U.S. dollar tumbled on news that U.S consumer prices rose less than expected in October, traders said. The monthly U.S. inflation reading is being closely […] Read more


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CBOT weekly outlook: Rising U.S. corn, soy yields ‘a little surprising’

'Somehow the USDA found higher yields'

MarketsFarm — Updated estimates in the U.S. Department of Agriculture’s monthly supply/demand report, released Wednesday, saw larger than expected increases to soybean and corn yield estimates in the country. However, that data did little to move the markets, with the commodities likely stuck in a sideways range for the time being, according to a trader. […] Read more

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

U.S. grains: Wheat drops as USDA raises global supply view

USDA lifts U.S. corn, soy yield views; stocks still tight

Chicago | Reuters — U.S. wheat futures fell on Wednesday after the U.S. Department of Agriculture (USDA) unexpectedly raised its global supply outlook in a monthly report, citing larger crops in Australia, the U.K. and Kazakhstan that offset lower Argentine and EU production. A firmer U.S. dollar also weighed on wheat, along with optimism about […] Read more


CBOT December 2022 soft red winter wheat with Bollinger bands (20,2). (Barchart)

U.S. grains: Wheat, corn, soy ease as traders await crop data

Wheat traders eye Black Sea supplies

Chicago | Reuters — U.S. grain and soybean futures on Tuesday eased on long liquidation ahead of the release of widely followed government crop forecasts on Wednesday, analysts said. The wheat market also grappled with Black Sea supply prospects as Ukraine sought to expand a grain deal allowing exports from Black Sea ports. The most-active […] Read more

CBOT January 2023 soybeans (candlesticks) with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Soybeans, corn sag on worries about China demand

Upcoming USDA data in focus

Chicago | Reuters — U.S. soybean futures dropped on Monday, retreating from a six-week high, pressured by fears about export demand after top buyer China denied it was considering easing its stringent zero-COVID policy. Traders were also adjusting positions ahead of monthly supply-and-demand reports due at mid-week from the U.S. Department of Agriculture (USDA). Wheat […] Read more


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U.S. grains: Corn futures end down as U.S. export sales disappoint traders

Chicago | Reuters – U.S. corn futures slumped on poor export demand on Thursday, analysts said, while wheat futures also declined. Traders were disappointed as the U.S. Department of Agriculture (USDA) reported weekly U.S. corn export sales of 264,000 tonnes in the week ended Oct. 20. That was below the low end of analysts’ estimates that ranged […] Read more

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CBOT weekly outlook: October USDA report delivers few major changes

Soy could see 'a few more days' higher

MarketsFarm — For the most part, the latest monthly supply and demand report from the U.S. Department of Agriculture provided little in terms of major changes from its September report. USDA issued its October world agriculture supply and demand estimates (WASDE) during the late morning Wednesday, with much of the data fairly close to market […] Read more


CBOT December 2022 soft red winter wheat (candlesticks) with MGEX December 2022 hard red spring wheat (green open/high/low/close) and K.C. December 2022 hard red winter wheat (orange O/H/L/C). (Barchart)

CBOT weekly outlook: Tightening stocks underpin U.S. wheat, corn

USDA's soybean data seen as bearish

MarketsFarm — Tighter-than-expected quarterly wheat and corn stocks in last Friday’s report from the U.S. Department of Agriculture provided the biggest influence on the futures markets over the past week, with larger soybean stocks putting some nearby pressure on that market. Corn stocks in the U.S., as of Sept. 1, came in at 1.377 billion […] Read more

CBOT November 2022 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)

U.S. grains: Soy sags on recession fears, firm dollar

Corn inches higher, wheat down on day

Chicago | Reuters — U.S. soybean futures ended down about one per cent on Wednesday on macroeconomic worries as the dollar bounced and brokers awaited more information on the size of the U.S. harvest, analysts said. Wheat futures closed lower after a choppy session but corn eked out a higher close as traders awaited fresh […] Read more