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

Larger spring wheat crop expected in U.S.

USDA expects reduced total worldwide wheat crop

MarketsFarm — Early indications point to a much larger spring wheat crop in the United States in 2022 compared to the drought-stricken 2021 crop despite the late seeding, according to the latest production estimates from the U.S. Department of Agriculture. In USDA’s first official production estimates of the growing season breaking out the different wheat […] Read more

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

U.S. grains: Futures plunge after USDA raises supply outlook, trims some demand

Larger corn, soybean supplies in forecast

Chicago | Reuters — U.S. grain and soybean futures fell sharply on Tuesday after the U.S. Department of Agriculture (USDA) boosted key crop supply forecasts and scaled back some demand expectations in a monthly report. Benchmark corn, soy and wheat futures all retreated back to pre-Ukraine war levels as soaring costs since Russia’s invasion and […] Read more


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

U.S. grains: Soy, corn firm on weather worries

CBOT wheat drops; grain traders also positioning ahead of Tuesday's USDA report

Chicago | Reuters — U.S. corn and soybean futures climbed on Monday on forecasts for hot, dry conditions across the Midwest farm belt as well as technical buying and positioning ahead of Tuesday’s monthly U.S. Department of Agriculture (USDA) supply-and-demand reports. The market eased from overnight highs, however, as updated weather models appeared slightly less […] Read more



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