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

U.S. grains: Soybean, grains futures drop as traders shed risk

Corn, soy harvests set to be smaller than expected

Chicago | Reuters — Chicago soybean and grain futures turned lower on Friday as improving growing weather led investors to anticipate that U.S. Midwest crop conditions will improve, traders said. Corn and soybean futures had a particularly choppy trading session as a flurry of bearish signs prompted investors to shed risks at the end of […] Read more

File photo of sunset over port facilities at Odesa. (Mixarde/iStock/Getty Images)

Ukraine announces ‘humanitarian corridor’ for other stuck ships

Moscow not yet commenting on plan

Kyiv | Reuters — Ukraine announced a “humanitarian corridor” in the Black Sea on Thursday to release cargo ships trapped in its ports since the outbreak of war, a new test of Russia’s de facto blockade since Moscow abandoned a deal last month to let Kyiv export grain. At least initially, the corridor would apply […] Read more


CBOT December 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)

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

CBOT soybeans end mixed

Chicago | Reuters — Chicago Board of Trade corn and wheat futures firmed on Thursday, with traders unwinding bearish bets ahead of a key U.S. government report on supply and demand on Friday. The soybean market was mixed, with thinly traded old-crop contracts easing and new-crop contracts firming as investors adjusted positions ahead of the […] Read more

An in-bin drying monitoring system

New approach to in-bin grain drying

Digital tool can take some of the worry out of harvesting tough grain

Ross Welford is a grain producer who farms 1,200 acres near Maymont, Sask. He always strives to harvest his cereal and canola crops at the best time to achieve optimal grain quality, but that’s not always possible due to weather. “There are times you pull into a field and start going with the combine and […] Read more


Agriculture and Agri-Food Canada’s Drought Monitor map at July 31, 2023. (AAFC)

Prairie Forecast: Cooler and unsettled

Issued Aug. 9, covering Aug. 9 to 16

First off, I must apologize for not producing an update to the last forecast; I had the opportunity to do some backwoods camping, which meant I was off the grid for about five days. I’m back now, and from the weather model runs I’ve been able to check out, this forecast period is going to […] Read more

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

U.S. grains: Soy futures rise, wheat drops

Traders adjust positions ahead of USDA report due Friday

Chicago | Reuters — Chicago Board of Trade soybean futures rose on Wednesday on improving U.S. export demand and as the market recovered from a one-month low reached in the previous session, analysts said. Corn and wheat futures declined. Exporters sold 251,000 metric tonnes of U.S. soy to China, the largest buyer of the oilseed, […] Read more


CBOT December 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Corn, soybean futures firm

Chicago wheat weak on demand view

Chicago | Reuters — U.S. soybean and corn futures edged higher on Tuesday, recovering from early weakness as investors covered short positions ahead of a key U.S. government crop outlook on Friday, traders said. Wheat futures dipped, with concerns about weak demand for U.S. supplies weighing on the market after Egypt booked another deal for […] Read more

Aerial view of Centerm, a Burrard Inlet terminal for containerized cargo at the Port of Vancouver. (Bloodua/iStock/Getty Images)

B.C. longshore workers ratify new deal

Minister pledges review of 'how disruption on this scale unfolded'

Longshore workers at British Columbia’s seaports have voted to accept the terms of a new four-year labour deal, ending five weeks of labour outages at Canada’s West Coast. Negotiators with the B.C. Maritime Employers Association (BCMEA) and International Labour and Warehouse Union (ILWU Canada), working with the Canada Industrial Relations Board (CIRB), reached a new […] Read more


Photo: Thinkstock

CBOT weekly outlook: August forecasts pulling prices down 

Wheat prices went down during the week despite Russia’s withdrawal from Black Sea deal

MarketsFarm – Recent weather forecasts for much of the United States put pressure on grain prices on the Chicago Board of Trade (CBOT) during the week ended Aug. 2.  Cooler and wetter conditions are expected for the U.S. Midwest during the first half of August, which could help stabilize corn and soybean crops affected by […] Read more

Mature winter wheat. (Allan Dawson photo)

Manitoba’s crops continue to hold up 

Hay yields generally below average; pasture conditions were deteriorating due to dryness

MarketsFarm – Timely rains in Manitoba have kept the province’s crops in relatively good shape, according to the latest crop report. Manitoba Agriculture said precipitation as of Aug. 1 amounted to as much as 73 millimeters around Zhoda in the southeast to 13 mm at The Pas in the north. Although several locales throughout the […] Read more