CBOT July 2023 soybeans with Bollinger bands (20,2). (Barchart)

U.S. grains: Chicago futures roil as U.S. debt ceiling talks halt

Wheat turns down, after technical bounce early in session

Chicago | Reuters — Chicago Board of Trade (CBOT) soybean futures slid sharply on technical trading on Friday, as investors rushed to liquidate their positions ahead of the weekend, traders said. The most-active soybean contract fell to the lowest prices seen since July — and several new-crop soybean contracts also plunged to new contract lows […] Read more

CBOT December 2023 corn with 20-day moving average (yellow line) and July 2023 corn (orange high/low/close). (Barchart)

U.S. grains: July corn down on poor exports, strong crop prospects

CBOT soybeans, wheat also down; new-crop December corn up off decline

Chicago | Reuters — Benchmark U.S. corn futures fell on Thursday to their lowest in 19 months, pressured by disappointing export data and prospects for big U.S. crops, analysts said. Soybean futures hit a 10-month low, and wheat futures slipped more than two per cent as an extension of a deal to allow war-ravaged Ukraine […] Read more


File photo of a storm cloud from the southwestern end of Lake Winnipeg at Matlock, Man. (IanChrisGraham/iStock/Getty Images Plus)

More than half of world’s large lakes drying up, study finds

Gains in Great Lakes, Lake Winnipeg come from runoff, rainfall

London | Reuters — More than half of the world’s large lakes and reservoirs have shrunk since the early 1990s, chiefly because of climate change, intensifying concerns about water for agriculture, hydropower and human consumption, a study published on Thursday found. A team of international researchers reported that some of the world’s most important freshwater […] Read more



Smoke from active wildfires in Alberta’s north and west hangs over Calgary on May 16, 2023. (Photo: Reuters/Leah Hennel)

No respite expected for wildfire-hit Alberta

Forecasts call for fire conditions to worsen

Ottawa | Reuters — Abnormally hot and dry weather is set to return to Alberta on Thursday after a couple of cooler days helped calm wildfires that have forced thousands of evacuations in the province. Record-high temperatures and tinder-dry vegetation have led to an intense, early start to wildfire season in Western Canada this year. […] Read more

CBOT July 2023 corn with 20-day moving average (yellow line) and December 2023 corn (orange high/low/close). (Barchart)

U.S. grains: Corn hits 18-month low on crop prospects

Chicago wheat tumbles on Ukraine deal

Chicago | Reuters — Benchmark U.S. corn futures fell to an 18-month low on Wednesday on news that China cancelled purchases of U.S. corn, and as favourable early-season crop weather bolstered projections for bumper U.S. harvests this year, analysts said. Wheat futures tumbled 3.4 per cent after the Black Sea grain deal, allowing for the […] Read more



Liberia-flagged bulker K Sukret, carrying grain under the Black Sea Grain Initiative, waits for inspection in the southern anchorage of Istanbul on May 17, 2023. (Photo: Reuters/Mehmet Emin Caliskan)

Black Sea grain deal extended for two months

Agreement has helped to tackle global food crisis

Ankara/United Nations | Reuters — The Ukraine Black Sea grain deal has been extended for two more months, one day before Russia could have quit the pact over obstacles to its grain and fertilizer exports. Turkish President Tayyip Erdogan announced the extension in a televised speech and it was confirmed by Russia and Ukraine. The […] Read more


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

U.S. grains: Soy, corn tumble on improving crop prospects, export competition

Chicago wheat futures follow downtrend

Chicago | Reuters — U.S. spot soybean futures fell 2.6 per cent on Tuesday to multi-month lows and corn futures slipped nearly two per cent, pressured by decent U.S. Midwest crop weather and strong competition for global export business, traders said. Wheat followed the lower trend. Chicago Board of Trade July soybeans settled down 36-3/4 […] Read more

A vessel is seen arriving at Odesa in southern Ukraine under the Black Sea Grain Initiative on April 12, 2023. (Photo: Yulii Zozulia/Nurphoto via Reuters Connect)

Loss of Black Sea grain deal not seen as threat to global supplies, for now

Alternate routes exist but would be more expensive

Geneva | Reuters — The end of the Black Sea grain deal would not pose an immediate threat to the world market as Ukraine would still be able to export supplies, although at such a high cost that production in the war-torn country would likely fall even further. Turkey, Ukraine, Russia and the United Nations […] Read more