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

U.S. grains: Chicago corn closes higher on consecutive China flash sales

Argentina slashes estimate for 2022-23 harvesting season

Chicago | Reuters — Chicago corn futures ended higher for a third straight session on Thursday on U.S. export demand, while wheat lost ground as the United Nations pushed for an extension of the Black Sea grains deal, analysts said. The U.S. Department of Agriculture made its third consecutive announcement of old-crop U.S. corn sales […] Read more



(File photo by Dave Bedard)

U.S. regulator approves CP’s purchase of Kansas City Southern

Two U.S. grain grower groups warn of reduced rail competition

Washington | Reuters — The Surface Transportation Board of the United States said on Wednesday it had approved Canadian Pacific Railway’s US$31 billion acquisition of railroad company Kansas City Southern, with a series of environmental and competition conditions. The board, which oversees U.S. freight railroads, is imposing some requirements on the deal, which was agreed […] Read more

CBOT May 2023 soft red winter wheat with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Chicago wheat, corn up on Chinese demand, Black Sea outlook

Soy dips on sharp fall in stock, oil markets pressure

Chicago | Reuters — Chicago wheat and corn futures closed higher on Wednesday on strong demand from China and uncertainty over a Black Sea grain export deal as a deadline loomed. Soybeans followed stock and oil markets down after Credit Suisse’s largest investor said it could not provide the Swiss bank with more financial assistance, […] Read more


CBOT May 2023 soft red winter wheat with Bollinger bands (20,2). (Barchart)

U.S. grains: Wheat, corn rally from multi-month lows

Ukraine corridor talks eyed

Chicago | Reuters — U.S. wheat and corn futures rose on Tuesday, rebounding from multi-month lows set last week, as Wall Street equity markets turned higher and signs of fresh grain export demand emerged, analysts said. Uncertainty about talks to extend a wartime grain export corridor from Ukraine lent support. Soybean futures posted smaller advances […] Read more

CBOT May 2023 soft red winter wheat with 20-day moving average, MGEX May 2023 hard red spring wheat (orange open/high/low/close) and K.C. May 2023 hard red winter wheat (orange O/H/L/C). (Barchart)

U.S. grains: Wheat slightly rebounds; corn, soy dip

Market volatility over banking sector hits grains prices

Chicago | Reuters — Chicago grains see-sawed on Monday, piggybacking on U.S. stocks that were spooked by global economic concerns after the tech-focused lender Silicon Valley Bank collapsed. The most-active corn and soybean contracts closed weaker, while wheat rebounded slightly after finishing last week at a 20-month low. Grains prices gyrated throughout the day as […] Read more


Commercial vessels  –including vessels which are part of the Black Sea grain deal — wait to pass the Bosphorus strait off the shores of Yenikapi during a misty morning in Istanbul, Turkey on Oct. 31, 2022. (Photo: Reuters/Umit Bektas)

Russia suggests renewing Black Sea grain deal for shorter term

Moscow says sanctions have created barriers for its exports

Geneva | Reuters — Moscow is suggesting to renew a deal allowing the safe export of grain from Ukraine’s Black Sea ports — but only for a period of 60 days, half the term of the previous renewal, Russian Deputy Foreign Minister Sergei Vershinin said on Monday. Vershinin’s statement came after talks with U.N. officials […] Read more

File photo of Highway 363 near Moose Jaw, Sask. (Mysticenergy/iStock/Getty Images)

Spring road bans loom across Prairies

Mid-March weight limits pending for heavy trucks

MarketsFarm — The looming spring melt across Western Canada will likely disrupt some grain and livestock movement over the next few weeks, as seasonal spring road restrictions come into effect across the Prairies. Spring road restrictions set axle weight limits for vehicles moving on certain roads to reduce the damage heavier loads can cause during […] Read more


CBOT May 2023 soft red winter wheat with 20-day moving average, MGEX May 2023 hard red spring wheat (yellow line) and K.C. May 2023 hard red winter wheat (orange line). (Barchart)

U.S. grains: Wheat, corn get boost off weaker dollar after multi-month lows

Expectations grow for Black Sea deal extension

Chicago | Reuters — Chicago wheat futures closed higher on Friday, boosted by a weaker U.S. dollar, after hitting a 20-month low, while corn futures rose from a seven-month low. The markets recovered after a week that saw expectations for an extended Black Sea export deal and a lower U.S. government estimate for corn export […] Read more

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

U.S. grains: Chicago corn dampened by prediction of El Nino rain

Black Sea export deal hopes drag wheat to 18-month low

Chicago | Reuters — Chicago corn futures hit their lowest price since August on Thursday on expectations that the El Nino climate phenomenon could boost U.S. crops and concerns about rising interest rates. La Nina has ended, the National Weather Service’s Climate Prediction Center said on Thursday, and El Niño could possibly form during summer […] Read more