CBOT March 2023 soft red winter wheat with Bollinger bands (20,2), MGEX March 2023 hard red spring wheat (yellow line) and K.C. March 2023 hard red winter wheat (orange line). (Barchart)

U.S. grains: Wheat strong on concerns about Ukraine, Russian exports

Chicago corn, soy futures rise

Chicago | Reuters — U.S. wheat futures rallied on Friday, supported by concerns the grain deal allowing for Russian and Ukraine exports from Black Sea ports could splinter amid escalations in the nearly year-long war between the two countries, traders said. Corn and soybean futures also were strong, with corn following the gains in wheat […] Read more

(Photo courtesy Canada Beef Inc.)

Feed weekly outlook: Grain stocks set tone for barley, wheat

Barley expected to go bullish in April, May

MarketsFarm — Statistics Canada’s (StatCan) grain stocks report issued earlier this week largely met trade expectations, according to Winnipeg-based independent trader Jerry Klassen. The survey-based report, which estimated the country’s grain stocks as of Dec. 31, was neutral for spring wheat, supportive of durum, and pointed toward barley being somewhat bullish come spring, he said. […] Read more


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

U.S. grains: Wheat, corn, soybean futures fall

U.S. export sales data in focus

Chicago | Reuters — U.S. wheat futures dropped on Thursday, with rains in the U.S. Plains easing some concerns about crop health in that key growing area, traders said. Corn and soybean futures also were weaker, pressured by lacklustre export data and expectations that overseas buyers will soon shift their orders to Brazil and Argentina […] Read more

Ag Minister Nate Horner speaks at the Harmony Beef plant at Balzac, Alta. on Feb. 7, 2023. (Government of Alberta video screengrab via YouTube)

Alberta plans new ag processing tax credit

Incentive to be introduced in 2023 budget

Alberta has telegraphed plans for a new provincial tax credit in its upcoming budget to spur development in the ag processing sector. The province on Tuesday announced plans for what it calls the Alberta Agri-Processing Investment Tax Credit — a 12 per cent, “non-refundable” tax credit for corporations making capital investments in “value-added agri-processing” in […] Read more


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

U.S. grains: Chicago wheat, corn, soy firm on WASDE report

South America's weather drags on competing exports

Chicago | Reuters — Chicago wheat, corn and soybean futures firmed on Wednesday, supported by weather conditions in South America that hamper rival exports, though higher-than-expected U.S. supplies limited gains. The most-active wheat contract on the Chicago Board of Trade (CBOT) added 15 cents to $7.64-3/4 a bushel (all figures US$). CBOT soybeans added 4-1/2 […] Read more

(Dave Bedard photo)

Grain stocks come in as projected

StatCan report deemed neutral for canola and spring wheat, supportive for durum

MarketsFarm — Stocks of Canadian grains at year-end appear to be pretty much in line with market expectations. Statistics Canada on Tuesday issued its report on stocks as of Dec. 31, 2022, which highlighted notable increases in most grains, further signaling a recovery from the 2021 drought. “Stocks reports are important because they confirm the […] Read more


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

U.S. grains: Corn, soybeans fall ahead of USDA report

U.S. wheat futures end mixed

Chicago | Reuters — Chicago Board of Trade soybean and corn futures fell on Tuesday as investors squared positions ahead of the U.S. government’s key monthly reports on global supply and demand. Traders were focused on the size of the corn and soybean harvests in Argentina as drought stressed the crops in that key global […] Read more

“It just makes tracking your inventory and your contracts a lot easier... I don’t have to spend days on the computer entering contracts and doing spreadsheets.” – Sean Edwards.

New tool for grain marketing at your fingertips

Combyne marketing app built for grain producers

A new software system developed by a Canadian tech firm promises to make grain marketing easier and more efficient for farmers across the country. Combyne was developed by Alain Goubau and his Ontario-based company, Combyne Ag. It was released to the public in November 2021 and is available for mobile devices and computer desktop use. […] Read more


(CPR.ca)

Absence of issues leads to January record for grain movement

CN, CP so far see 'calamity-free' 2022-23

MarketsFarm — So far this winter grain movement in Canada has yet to incur few — if any — major problems that have stymied rail shipments, according to Mark Hemmes, president of Quorum Corp., which tracks rail movement in Canada. Canadian Pacific Railway and Canadian National Railway (CP, CN) have been doing good jobs during […] Read more

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

U.S. grains: Soy futures fall on technical selling

Corn edges higher; wheat weak

Chicago | Reuters — U.S. soybean futures dropped on Monday on a technical setback after rallying to the high end of recent trading ranges last week, traders said. Corn ended higher after trading in negative territory for much of the day, with the market finding support near Friday’s low. Investors were waiting for news about […] Read more