CBOT March 2021 corn with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Corn sets new high on export sales

Wheat falls even as Russia considers more export tax

Chicago | Reuters — U.S. corn futures climbed to 7-1/2-year highs on Monday, supported by continued export demand. Soybeans ended slightly weaker after climbing back from a 20-cent drop in earlier trading, supported by a slow Brazilian harvest that could affect exports (all figures US$). Wheat followed soy lower. The Chicago Board of Trade’s most-active […] Read more

CBOT March 2021 corn with Bollinger (20,2) bands. (Barchart)

U.S. grains: Corn sets 7-1/2-year high on China sales

Chicago wheat also up, soybeans firm

Chicago | Reuters — U.S. corn futures rose more than two per cent on Friday and set a multi-year high after China booked its biggest purchase of U.S. corn to date, fueling expectations of tightening global supplies. Wheat futures also rose about two per cent, chasing corn higher, and soybeans firmed as well. Chicago Board […] Read more


(Thinkstock photo)

Prairie cash wheat: Lower U.S. prices, weaker loonie generate mixed results

MarketsFarm — Wheat bids in Western Canada were mixed during the week ended Thursday, with Canada Western Red Spring (CWRS) bids down and Canada Prairie Spring Red (CPSR) steady to higher. Bids for Canada Western Amber Durum (CWAD) were also higher on the week. Price changes in U.S. wheat markets guided the gains and losses […] Read more

AFSC CEO Darryl Kay announced a 20 per cent cut in farmers’ AgriInsurance premiums for the 2021 crop year on Jan. 25. (AFSC video screengrab via YouTube)

Alberta crop insurer taps reserve to cut premiums

AFSC to pare premiums by 20 per cent

The reserve at Alberta’s Crown crop insurance agency will be tapped to offset the premiums charged to farmers for the 2021 crop year, and possibly for longer. The province’s Agriculture Financial Services Corp. (AFSC) said Monday its farmer customers will get a 20 per cent discount on crop insurance premiums this year — which on […] Read more





CBOT March 2021 corn with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Corn ends flat after vaulting to 7-1/2 year high

Corn sales to China spurred climb

Chicago | Reuters — U.S. corn futures settled nearly flat on Thursday after a volatile session in which the benchmark contract hit its highest level in 7-1/2 years, buoyed by U.S. corn sales to China, only to retreat on profit-taking, traders said. Soybean and wheat futures closed lower in technical trade, despite concerns about tightening […] Read more

CBOT May 2021 corn with Bollinger (20,2) bands. (Barchart)

CBOT weekly outlook: Corn is the leader

MarketsFarm — Over the last week at the Chicago Board of Trade (CBOT) corn has been leading soybeans, while wheat has been lacking good exports, according to Ryan Ettner, broker with Allendale Inc. in Fort McHenry, Ill. Ettner said he also expects the situation is very likely to continue, barring any kind of a major […] Read more


CBOT March 2021 wheat with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Wheat down on profit-taking

Corn pares gains off seven-year high

Chicago | Reuters — U.S. wheat futures fell about one per cent on Wednesday on profit-taking as the dollar firmed and Wall Street equity markets sagged, analysts said. But worries about tightening global inventories underpinned the grains, keeping wheat, corn and soybean futures near multi-year highs set this month. Chicago Board of Trade March wheat […] Read more