One Canada Square (tower at centre) houses the London head office of the International Grains Council. (Iliffd/iStock/Getty Images)

World soybean output, stocks estimates chopped

MarketsFarm — Downward revisions to soybean numbers stand out the most in February’s grain market report from the International Grains Council (IGC). Otherwise, the monthly estimates have minor alterations. The IGC cut its forecast on 2021-22 global soybean production by four per cent from its January report, bringing its projection to 353.1 million tonnes. The […] Read more



CBOT March 2022 wheat (candlesticks) with 20-m 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)

U.S. grains: Wheat rises on Ukraine-Russia tensions

Corn, soybean futures end firm

Chicago | Reuters — U.S. wheat futures rose 2.2 per cent on Thursday, supported by rising tensions between Ukraine and Russia and expectations that war between the two export countries could improve demand for U.S. supplies, traders said. Soybeans and corn futures closed in positive territory after trading both sides of unchanged, with concerns about […] Read more



CBOT March 2022 soybeans (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. grains: Soy, corn rise as traders watch weather

Chicago wheat futures flat

Chicago | Reuters — U.S. soybean futures rallied on Wednesday, rising 2.3 per cent to halt a two-day fall with the market underpinned by concerns that forecast rain may be insufficient to avert further drought damage to crops in Argentina and southern Brazil. “It is the size of the crop in South America that will […] Read more


CBOT March 2022 wheat (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)

U.S. grains: Wheat, corn fall as fears of Black Sea disruption retreat

Soybeans down on chance of South America rain

Chicago | Reuters — Chicago Board of Trade wheat and corn futures fell on Tuesday as Moscow’s announcement that some of its troops were returning to base after drills tempered investor fears of a Russian invasion of Ukraine that could disrupt Black Sea export flows. U.S. soybeans fell as traders assessed chances for rain in […] Read more

Anderson Soletti shows soybeans at his drought-parched plantation at Espumoso in Brazil’s Rio Grande do Sul state on Jan. 10, 2022. (Photo: Reuters/Diego Vara)

South American soy, corn crops face major disaster

MarketsFarm — With intense heat and very little rain, soybean and corn crops have been having a very tough time in South America, according Dr. Michael Cordonnier of Soybean and Corn Advisor at Hinsdale, Ill. Be they from private consultancies or government bodies such as the U.S. Department of Agriculture or its Brazilian equivalent CONAB, […] Read more


CBOT March 2022 soybeans (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. grains: Soybeans ease on South American rainfall

Wheat underpinned by Black Sea supply worry; corn adds on strong export inspections

Chicago | Reuters — Chicago soybeans fell on Monday, pressured by rainfall in parts of South America that could refresh parched crops as Argentina and southern Brazil near harvest. CBOT corn and wheat ended higher after earlier losses, with corn underpinned by strong export inspections and wheat weighing tensions between Russia and Ukraine that could […] Read more

CBOT March 2022 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, dark green and black lines). (Barchart)

U.S. grains: Soy rises on South American crop woes

Wheat, corn futures rally

Chicago | Reuters — Chicago Board of Trade soybean futures rose on Friday on diminishing harvest estimates in South America, though trading remained volatile a day after prices reached a nine-month high, analysts said. Corn and wheat futures jumped on increased concerns that Russia may invade Ukraine and disrupt grain shipments from the Black Sea […] Read more