CBOT July 2022 wheat (candlesticks) with 50-day moving average (dark green line) and MGEX and K.C. July 2022 wheats (yellow and orange lines). (Barchart)

U.S. grains: Wheat, corn down on Ukrainian export optimism

Soybeans firm on biofuel talk

Chicago | Reuters — Chicago wheat sank on Wednesday for a second straight session to the lowest in nearly two months, as the market gauged diplomatic talks to unblock Ukrainian ports, while U.S. rainfall across the plains added pressure to prices. Corn followed, dropping to a nine-week low, as U.S. farmers caught up on planting […] Read more



CBOT July 2022 wheat (candlesticks) with 20- and 50-day moving averages (blue and black lines) and MGEX and K.C. July 2022 wheats (yellow and orange lines). (Barchart)

U.S. grains: Wheat drops as Russia considers Ukrainian grain exports

Corn, soybeans also down

Chicago | Reuters — Chicago wheat futures fell on Tuesday, after Russian President Vladimir Putin expressed readiness to allow blocked Ukrainian grain vessels from Black Sea ports. Corn was pressured by falling wheat, while profit-taking pulled soybeans off life-of-contract highs to finish lower. The most-active wheat contract on the Chicago Board of Trade (CBOT) fell […] Read more

CBOT July 2022 corn (candlesticks) with 20- and 50-day moving averages (yellow and orange lines). (Barchart)

U.S. grains: Corn, soybean, wheat futures up ahead of holiday

Wheat gains as U.S. rejects easing sanctions

Chicago | Reuters — Chicago Board of Trade corn and soybean futures rose on Friday, supported by forecasts for rain that could slow the tail end of planting in the U.S. Midwest. Wheat futures also were higher, with traders exiting bearish positions ahead of the U.S. Memorial Day holiday weekend. U.S. markets will be closed […] Read more


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

U.S. grains: Rainy forecast pushes soy to three-month high

Wheat mixed, corn weak

Chicago | Reuters — U.S. soybean futures rallied 2.7 per cent to a three-month high on Thursday as the latest weather forecasts for key northern growing areas turned wet again, threatening to add further delays to planting that was already well behind schedule, traders said. Corn futures were weaker on pressure from disappointing export data […] Read more




CBOT July 2022 corn (candlesticks) with Bollinger bands (20,2) and 50-day moving average (orange line). (Barchart)

CBOT weekly outlook: Prices likely to trend downward

MarketsFarm — With weather in the U.S. becoming more favourable for spring planting, combined with other factors, prices on the Chicago Board of Trade CBOT) are expected to push lower, according to Scott Capinegro of Barrington Commodity Brokers at Barrington, Ill. “If you’re getting it planted and it rains, the stuff is off to a […] Read more



CME August 2022 feeder cattle (candlesticks) with 20-, 50- and 100-day movjng averages (pink, red and black lines). (Barchart)

Klassen: Canadian feeder market divorces from feeder cattle futures

Timing of new-crop feed grains leads to shift

Compared to last week western Canadian yearling markets traded $3-$4 on either side of unchanged. The quality was quite variable resulting in the wide price structure; however, decent genetic and lower flesh packages were red hot. Feedlot operators were extremely aggressive on 700- to 800-lb. steers although higher weight categories were also well bid. Auction […] Read more