CBOT September 2021 wheat (candlesticks) with 20-day moving average (black line) and MGEX and K.C. September 2021 wheats (green and orange lines). (Barchart)

U.S. grains: Wheat climbs as drought persists

Soybeans ease on pressure from broader commodity markets

Chicago | Reuters — Chicago wheat futures gained on Monday, climbing to a 2-1/2- month high, supported by dry weather in parts of U.S., Canadian and Russian growing areas that raises global supply worries. Soybeans eased after last week’s gains, pressured by broader losses in outside markets, though weather uncertainty underpins the oilseed. Chicago Board […] Read more

CBOT September 2021 wheat (candlesticks) with  20-day moving average (yellow line) and MGEX and K.C. September wheats (green and orange O/H/L/C). (Barchart)

U.S. grains: Wheat posts biggest weekly climb in six years

Weather woes in North America, Russia, Europe spur concerns

Chicago | Reuters — Chicago wheat futures rose about three per cent on Friday and recorded their largest weekly gain in six years as parched conditions for North American spring wheat and adverse weather in Europe and Russia stoked concern about global supplies. Soybean futures ended higher on uncertainty about U.S. crop weather, while corn […] Read more



MGEX September 2021 wheat (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and green lines) and CBOT September 2021 wheat (black line). (Barchart)

U.S. grains: Wheat climbs on stressful northern Plains weather

Chicago soybean futures sag

Chicago | Reuters — U.S. wheat futures rose on Thursday, led by Minneapolis Grain Exchange (MGEX) spring wheat futures, which hit an 8-1/2-year high near US$9 a bushel as drought threatened crops in the northern Plains and Canadian Prairies. Soybean futures fell on disappointing domestic soy crush data and corn eased after a three-session climb. […] Read more


CME August 2021 feeder cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)

U.S. livestock: CME feeder cattle fall on corn rally

CME lean hogs end lower

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed lower Wednesday, led by weakness in feeder cattle futures and profit-taking after a near two-week high, traders said. CME feeder futures set the tone, falling one per cent as corn futures jumped on worries about dry U.S. weather, a move that signaled higher costs […] Read more



CBOT August 2021 soybeans with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)

U.S. grains: Corn, soybeans up on weather worries

MGEX, CBOT September wheats also gain

Chicago | Reuters — U.S. corn and soybean futures hit their highest in nearly two weeks on Wednesday as forecasts called for dry weather in the Midwest crop belt next week and continued dryness in the northern Plains, threatening crop prospects, analysts said. Chicago Board of Trade December corn settled up 18 cents at $5.58-3/4 […] Read more

CBOT December 2021 corn (candlesticks) with CBOT September 2021 wheat and corn (green and yellow lines). (Barchart)

U.S. grains: Corn up on supply worries

Soy futures follow veg oils higher

Chicago | Reuters — U.S. corn futures rose on Tuesday on concerns about tightening grain supplies while soybean futures advanced on strong global vegetable oil markets, analysts said. Wheat futures turned lower on profit-taking after rallying on supply concerns a day earlier. Chicago Board of Trade September corn futures settled up six cents at $5.51-1/4 […] Read more


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USDA pegs wheat ending stocks to be lowest since 2013-14

MarketsFarm — As the U.S. northern Plains continue to deal with severe drought conditions, the U.S. Department of Agriculture (USDA) has significantly lowered its 2021-22 ending stocks estimates for wheat — especially durum and spring wheat. According to USDA’s monthly world agriculture supply and demand estimates (WASDE) released Monday, 2021-22 ending stocks for wheat are […] Read more

MGEX September 2021 wheat (candlesticks) with 20-day moving average (black line), CBOT and K.C. September 2021 wheats (green and yellow lines) and CBOT December 2021 corn (orange line). (Barchart)

U.S. grains: Wheat futures rally after U.S. slashes harvest estimates

Agency raises U.S. corn crop forecast from June

Chicago | Reuters — U.S. wheat futures climbed on Monday on lower-than-expected production estimates for domestic crops damaged by searing weather and drought, analysts said. Corn and soybean futures also jumped. The U.S. Department of Agriculture, in a monthly report, slashed its harvest outlook for spring wheat other than durum by 41 per cent from […] Read more