CBOT January 2024 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Soybeans up on Brazilian heat, export demand

Wheat moves higher; corn slumps on ample supplies

Chicago | Reuters — Chicago soybean futures climbed more than one per cent on Tuesday on concerns that scorching weather conditions in South America were taking a toll on crops, while the market also drew support from a fresh round of private sales by U.S. exporters. Chicago Board of Trade (CBOT) wheat also rose more […] Read more

CBOT March 2024 soft red winter wheat with 20-day moving average, MGEX March 2024 hard red spring wheat (yellow high/low/close) and K.C. March 2024 hard red winter wheat (orange H/L/C). (Barchart)

U.S. grains: CBOT wheat futures hit contract lows

March corn falls 1.7 per cent, soybeans touch three-week low

Chicago | Reuters — Chicago grain and soybean futures tumbled on Monday after the Thanksgiving holiday weekend, pressured by slow demand and technical selling and as traders liquidated positions ahead of Thursday’s first notice day for deliveries. Chicago Board of Trade March and May corn futures and all wheat contracts fell to contract lows while […] Read more


CBOT January 2024 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Soybeans fall as rain benefits top supplier Brazil

Most-active K.C. wheat reaches July 2021 low

Chicago | Reuters — Chicago Board of Trade soybean futures tumbled on Friday under pressure from favourable rains in Brazil, the biggest global supplier, analysts said. The market has pulled back about five per cent since jumping last week to its highest price since August amid concerns over hot, dry weather reducing output in northern […] Read more

CBOT January 2024 soybeans with Bollinger bands (20,2). (Barchart)

U.S. grains: Soybeans tumble on downpours in drought-stricken Brazil

Wheat rises after Russian attack on Ukraine port; CBOT corn eases

Chicago | Reuters — Chicago soybean futures lost more than one per cent on Wednesday as rain fell in Brazil, easing worries over the persistent dryness and heat that has plagued crops in the top exporting nation, analysts said. Wheat rose on shipping concerns in the Black Sea after Russia’s strike on port infrastructure, while […] Read more


File photo of a desk in Canada’s Senate. (Dougall_Photography/iStock/Getty Images)

Internal dispute over privilege, bullying allegations ties up C-234

New amendment to farm fuel bill now under debate

A proposed amendment, and a dispute over senatorial behaviour, further geared down progress Tuesday of a federal private member’s bill to carve out a carbon tax exemption for grain drying and heating of barns and greenhouses. Bill C-234, which passed the House of Commons in late March, remained on the Senate’s order paper for debate […] Read more

AAFC tweaks crop supply/demand estimates in November report

Estimates hold for most exports

MarketsFarm — Agriculture and Agri-Food Canada has slightly adjusted its supply/demand estimates for November. AAFC published its latest Outlook for Principal Field Crops on Tuesday. Of Canada’s major crops, the department left the 2023-24 ending stocks for canola at one million tonnes and all wheat at 3.6 million, while all other reported crops were left […] Read more


CBOT January 2024 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Chicago soybeans rise on Brazil’s weather woes

Wheat up more than two per cent on Russian strike in Ukraine; corn finishes slightly higher

Chicago | Reuters — U.S. soybean futures ended higher on Tuesday as Brazil’s torrid, crop-threatening weather conditions remained a prime worry for the market, despite rains over the last couple of days. Wheat futures also rose more than two per cent after a Ukrainian official said that Russian forces struck port infrastructure on one of […] Read more

CBOT January 2024 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: CBOT soybeans jump after insufficient Brazil rains

Wheat down more than one per cent

Chicago | Reuters — Chicago soybean futures rose two per cent on Monday, supported by brutally hot weather in Brazil that is likely to continue to stress crops despite some rains over the weekend coupled with the results of Sunday’s presidential election in Argentina. Chicago Board of Trade (CBOT) corn rose more than 0.5 per […] Read more


CBOT January 2024 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Chicago soy, corn slip on improved weather in Brazil

Traders exit long positions ahead of U.S. Thanksgiving week

Chicago | Reuters — Chicago grain and soybean futures declined on Friday as the prospect of rain in drought-stricken Brazil eased crop concerns, while traders exited long positions heading into a shortened U.S. Thanksgiving trading week. Soybeans and corn dipped more than one per cent while wheat fell 0.5 per cent. The most-active soybean contract […] Read more