CBOT November 2023 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Soy, corn slip on profit taking, macro pressure

Exports lift wheat futures

Chicago | Reuters — U.S. soybean futures retreated on Friday on profit-taking after hitting two-week highs in the previous session and as souring consumer sentiment and inflation worries hung over the market. Corn futures followed soybeans lower, but wheat rallied after the U.S. Department of Agriculture (USDA) reported stronger-than-expected weekly export sales and confirmed a […] Read more

CBOT November 2023 soybeans with 20- and 50-day moving averages and December 2023 soymeal (dark grey line, left column). (Barchart)

U.S. grains: Chicago soybeans surge after USDA projects smaller soy, corn crops

CBOT corn, wheat also higher

New York | Reuters — Chicago soybean and corn futures shot up on Thursday following a closely watched U.S. government report forecasting a smaller corn and soybean harvest than previously projected, and below an average of analysts’ estimates. The Chicago Board of Trade’s (CBOT) most-active soybean futures contract jumped about three per cent to settle […] Read more


ICE November 2023 canola with 20-, 50- and 100-day moving averages. (Barchart)

ICE weekly outlook: Canola futures looking for bottom

Crushing pace remains aggressive

MarketsFarm — ICE Futures canola contracts fell to their lowest levels in three and a half months during the week ended Wednesday, taking some direction from Chicago soyoil as harvest activity winds down across the Prairies. Losses in other markets, including Malaysian palm oil and European rapeseed futures, added to the declines in canola. “Everybody […] Read more

CBOT November 2023 soybeans with Bollinger bands (20,2). (Barchart)

U.S. grains: Chicago soy touches 22-month low ahead of USDA report

CBOT wheat also lower; corn firm

New York | Reuters — Chicago soybean and wheat futures fell on Wednesday, and corn futures firmed as the markets turned their attention to widely-followed U.S. government crop forecasts. The most-active soybean contract on the Chicago Board of Trade (CBOT) dropped 19 cents, about 1.5 per cent, to settle at $12.52-1/2 a bushel (all figures […] Read more


CBOT November 2023 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Soybeans lifted by bright report on export demand

CBOT wheat down sharply, corn also lower

New York | Reuters — Chicago soybean futures rose on Tuesday, rebounding sharply from early losses on lift from technical trading and data showing a pickup in exports of the U.S. oilseeds. Corn prices weakened, and wheat futures fell sharply. The most-actively traded Chicago Board of Trade soybean contract rose 0.6 per cent to $12.71-1/2 […] Read more

(Bunge video screengrab via Vimeo)

Bunge shareholders bless Viterra wedding

Company still expects to close deal mid-2024

Shareholders in U.S. grain and agrifood giant Bunge have voted their advance approval of the company’s plans to take up one of Canada’s biggest grain industry players. Bunge on Thursday announced the results of an extraordinary general meeting of shareholders, in which they approved the acquisition of Viterra and a related issue of about 65.6 […] Read more


File photo of barley being unloaded at a grain terminal in Ukraine on June 23, 2022. (Photo: Reuters/Igor Tkachenko)

U.N. held talks in Russia on Monday on grain, fertilizer exports

'Unimpeded access' sought for Ukrainian, Russian grain

United Nations | Reuters — Top United Nations trade official Rebeca Grynspan met with Russian officials in Moscow on Monday for talks aimed at enabling the “unimpeded access” to global markets for grain and fertilizer from Russia and Ukraine, a U.N. spokesperson said. U.N. aid chief Martin Griffiths also attended the meetings virtually, U.N. spokesperson […] Read more



CBOT November 2023 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Soy, corn futures fall as harvest accelerates

CBOT December wheat turns lower

New York | Reuters — Chicago soybean and corn futures fell on Friday due to profit-taking after the previous day’s rally and forecasts of favourable harvest weather this weekend. Wheat futures also dropped as concerns ebbed about shipping grain through the Black Sea. The most-active Chicago Board of Trade (CBOT) soybean futures fell 1.2 per […] Read more

CBOT December 2023 soft red winter wheat with 20-day moving average, MGEX December 2023 hard red spring wheat (yellow line) and K.C. December 2023 hard red winter wheat (orange line). (Barchart)

U.S. grains: Chicago wheat rises on Black Sea tensions

Corn at one-month high; soybeans also up

Reuters — Chicago wheat futures rallied on Thursday, boosted more than three per cent on reports of new tensions in the Black Sea region. Corn futures hit a one-month peak, breaking out of a recent range holding above a key technical level, and soybeans rose modestly despite lacklustre export demand. A Turkish-flagged general cargo ship […] Read more