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

U.S. grains: Corn, soy, wheat end lower as market awaits USDA reports

Grain trade also monitoring Brazil

Chicago | Reuters — U.S. corn futures fell on Monday for the sixth time in seven sessions and wheat and soybeans finished mostly lower, as investors weighed weather-reduced production in some areas of South America against tepid demand for U.S. supplies. Wheat futures also retreated as late-session technical selling eroded earlier support from a weaker […] Read more

CBOT March 2023 soft red winter wheat with Bollinger bands (20,2). (Barchart)

U.S. grains: Wheat posts biggest weekly loss in six months

Soybeans, soymeal rally on Argentina drought

Chicago | Reuters — Chicago Board of Trade wheat futures weakened on Friday and posted their biggest weekly decline in six months as ample supplies from the Black Sea region weighed on prices, analysts said. Soybean and soymeal futures rallied amid increasing concerns about drought hurting crops in Argentina, the world’s leading exporter of processed […] Read more


(Dave Bedard photo)

SaskCanola, SaskFlax merge offices, management

Groups will maintain separate governing boards, levies

Sasskatchewan’s canola and flax development commissions are consolidating their management, staff and office space under one roof. SaskCanola and SaskFlax said Wednesday their new “management collaboration” will translate to efficiencies for both commissions with “a full staff complement to support both boards.” Both organizations will now operate out of the current SaskCanola office at Innovation […] Read more

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

U.S. grains: Wheat up off nearly four-week low

Corn, soy futures set two-week lows

Chicago | Reuters — Chicago Board of Trade wheat futures turned higher on short-covering and bargain buying on Thursday after dropping to their lowest price in almost four weeks, analysts said. Corn and soybeans set two-week lows as concerns about demand and economic headwinds, including the impact of surging COVID-19 cases in China, continued to […] Read more


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

ICE weekly outlook: Sideways canola market watching macros

USDA report may offer nearby direction

MarketsFarm — ICE Futures canola contracts remain stuck in a sideways trading range to start the New Year, with bearish outside forces countered by relatively supportive fundamentals. From a chart standpoint, March canola is stuck in a sideways range between $800 and $900, with little to suggest a break one way or the other for […] Read more

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

U.S. grains: Wheat, corn futures hit two-week lows on demand concerns

Wheat futures curbed by cheaper Black Sea supplies; U.S. Plains wheat ratings dip in Kansas

Chicago | Reuters — U.S. wheat and corn futures set two-week lows on Wednesday as concerns about weakening demand hung over commodity markets. Investor worries about economic headwinds, including the impact of a surge of COVID-19 cases in China, were encouraging selling in commodities, analysts said. Chart-based selling also weighed on the grain markets, they […] Read more


While there is a lot of interest in camelina production for the biofuel industry, processors have shown it is not a one-trick oilseed.

Camelina poised for a comeback

Demand from the renewable fuel industry is one of many reasons to grow camelina this year and in the future

As western Canadian farmers consider cropping plans for 2023, they may want to give some thought to growing camelina. It is a crop name from the past that is making a comeback and by all accounts there is strong market demand. Camelina was somewhat of a flash in the pan 15 or more years ago, […] Read more

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

U.S. grains: Wheat, corn, soybeans sag as traders reduce risk in new year

Stronger U.S. dollar pressures grain futures

Chicago | Reuters — Chicago Board of Trade (CBOT) grain and soybean futures closed lower on Tuesday as the dollar rallied and broad-based selling hit a range of markets, analysts said. Oil prices also tumbled, pressured by a gloomy economic outlook, while U.S. stocks struggled. Gains in the dollar made U.S. commodities, including farm products, […] Read more


CBOT March 2023 soybeans (candlesticks, right column) with 100-day moving average (black line) and CBOT March 2023 soybean meal (yellow line, left column). (Barchart)

U.S. grains: Soybeans post fourth straight annual gain on supply concerns

Weather concerns, farmer selling give wheat, corn prices a boost

Chicago | Reuters — Chicago soybeans rose on Friday and posted a sharp yearly rise, amid strong export demand and as drought in major exporter Argentina keeping the focus on supply tensions in the oilseed market. Concerns over drought in Argentina, the world’s largest exporter of soyoil and soymeal, and strong export demand drove Chicago […] Read more

A farmer in China piles wheat.  Photo: Reuters/File

China to launch grain reserves company in 2023

Reuters — China’s state-owned grains trader COFCO said on Thursday a new joint venture it has set up with state stockpiler Sinograin to manage the country’s huge grain reserves will officially begin operations next month. The China Enterprise United Grain Reserve Co. Ltd. was established in September, according to the COFCO statement on its public […] Read more