CBOT December 2022 soft red winter wheat (candlesticks) with 20-day moving average (dark green line), MGEX December 2022 hard red spring wheat (yellow line) and K.C. December 2022 hard red winter wheat (orange line). (Barchart)

U.S. grains: Wheat rallies as Russia threatens to quit Black Sea deal

Corn, soybeans pare losses as wheat gains

Chicago | Reuters — U.S. wheat futures rebounded on Thursday from two days of declines on concerns that a Black Sea export corridor deal may not be renewed next month, which could again disrupt grain shipments from Ukraine. Corn and soybeans pared earlier losses on spillover support from wheat and follow-through buying after the U.S. […] Read more

A nameplate outside the Canadian Grain Commission building in downtown Winnipeg. (Dave Bedard photo)

Farmers get week to dispute grain grade, dockage

Window widened following consultations

Prairie farmers who want to dispute a grain elevator’s call on their grain’s grade and dockage now officially have up to a week to do so. The Canadian Grain Commission on Oct. 3 announced amendments to the Canada Grain Regulations are now in effect allowing grain growers more time — seven calendar days, to be […] Read more


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Manitoba’s harvest 79 per cent complete, report says

Cereal harvest wrapped in most areas

MarketsFarm — Harvest operations across Manitoba were 79 per cent complete as of Tuesday, according to the latest crop report from the provincial agriculture department. That figure was up from 63 per cent the previous week, but two weeks off the five-year average of 89 per cent. Harvest progress was the most advanced in central […] Read more

CBOT November 2022 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)

U.S. grains: USDA cuts soy, corn crop outlooks, trims demand

Large Russian wheat supplies temper war worries

Chicago | Reuters — U.S. soybean futures jumped to a two-week high on Wednesday after the U.S. Department of Agriculture (USDA) unexpectedly cut its U.S. harvest forecast and raised imports by top soy buyer China in a monthly report. Soybean price gains were held in check, however, by expectations for large South American crops that […] Read more


ICE November 2022 canola (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)

ICE weekly outlook: Canola’s wide crush margins supportive

MarketsFarm — ICE Futures canola contracts backed away from nearby highs during the week ended Wednesday, but historically wide crush margins should keep the market well supported going forward. “The crush margins are unsustainably high,” said Ken Ball of PI Financial in Winnipeg, pointing to margins that currently work out to over $200 per tonne […] Read more

CBOT December 2022 soft red winter wheat (candlesticks) with 20-, and 50-day moving averages (green and black lines), MGEX December 2022 hard red spring wheat (yellow line) and K.C. December 2022 hard red winter wheat (orange line). (Barchart)

U.S. grains: Wheat, corn slip ahead of key crop forecasts

Corn, soy consolidate as U.S. crop data watched

Chicago | Reuters — Chicago wheat futures fell back on Tuesday, after jumping to a three-month high a day earlier, as signs of escalation in the war between Russia and Ukraine continued to raise concerns about the viability of Black Sea grain trade in the coming months. Corn futures slipped, and soybeans firmed, as investors […] Read more


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

U.S. grains: Soy, wheat, corn fall as export concerns rise

Low depths on Mississippi hinder export traffic

Chicago | Reuters — Chicago Board of Trade soybean futures fell to a 2-1/2 month low on Thursday, under pressure from the ongoing U.S. harvest and signs of weak overseas demand, traders said. Poor export demand also weighed on the corn and wheat markets as investors remained wary of an economic downturn. “The grain and […] Read more

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Saskatchewan’s harvest 90 per cent complete

MarketsFarm — Excellent weather over the week ended Monday saw Saskatchewan farmers make good harvest progress, with 90 per cent of the province’s crops off the field, according to the latest provincial report. Harvest progress was up from 81 per cent the previous week — and from the five-year average of 82 per cent. While […] Read more



CBOT November 2022 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)

U.S. grains: Soy sags on recession fears, firm dollar

Corn inches higher, wheat down on day

Chicago | Reuters — U.S. soybean futures ended down about one per cent on Wednesday on macroeconomic worries as the dollar bounced and brokers awaited more information on the size of the U.S. harvest, analysts said. Wheat futures closed lower after a choppy session but corn eked out a higher close as traders awaited fresh […] Read more