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

U.S. grains: Soybeans reach seven-month peak

Oil strength, South American crop worries lift soy; CBOT corn up, wheat down

Chicago | Reuters — U.S. soybean futures hit their highest in seven months on Wednesday on technical buying and as soyoil futures rallied with energy markets and historically high palm oil prices. Concerns about a reduced South American harvest and exports from top soy supplier Brazil offered further support, with strength spilling over into corn […] Read more


Gavilon in October last year opened a new southern Montana grain elevator, shown here, at Huntley, just northeast of Billings. (Gavilon.com)

Viterra to buy Marubeni’s U.S. grain firm Gavilon

Grain handler looking to expand reach in Americas through acquisitions

Grain firm Viterra’s plans to buy an expanded global reach are about to move forward with a 10-figure deal for the bulk of U.S. ag commodity firm Gavilon’s grain business. Viterra, owned by commodities firm Glencore and two Canadian public-sector pension funds, announced Wednesday it will pay $1.125 billion to buy Omaha-based Gavilon from the […] Read more

Tracy Robinson. (TCEnergy.com)

CN names new CEO, easing tussle with investor

Former CP executive Tracy Robinson returns to rail

Reuters — Canadian National Railway on Tuesday named industry veteran Tracy Robinson as its new chief executive officer, soothing a months-long tussle with its second-largest shareholder over leadership at the railroad operator. Robinson will replace Jean-Jacques Ruest, who announced his decision to step down from the role in October following investor demands for his exit […] Read more


U.S. grains: CBOT wheat nears two-month peak on Ukraine crisis

U.S. grains: CBOT wheat nears two-month peak on Ukraine crisis

Corn hits June high

Chicago | Reuters — Chicago Board of Trade wheat futures approached a two-month high on Tuesday as fears of Russian military action in Ukraine made traders nervous about a potential disruption to supplies from the Black Sea exporters. Tensions remained high after NATO said on Monday it was putting forces on standby and reinforcing Eastern […] Read more

CBOT March 2022 wheat (candlesticks) with 20- and 50-day moving averages (yellow and orange lines) and Euronext March 2022 milling wheat (blue line, left column). (Barchart)

U.S. grains: Wheat futures rise on fears over Russia-Ukraine conflict

CBOT corn reaches seven-month high; South America rains weigh on soy futures

Chicago | Reuters — U.S. wheat futures advanced on Monday amid fears that Russia may invade Ukraine and disrupt grain shipments from the region, a major global supplier, traders said. Corn futures also strengthened and set a seven-month high, while soybean futures weakened. Grain traders kept their attention on Russia because it is the world’s […] Read more


(Dave Bedard photo)

Larger Canadian crops predicted in AAFC’s first 2022 outlook

MarketsFarm — A return to trend-line yields after the past year’s drought should lead to a significant increase in Canadian crop production in 2022, according to the first supply/demand estimates for the 2022-23 season from Agriculture and Agri-Food Canada (AAFC), released late Friday. Seeded area is expected to be up for wheat and the pulses, […] Read more

(FotografiaBasica/E+/Getty Images)

Study finds no data to show change in butter consistency

Not enough data to link to palm supplement use, either

Updated, Jan. 24 — A panel tasked with reviewing complaints of changes in Canadian butter’s consistency has found there’s not enough data out there to support those complaints — nor to support the allegation that palm byproducts in cows’ rations were the cause. The Expert Working Group on Feed Supplementation, set up by Dairy Farmers […] Read more


CBOT March 2022 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)

U.S. grains: Corn futures hit highest since June

Soy, wheat fall on profit taking

Chicago | Reuters — Chicago Board of Trade corn futures rose to their highest in seven months on Friday as concerns about production in South America spurred demand for U.S. supplies, traders said. Soybean futures eased from the seven-month top they hit on Thursday, succumbing to a round of profit taking. Soybeans closed well above […] Read more

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

U.S. grains: Soybeans rally, corn flat, wheat falls

Strong cash soybean market supportive

Chicago | Reuters — Chicago Board of Trade soybean futures surged on Thursday as a combination of rising export hopes, concerns about the South American crop and technical buying pushed prices to a seven-month high, traders said. Corn futures ended close to unchanged after fluctuating between positive and negative territory throughout the session, while wheat […] Read more