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Wheat

CBOT January 2022 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, dark green and black lines). (Barchart)
Crops, Markets, Reuters

U.S. grains: Soy, corn set multi-month highs

South American crop uncertainty, chart-based buying are factors

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Chicago | Reuters — U.S. soybean futures closed higher on Friday, hitting a 2-1/2 month top on worries about South American crop weather coupled with chart-based buying, traders said. Corn futures set a four-month high near $6 a bushel and wheat followed the firm trend (all figures US$). Chicago Board of Trade January soybeans settled […] Read more
(Thinkstock photo)
Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Bids show small gains

Minneapolis, K.C. March wheats up on week

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MarketsFarm — Growing drought concerns in the U.S. and improved export numbers led to higher bids for western Canadian wheat for the week ended Thursday. However, a mid-week selloff on the futures market held back some gains. The southern U.S. Plains, which are a growing area for hard red winter wheat, have been affected by […] Read more
(Photo courtesy Canada Beef Inc.)
Barley, Corn, Crops, Markets, Spring Wheat

Feed weekly outlook: Bids high, but limited supplies mean little moving

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MarketsFarm — Feed grain prices in Western Canada remain at very high levels heading into the New Year, but little is actually trading as feedlots fill up with cheaper corn from the U.S. “The volume trading of Canadian feed grains has dropped significantly,” said Jim Beusekom, of Market Place Commodities at Lethbridge, noting about 80 […] Read more
This photo was taken September 24, 2021. This canola field near me had way more nice yellow flowers in late September than it did in mid-July. It looked like a decent crop at that time. With no rain in September and very little frost, it dried up for a second time.
Columns, Crops

Les Henry: The Birch effect on our soils in 2021

Microbes had a heyday when the rain came

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As I watched the 2021 growing season unfold, there came a time when I started to think about the “Birch effect.” Lo and behold, when I went looking for the papers that documented the Birch effect, I stumbled on a piece titled “Fall Soil Sampling: the ‘Birch’ Effect” by Les Henry in the October issue […] Read more
(Medioimages/Photodisc/Getty Images)
Crops, Markets

CBOT weekly outlook: Soybeans, corn enter holiday mode

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MarketsFarm — Soybean and corn futures at the Chicago Board of Trade are expected to hold relatively rangebound over the next few weeks, although year-end positioning and thinner holiday volumes could lead to some volatility. General unwinding of spreads and fund profit-taking were weighing on prices in mid-December, Sean Lusk of Walsh Trading in Chicago […] Read more
CBOT March 2022 wheat (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)
Crops, Markets, Reuters

U.S. grains: CBOT wheat nears two-month low

Corn declines; soy ends firm

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Chicago | Reuters — U.S. wheat futures fell nearly four per cent on Wednesday and European wheat fell three per cent as a bumper Australian harvest and signs of continued competition from Black Sea supplies added to technical pressure, traders and analysts said. Corn followed wheat lower while soybean futures ended modestly higher after monthly […] Read more
CBOT January 2022 soybean meal (candlesticks) with January 2022 soybean oil (yellow O/H/L/C, left column). (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans up as soymeal gains sharply against soyoil

CBOT corn up, wheat lower

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Chicago | Reuters — U.S. soybean futures rose about one per cent on Tuesday as soymeal futures soared on expectations of rising demand for the high-protein feed ingredient, analysts said. Chicago Board of Trade soymeal futures gained sharply against soyoil futures on meal/oil spreading, with soyoil falling to six-month lows on expectations that U.S. oil […] Read more
CBOT January 2022 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)
Crops, Markets, Reuters

U.S. grains: Soy, corn down on technical selling, Argentine rains

CBOT wheat up off Friday's drop

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Chicago | Reuters — U.S. soybean futures fell nearly two per cent on Monday and corn futures also declined on a mix of technical selling after last week’s advances and improving prospects for South American production, analysts said. Wheat futures rose on bargain-buying after dipping to a six-week low on Friday. Chicago Board of Trade […] Read more
(Thinkstock photo)
Crops, Markets, Spring Wheat

Prairie cash wheat: Lower U.S. prices pull back bids

U.S. March wheat futures down on week

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MarketsFarm — Wheat bids in Western Canada retreated by double digits for Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheats, while those for Canada Western Amber Durum (CWAD) declined more moderately. Significant decreases in U.S. wheat markets and a stronger Canadian dollar combined to weaken Prairie prices. Average CWRS (13.5 protein) […] Read more

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