Corn seedlings on June 1, 2020. (Farmtario photo by John Greig)

U.S. grains: Corn, soy futures hit multi-year highs on supply fears

Dryness in Brazil fuels supply fears

Chicago | Reuters — Concerns that global crop supplies will remain lean pushed Chicago Board of Trade corn futures to their highest price since March 2013 on Friday, while soybean futures reached their highest since October 2012. The markets surged before the weekend as traders braced for the potential of further rallies driven by tightening […] Read more



CBOT July 2021 corn (candlesticks) with 20-day moving average (dark green line) and December 2021 corn (yellow line). (Barchart)

U.S. grains: Corn futures pierce eight-year peak

Soy rallies on supply worries

Chicago | Reuters — Chicago Board of Trade corn futures extended a rally above eight-year highs on Thursday as dry weather threatened harvest yields in major exporter Brazil and kept traders’ focus on ebbing global supplies. Soybeans approached an 8-1/2-year peak reached last week, buoyed by rallying vegetable oil prices, and wheat was also higher. […] Read more

Toban Dyck: Policy battles and progress

Toban Dyck: Policy battles and progress

There used to be a thing called the Manitoba Pool Elevators. It was a grain company founded in the early 1900s, but its history and trajectory through the Saskatchewan Wheat Pool and Agricore United is not the topic of this column. There are two filing cabinets in our basement. They contain farm records from before […] Read more


The USDA building in Washington, D.C. (Art Wager/iStock/Getty Images)

CBOT weekly outlook: Look for May USDA report to be bullish

New WASDE will include first projections for 2021-22

MarketsFarm — With the next supply and demand estimates from the U.S. Department of Agriculture (USDA) a week away, broker Ryan Ettner provided his outlook on the report. “[Soybean] exports have been good enough to meet the USDA’s expectations,” but maybe not enough to adjust any of their numbers, said Ettner, a broker for Allendale […] Read more

CBOT July 2021 corn (candlesticks) with 20-day moving average (orange line) and December 2021 corn (dark green line). (Barchart)

U.S. grains: Corn exceeds eight-year high on global supply worries

Soybean, wheat futures also finish higher

Chicago | Reuters — Chicago Board of Trade corn futures touched their highest price in more than eight years on Wednesday as concerns over global supplies and strong demand continued to fuel strong gains. A blistering rally in the market has raised costs for global producers of corn-based ethanol and of meat made from livestock […] Read more


CBOT July 2021 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange, dark green lines). (Barchart)

U.S. grains: Corn tops $7 for first time since 2013 in most-active contract

High corn prices are not destroying demand, Bunge CEO says

Chicago | Reuters — U.S. corn futures on Tuesday topped US$7 a bushel in the most-active contract for the first time since 2013 as unfavourably dry crop weather in Brazil kept attention on tightening global supplies. Surging prices have done little to curb robust demand for corn used to feed livestock and produce ethanol, opening […] Read more

An eight-inch-wide strip of tillage in a field with heavy corn residue.

Several benefits come with an eight-inch-wide strip of tillage

Western Canadian row crop farmers Dean Toews in southern Manitoba and John Kolk in southern Alberta have different levels of experience with strip tillage, but both see the value of working up these eight-inch-wide strips of soil in their fields with a range of production and conservation benefits. Toews, who is part of the family […] Read more


CBOT July 2021 corn with Bollinger (20,2) bands. (Barchart)

U.S. grains: Corn hits eight-year high

Soybean, wheat markets slump

Chicago | Reuters — Chicago Board of Trade corn futures hit their highest price since March 2013 on Monday on strong demand for limited U.S. supplies and concerns over dry weather hurting output in Brazil. Traders continue to focus on tightening global inventories as U.S. farmers plant corn and soy for the autumn harvest, rather […] Read more

CBOT July 2021 soybeans with Bollinger (20,2) bands. (Barchart)

U.S. grains: Corn, soy, wheat end higher after volatile week

Market assesses U.S. planting, drought threat to Brazil crops

Chicago | Reuters — Chicago corn, soybean and wheat futures rose on Friday after three days of volatile trade following a run-up to eight-year highs, traders said. The most-active corn futures on the Chicago Board of Trade gained 25 cents at $6.73-1/4 per bushel, adding 40-3/4 cents for the week, a 6.4 per cent gain […] Read more