CBOT July 2020 corn with Bollinger (20,2) bands. (Barchart)

U.S. grains: Corn, soybeans drift lower on favourable crop prospects

CBOT July wheat up on short-covering

Chicago | Reuters — U.S. corn and soybean futures drifted lower on Thursday as generally favourable U.S. Midwest crop weather bolstered expectations for large harvests, analysts said. “We just don’t have enough demand … to overcome the good growing conditions that are seen across the Midwest,” said Brian Hoops, president of Midwest Market Solutions. So […] Read more


CBOT July 2020 wheat with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Wheat nears two-month low on export competition

Corn, soybean futures also sag

Chicago | Reuters — U.S. wheat futures slid to a near two-month low on Wednesday, testing psychological support at the $5-per-bushel mark, pressured by forecasts for rising global grain supplies and strong export competition, analysts said. Soybean and corn futures also declined as a speedy U.S. planting pace supported expectations for large harvests. Traders shrugged […] Read more

(USDA.gov via Flickr)

CBOT weekly outlook: Global grain stocks exert pressure

MarketsFarm — A forecast of sizeable global ending stocks is weighing on values at the Chicago Board of Trade (CBOT), according to Terry Reilly, senior commodity analyst for Futures International in Chicago. The U.S. Department of Agriculture (USDA) on Tuesday issued its monthly supply and demand report in which it forecast global corn carryout to […] Read more


Parallel stripes of yellowing, unhealthy-looking plants ran across the field.

Crop advisor casebook: Seeding issue makes for unhealthy wheat plants?

A Crop Advisor's Solution from the May 12, 2020 issue of Grainews

In early June, I got a call from Keith, who owns a mixed cattle and grain farm near Grandview, Man. He’d been out checking his crop for herbicide timing when he noticed there were parallel stripes of yellowing plants running all across the field. Keith, who also grows canola, oats and mixed hay on his […] Read more

CBOT July 2020 corn with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Corn up despite USDA forecast for ballooning stocks

Soybeans drift lower; wheat weaker on improving crop weather

Chicago | Reuters — Chicago corn ended higher on Tuesday after the U.S. Department of Agriculture forecast U.S. corn stockpiles would top 3.3 billion bushels by the end of the 2020-21 marketing year, a 33-year high that nonetheless fell below an average of trade expectations. USDA’s forecast for 2019-20 corn ending stocks, at 2.098 billion […] Read more


A corn crop west of Grunthal, Man. on Aug. 17, 2019. (Dave Bedard photo)

Global wheat, corn, soy production expected to increase

MarketsFarm — Global crop production in the latest monthly supply and demand report from the U.S. Department of Agriculture (USDA) is expected to increase for wheat, corn and soybeans. USDA released its world agriculture supply and demand estimates (WASDE) on Tuesday. The expectation is that global wheat production will be bumped up by 0.56 per […] Read more

(Dave Bedard photo)

U.S. corn production expected way up in USDA’s May WASDE

MarketsFarm — There will be sharp increases in the United States’ 2020-21 corn production — and especially in ending stocks, according to the latest monthly supply and demand report from the U.S. Department of Agriculture (USDA). The department issued its latest world agricultural supply and demand estimates (WASDE) on Tuesday. U.S. soybean planted acres and […] Read more