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CBOT weekly outlook: Headlines, geopolitics drive prices

MarketsFarm — To Terry Reilly, about the only things driving the Chicago Board of Trade (CBOT) are headlines and geopolitics developments. “Traders are trading headlines,” Reilly, an analyst for Futures International in Chicago, said in reference to the latest developments in U.S.-China trade talks. Reports on Wednesday morning said the two countries were close to […] Read more

(Dave Bedard photo)

Trade’s crop estimates vary ahead of StatsCan report

MarketsFarm — Barley and canola production expectations vary ahead of Statistics Canada’s production of principal field crops report, due out Friday. In September, the federal agency estimated Canada’s barley production to total just less than 10 million tonnes, two million higher than the final count for the 2018-19 growing year. However, some trade estimates are […] Read more


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

U.S. grains: Soy rises on trade hopes

Chicago | Reuters — U.S. soybean futures rose on Wednesday, buoyed by renewed optimism about a U.S.-China trade deal as well as some bargain buying, traders said. Corn futures were lower, giving up early gains on technical selling, while wheat futures firmed after two days of sharp declines. Investors were reassured by a Bloomberg report […] Read more

China has boosted its wheat imports from Canada in the wake of the U.S.-China trade war, Ivy Li says. (MarketsFarm photo by Glen Hallick)

Grain World: Beijing analyst brings different perspective

Saskatoon | MarketsFarm — Ivy Li brought a much different perspective about China to the Grain World conference in Saskatoon. Specializing in Chinese agricultural markets, the Beijing-based independent analyst veered away from the usual statements that often cast China as the bad guy on the world stage. Also, Li pointed out, Canada has been doing […] Read more


As the wheat matured, some of the wheat heads weren’t turning the typical bright yellow but instead were much darker in colour and had striped kernels.

Crop advisor casebook: Wheat heads not your typical yellow fellows

A Crop Advisor's Solution from the December 3, 2019 issue of Grainews

Back in mid-August, I got a call from Jay after he noticed something wasn’t right with his wheat crop. Jay, who is a grain producer in the Provost region, had just finished scouting one of his fields planted to CWRS wheat. He was alarmed to see that as his wheat matured, some of the wheat […] Read more

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

U.S. grains: Wheat futures drop sharply

Chicago | Reuters — Chicago Board of Trade soft red winter wheat futures sagged 1.8 per cent on Tuesday, the biggest percentage loss for the most-active contract in two months, on a round of profit-taking and technical selling, traders said. U.S. corn futures closed narrowly mixed, with nearby contracts weighed down by the drop in […] Read more