ICE March 2023 canola with 20-, 50- and 100-day moving averages. (Barchart)

ICE weekly outlook: Sideways canola market watching macros

USDA report may offer nearby direction

MarketsFarm — ICE Futures canola contracts remain stuck in a sideways trading range to start the New Year, with bearish outside forces countered by relatively supportive fundamentals. From a chart standpoint, March canola is stuck in a sideways range between $800 and $900, with little to suggest a break one way or the other for […] Read more

File photo of the facade of the U.S. Department of Agriculture building in Washington, D.C. (Camrocker/iStock/Getty Images)

CBOT weekly outlook: USDA ‘data dump’ due next week

'Minor changes' expected for corn, soy

MarketsFarm — A flurry of reports is coming from the U.S. Department of Agriculture (USDA) on Jan. 12, including its monthly supply and demand estimates, quarterly grains stocks report and winter wheat planting report, among others. Futures International analyst Terry Reilly said the multitude of the reports coming out that Thursday will essentially be a […] Read more


CBOT March 2023 wheat with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Wheat, corn futures hit two-week lows on demand concerns

Wheat futures curbed by cheaper Black Sea supplies; U.S. Plains wheat ratings dip in Kansas

Chicago | Reuters — U.S. wheat and corn futures set two-week lows on Wednesday as concerns about weakening demand hung over commodity markets. Investor worries about economic headwinds, including the impact of a surge of COVID-19 cases in China, were encouraging selling in commodities, analysts said. Chart-based selling also weighed on the grain markets, they […] Read more

While there is a lot of interest in camelina production for the biofuel industry, processors have shown it is not a one-trick oilseed.

Camelina poised for a comeback

Demand from the renewable fuel industry is one of many reasons to grow camelina this year and in the future

As western Canadian farmers consider cropping plans for 2023, they may want to give some thought to growing camelina. It is a crop name from the past that is making a comeback and by all accounts there is strong market demand. Camelina was somewhat of a flash in the pan 15 or more years ago, […] Read more



CBOT March 2023 soft red winter wheat with 20-day moving average (green line), MGEX March 2023 hard red spring wheat (yellow line) and K.C. March 2023 hard red winter wheat (orange line). (Barchart)

U.S. grains: Wheat, corn, soybeans sag as traders reduce risk in new year

Stronger U.S. dollar pressures grain futures

Chicago | Reuters — Chicago Board of Trade (CBOT) grain and soybean futures closed lower on Tuesday as the dollar rallied and broad-based selling hit a range of markets, analysts said. Oil prices also tumbled, pressured by a gloomy economic outlook, while U.S. stocks struggled. Gains in the dollar made U.S. commodities, including farm products, […] Read more



(Thinkstock photo)

Prairie cash wheat: Bids lower despite supportive factors

March CBOT, K.C. wheats up on week

MarketsFarm — Despite concerns related to cold weather in the U.S., war in Ukraine and rising numbers of COVID-19 infections in China, most western Canadian wheat bids were lower for the week ended Thursday. Profit-taking in wheat futures was evident on the Chicago Board of Trade (CBOT), as March contracts for both Kansas City hard […] Read more


Grain bins in a Saskatchewan field. (MysticEnergy/iStock/Getty Images)

Feed weekly outlook: Grain, price movement ongoing over holidays

Colder weather stymies deliveries

MarketsFarm — With the Christmas break come and gone, more grain is being delivered to feedlots, according to one Lethbridge trader. Mike Fleischhauer of Eagle Commodities Ltd. said that despite the holiday season, in which lighter activity is expected, there was still some movement in feed grain prices. Wheat and barley were both valued at […] Read more

CBOT March 2023 soybeans (candlesticks, right column) with 100-day moving average (black line) and CBOT March 2023 soybean meal (yellow line, left column). (Barchart)

U.S. grains: Soybeans post fourth straight annual gain on supply concerns

Weather concerns, farmer selling give wheat, corn prices a boost

Chicago | Reuters — Chicago soybeans rose on Friday and posted a sharp yearly rise, amid strong export demand and as drought in major exporter Argentina keeping the focus on supply tensions in the oilseed market. Concerns over drought in Argentina, the world’s largest exporter of soyoil and soymeal, and strong export demand drove Chicago […] Read more