CBOT January 2022 soybeans (candlesticks) with 20-day moving average (yellow line) and December 2021 soymeal (black line, left column). (Barchart)

U.S. grains: Soybeans climb as soymeal surges

U.S. wheat nears nine-year top

Chicago | Reuters — U.S. soybean futures rose about two per cent on Friday, led by soaring soymeal futures tied to technical buying, brisk demand for the high-protein feed ingredient and logistical hurdles, traders said. Corn and wheat futures followed the higher trend, supported by tightening global grain supplies and fund-driven buying, and U.S. wheat […] Read more

(Jack Dykinga photo courtesy ARS/USDA)

Brazil clears GMO wheat flour from Argentina in global first

Sales, however, may be slow

Sao Paulo/Buenos Aires | Reuters –– Brazil on Thursday became the first country to allow imports of flour made with genetically modified wheat, though shipments of the new variety developed in Argentina are unlikely anytime soon due to opposition from Brazilian millers and global consumers. The decision may spur a broader global discussion about genetically […] Read more


CBOT December 2021 wheat (candlesticks) with 20-, 50- and 100-day moving averages (yellow, brown and dark green lines). (Barchart)

U.S. grains: Wheat hits multi-year highs on global supply worries

CBOT corn, soybeans also up

Chicago | Reuters — U.S. wheat futures hit their highest price in nearly nine years on Thursday and European wheat futures climbed to a 14-year peak, boosted by concern that exportable global supplies could tighten further, analysts said. Soybeans followed wheat higher, while corn futures ended narrowly mixed after a choppy session as traders weighed […] Read more

Kansas City (K.C.) December 2021 wheat (candlesticks) with 20-, 50- and 100-day moving averages (yellow, brown and dark green lines). (Barchart)

U.S. grains: Wheat futures rally as global stocks tighten

CBOT corn, soybeans also strong

Chicago | Reuters –– U.S. wheat futures rallied on Wednesday, with the front-month K.C. hard red winter wheat contract jumping to its highest in 7-1/2 years, on concerns about tightening global supplies and strong export demand. Corn futures also rose, with the most-active contract surging 2.6 per cent in its biggest daily percentage gain in […] Read more


ICE January 2022 canola (candlesticks) with 20- and 50-day moving averages (yellow and green lines) and CBOT January 2022 soyoil (grey line, left column). (Barchart)

ICE weekly outlook: Canola’s trend line still pointed higher

MarketsFarm — The ICE Futures canola market strengthened during the week ended Wednesday, hitting fresh highs in many contract months. “The trend remains up,” analyst Mike Jubinville of MarketsFarm Pro said. “The price of canola needs to be put at a level that discourages exports, while the domestic crushers actively pursue attaining as much of […] Read more

(Photo courtesy Canada Beef Inc.)

Feed weekly outlook: Barley, wheat prices among highest ever

MarketsFarm — Feed grain prices continue to push higher following a somewhat disappointing harvest on the Prairies this year, according to Glen Loyns, general manager of JGL Commodities at Moose Jaw, Sask. “We’re seeing upticks on all feed. Everything is up. You’re seeing high prices on wheat and barley. And you’re going to continue to […] Read more


(Dave Bedard photo)

Cargill close to resolving slow grain payments to farmers

Producers delivering now can expect their money right away, but the firm is still working on some payments for previously delivered grain

Cargill is closer to fixing problems with paying farmers promptly for their delivered grain. “They [Cargill] have worked through most of the issues,” Canadian Grain Commission spokesman Remi Gosselin said in an interview Tuesday. “Our understanding at the grain commission is that there should be no issues on a go-forward basis for future deliveries and […] Read more




CBOT January 2022 soybeans (candlesticks) with 20-day moving average (dark green line) and ICE January 2022 canola (yellow line, left column). (Barchart)

U.S. grains: Soy jumps on USDA’s surprise cut to yield estimates

Traders had expected a higher soy yield; U.S. corn carryout seen lower than last month

Chicago | Reuters — Chicago Board of Trade (CBOT) soybean futures soared on Tuesday after the U.S. Department of Agriculture reduced its estimate for domestic yields, surprising traders who were expecting an increase. USDA pegged production at 4.425 billion bushels on a yield of 51.2 bushels per acre in a monthly crop report. That was […] Read more