Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)

U.S. grains: Soybeans buoyed by higher crude oil; wheat sags

Chicago | Reuters — U.S. soybean futures rose on Tuesday, rallying from a seven-week low struck a day earlier, as strong crude oil prices lifted soyoil futures and traders weighed expectations that the leaders of United States and top global soy buyer China will speak this week. Corn futures bounced after dipping to multi-month lows […] Read more


The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)

U.S. grains: Soybeans fall to seven-week low; corn eases, wheat climbs

Chicago | Reuters — Chicago Board of Trade soybean and soyoil futures fell to their lowest levels in seven weeks on Monday on worries about demand for U.S. oilseed supplies and generally favorable crop weather, analysts said. Corn futures followed soybeans lower. But wheat futures rose on short-covering as a Ukrainian drone attack in Russia […] Read more










Research based on the financial statements of almost 3,000 Illinois corn and soybean farmers suggests farmers in aggregate are likely to sell four per cent more of their stored grain every time capital costs go up by one per cent.  Photo: File

Sharp drop in canola stocks

StatCan releases grain stocks as of March 31 report

Statistics Canada reported total canola stocks have plummeted over the last year. The federal agency released its grain stocks as of March 31 report on May 8. Also in the StatCan report, all wheat stocks declined moderately and there were other significant changes.