CBOT May 2022 wheat (candlesticks) with MGEX May 2022 wheat (yellow line) and K.C. May 2022 wheat (orange line). (Barchart)

U.S. grains: CBOT wheat plummets 9.5 per cent

Corn, soybeans rise on strong exports

Chicago | Reuters — U.S. wheat futures fell on Thursday, with the most-active Chicago Board of Trade soft red winter wheat contract plunging 9.5 per cent as traders said the rally sparked by Russia’s invasion of Ukraine had made the grain too expensive for potential buyers. “The market is pausing to catch its breath a […] Read more




CBOT May 2022 wheat (candlesticks) with K.C. May 2022 wheat (yellow O/H/L/C) and MGEX May 2022 wheat (orange O/H/L/C). (Barchart)

U.S. grains: Wheat, soybeans touch nine-year peaks

Concerns about disrupted Black Sea region exports lift markets

Chicago | Reuters — U.S. wheat futures climbed to a more than nine-year peak on Wednesday and corn notched a fresh eight-month high as escalating Russia-Ukraine tensions threatened to disrupt supplies from the key Black Sea grain-exporting region. Soybean futures rallied to a 9-1/2 year peak as the conflict also put Black Sea sunflower oil […] Read more


CBOT March 2022 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, light green and black lines). (Barchart)

U.S. grains: Soy, corn futures extend winning streak

CBOT wheat ends mixed

Chicago | Reuters — Chicago Board of Trade soybean and corn futures rose for the third day in a row on Friday on concerns about harvests in Brazil and Argentina limiting production. Wheat futures were mixed, with concerns about potential Russian aggression against Ukraine disrupting the shipment of wheat from the key export region sending […] Read more

CBOT March 2022 soybeans (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. grains: Soy, corn rise as traders watch weather

Chicago wheat futures flat

Chicago | Reuters — U.S. soybean futures rallied on Wednesday, rising 2.3 per cent to halt a two-day fall with the market underpinned by concerns that forecast rain may be insufficient to avert further drought damage to crops in Argentina and southern Brazil. “It is the size of the crop in South America that will […] Read more


CBOT March 2022 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, dark green and black lines). (Barchart)

U.S. grains: Soy rises on South American crop woes

Wheat, corn futures rally

Chicago | Reuters — Chicago Board of Trade soybean futures rose on Friday on diminishing harvest estimates in South America, though trading remained volatile a day after prices reached a nine-month high, analysts said. Corn and wheat futures jumped on increased concerns that Russia may invade Ukraine and disrupt grain shipments from the Black Sea […] Read more

CBOT March 2022 soybeans (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. grains: Soy, corn end lower in volatile sell-off

Wheat down off early strength

Chicago | Reuters — U.S. soybean and corn futures closed lower on Thursday after a wild session, retreating after a run-up to multi-month highs as a wave of profit-taking and farmer selling overshadowed support from shrinking estimates of South American crops due to drought, analysts said. Chicago Board of Trade March soybeans settled down 20-1/2 […] Read more


A drought-hit cornfield at Nao-Me-Toque in Brazil’s Rio Grande do Sul state on Jan. 9, 2022. (Photo: Reuters/Diego Vara)

CBOT weekly outlook: More adjustments expected after lacklustre USDA report

MarketsFarm — Updated supply/demand estimates from the U.S. Department of Agriculture on Wednesday included only minor revisions, with the lacklustre report doing little to move the market. While South American production numbers were revised lower, further downward revisions are likely in subsequent reports, according to a market analyst. “We were a little surprised the USDA […] Read more

CBOT March 2022 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)

U.S. grains: Corn, soy futures set eight-month highs

USDA lowers South America corn, soy crop estimates

Chicago | Reuters — Chicago Board of Trade (CBOT) soybean and corn futures set eight-month highs on Wednesday on concerns about the risk for more unfavorable crop weather in drought-stressed growing areas of South America, traders said. The U.S. Department of Agriculture, in a monthly crop report, pegged Brazil’s soy crop at 134 million tonnes, […] Read more