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

U.S. grains: Wheat futures rally, pull corn higher

Chicago soybean futures weaken

Chicago | Reuters — U.S. wheat futures surged 4.5 per cent on Tuesday, their biggest gain since May, as cuts to the harvest outlook in Australia bolstered prospects for U.S. exports, traders said. The rally in wheat, which closed near session highs as technical buyers entered the market after the early strength, underpinned the corn […] Read more

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

U.S. grains: Soybeans rise for third session

Chicago | Reuters — U.S. soybean futures rose modestly on Wednesday as strength from global equity markets and soyoil futures offset worries about export demand for U.S. oilseeds, traders said. Wheat futures firmed on technical buying. But corn drifted lower in rangebound trade as uncertainty about demand hung over the market. Chicago Board of Trade […] Read more


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

U.S. grains: Soybeans, corn end higher

Chicago | Reuters — U.S. grain and soybean futures firmed on Tuesday, supported by a broad rebound in equity markets following losses sparked by a coronavirus outbreak in China, analysts said. Worries about harvest delays in Brazil’s soybean areas added support. Chicago Board of Trade March soybeans settled up 2-1/2 cents at $8.79-1/2 per bushel, […] Read more




Forecaster Drew Lerner speaks at Ag Days 2020 in Brandon. (Manitoba Co-operator photo by Alexis Stockford)

Favourable growing conditions forecast for major ag regions

MarketsFarm — Canadian producers looking for challenging growing conditions elsewhere in the world to prop up commodity prices may be disappointed during the 2020 growing season. South America “If you’re looking for any help from South America for your canola or soybeans or corn, you’d better look somewhere else,” Drew Lerner, president of World Weather […] Read more