CBOT March 2023 soybeans with Bollinger bands (20,2). (Barchart)

U.S. grains: Soy sags as Brazil’s harvest looms

Wheat mixed, corn ends firm

Chicago | Reuters — U.S. soybean futures fell about one per cent on Wednesday as traders focused on the expanding harvest of a likely record-large soy crop in Brazil and positioned for the U.S. Federal Reserve’s decision on interest rates, analysts said. Wheat futures ended mixed, with the most-active March contract down on profit-taking, while […] Read more

CBOT March 2023 soft red winter wheat with 20-day moving average, 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 futures firm; technical resistance weighs

Chicago soybeans up, corn down

Chicago | Reuters — Chicago wheat futures gained on Tuesday as traders eye winter wheat conditions across the U.S. Plains amid a second frigid cold snap this season, though futures struggled against technical resistance. Soybeans futures ended up, though prices were pressured by a correction in the soymeal charts, traders said. Corn futures ended lower, […] Read more


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

U.S. grains: Soybeans firm as Argentina drought worries persist

Cold snap in U.S. brings renewed wheat damage fears

Chicago | Reuters — Chicago soybeans climbed on Monday, underpinned by concern that drought-damaged crops in Argentina could face more dry weather. Wheat inched higher after climbing to four-week highs earlier in the session on fears a cold snap in U.S. grain belts could lead to crop damage, while potential escalations in the Russia-Ukraine war […] Read more



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

U.S. grains: Soy futures weak, corn firm

Wheat mixed ahead of weekend

Chicago | Reuters — U.S. soybean futures fell on Friday on expectations that recent rains in Argentina boosted crop potential from that key South American exporter, traders said. Wheat futures were mixed, with the most-active Chicago Board of Trade soft red winter wheat contract sagging on position squaring after notching its biggest weekly gain in […] Read more

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

U.S. grains: Wheat, soy, corn up on strong export report

South America crop progress limits corn, soy gains

Chicago | Reuters — U.S. wheat, corn and soybeans jumped on Thursday on support from a government report that showed strong overseas demand for all three commodities, traders said. “We had some decent export sales compared to what we have seen the last few weeks and that trend, particularly for corn and wheat, is likely […] 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 futures rise on Ukraine war concerns

March corn sags, March soybeans up

Chicago | Reuters — U.S. wheat futures rose on Wednesday on concerns that any intensification of Russia’s war on Ukraine could clog the export pipeline from those two major exporters. “I think the market is trying to price in an increasing likelihood that an escalation … turns into a European theatre war,” said Mike Zuzolo, […] 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: Chicago wheat, corn climb after weather pressure

Investor optimism on economy helps underpin grains

Chicago | Reuters — Chicago wheat and corn futures firmed on Tuesday, supported by investor optimism after easing a day earlier on precipitation in both Argentina and the U.S. Plains. Soybean futures began the day firmer but failed to maintain support as forecasts in South America call for more rain. The most-active wheat contract on […] Read more

(Thinkstock photo)

Prairie cash wheat: Prices step back

U.S. wheat futures down on week

MarketsFarm — Wheat prices declined on the Canadian Prairies during the week ended Thursday, as a stronger Canadian dollar and losses in the U.S. wheat complex weighed on values. Pressure came from expanded all-wheat acres to be planted in the United States, 48.84 million expected in 2023 versus the 45.7 million planted in 2022. The […] Read more