CBOT November 2020 soybeans with Bollinger (20,2) bands. (Barchart)

U.S. grains: Soy futures rise on fresh China sale

CBOT wheat firm, corn eases

Chicago | Reuters — U.S. soybean futures rose to their highest level in more than seven months on Wednesday with stepped-up demand from China and dry weather threatening to cut U.S. Midwest yields supporting prices for a third day in a row, traders said. Corn eased on technical selling and profit-taking after rising to a […] Read more


CBOT weekly outlook: Markets prepare for Laura

CBOT weekly outlook: Markets prepare for Laura

Hurricane approaching U.S. Gulf Coast

MarketsFarm — Hurricane Laura, currently a Category 3 hurricane, is expected to hit the U.S. Gulf Coast late Wednesday or early Thursday but the Chicago Board of Trade is already feeling its effects. “It’s going to bring widespread rain and flooding to the Delta region, where unharvested rice, corn and soybean crops may feel a […] Read more

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

U.S. grains: Crop concerns, Chinese buying spark rallies in soy, corn

CBOT December wheat closes higher

Chicago | Reuters — Chicago Board of Trade corn and soybean futures rallied on Tuesday on rising export demand from China and concerns that deteriorating crop conditions will curtail the size of the U.S. fall harvest, traders said. Soybeans topped out at a seven-month high while corn jumped 2.6 per cent to its highest in […] Read more


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

U.S. grains: Corn, soy ease as harvest, export prospects weighed

Wheat ends higher after mixed trade

Chicago | Reuters — Chicago soybeans slipped on Thursday after a seven-month peak a day earlier, while corn eased as traders set recent storm damage against generally strong prospects for harvest yields. Wheat ended higher as traders digested competing signals for global supply. The most-active soybean contract on the Chicago Board Of Trade closed down […] Read more

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

U.S. grains: Soybeans touch seven-month high on export optimism

Wheat stays firm on demand

Chicago | Reuters — Chicago soybean futures climbed to a seven-month high on Wednesday on U.S. export optimism and concerns over continued dryness across parts of the U.S. Midwest, traders said. Chicago corn edged lower, as a Midwest crop tour estimated higher yields, offsetting storm damage concerns in Iowa. The most active soybean contract on […] Read more


(File photo by Dave Bedard)

Brandon pork plant’s exports to China suspended

Chinese protocols call for temporary pause, Maple Leaf says

New Chinese rules for exporters and a number of COVID-19 cases among its workers have led Maple Leaf Foods to temporarily halt pork traffic to China from its biggest hog plant. The company said Tuesday it has “temporarily suspended pork exports to China on a voluntary basis due to recent protocols adopted by the Chinese […] Read more

CME October 2020 live cattle with Bollinger (20,2) bands. (Barchart)

U.S. livestock: Live cattle gain as slaughter rates, beef exports rise

October lean hogs up three-quarters of a cent

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures continued to rally Thursday, holding to a nearly six-month peak in prices, as exports to China also grew, traders said. China was a big buyer of U.S. beef in the latest week, with sales of 1,927 tonnes for the period through Aug. 6, the most […] Read more


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

U.S. grains: Exports, storm damage offset big crop outlook

Corn, soy prices buck USDA forecasts; wheat rises on corn rally

Chicago | Reuters — Chicago corn prices surged to a four-week high on Thursday as forecasts of warmer weather and worries over recent storm damage in the U.S. Midwest countered pressure from huge government harvest forecasts. The corn rally also boosted wheat, as traders continue to debate how much impact the drought hammering Argentina’s farm […] Read more

CME October 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Live cattle set five-month high, beef prices rise more

USDA cuts pork production forecast

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures leapt to a five-month high on Wednesday and feeder cattle futures neared a six-month peak as boxed beef prices continued to rise. Meatpackers are paying more for cattle due to the strength of the beef market, traders said. Prices typically rise heading into Labour Day, […] Read more