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K.C. March 2020 wheat with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat, corn ease after rallies

Chicago soybean futures firm

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Chicago | Reuters — U.S. wheat and corn futures fell on Wednesday on profit taking from the previous session’s strong rally, grain dealers said. Bargain buying pulled the grain contracts from their session lows ahead of the close. “Yesterday was probably a little overdone in the wheat market,” said Jim Gerlach, president of Indiana-based A/C […] Read more
MGEX March 2020 spring wheat with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

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

Chicago soybean futures weaken

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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 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soy up on prospects for Chinese demand

U.S. dollar strength drags on wheat, corn

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Chicago | Reuters — U.S. soybean futures rose on Thursday, rallying from early declines on short-covering and prospects for China to step up purchases of U.S. supplies as the U.S.-China Phase One deal goes into effect in days, traders said. But wheat and corn futures fell, pressured by a stronger U.S. dollar, worries about economic […] Read more
(USDA.gov via Flickr)
Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Soy, corn wait for next big thing

By ,
MarketsFarm — Soybean and corn futures at the Chicago Board of Trade have recovered off of nearby lows, but remain rangebound overall waiting for fresh news to push values one way or the other. The U.S. Department of Agriculture holds its Agriculture Outlook Forum on Feb. 20-21. USDA’s first acreage and supply/demand estimates for the […] Read more
CBOT March 2020 wheat with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat sags on adequate world supplies, fund selling

Corn follows wheat lower; soy flat

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Chicago | Reuters — U.S. wheat futures fell to a seven-week low on Tuesday as signs of adequate global supplies and softening world cash prices triggered a round of what appeared to be fund-driven long liquidation, analysts said. Corn futures also fell while soybeans ended flat to fractionally higher after the U.S. Department of Agriculture […] Read more
CBOT March 2020 wheat with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat, corn up on technical buying, export optimism

Soybean traders remain cautious

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Chicago | Reuters — U.S. corn and wheat futures rose on Thursday on chart-based buying and short-covering coupled with optimism about prospects for U.S. agricultural export sales to China, traders said. Soybean futures firmed but trailed the advances in grains. Chicago Board of Trade March corn settled up 4-1/4 cents at $3.83-1/2 per bushel after […] Read more
Members of Grain Farmers of Ontario sport a banner outside a provincial cabinet minister’s office in 2015. (File photo by Ralph Pearce)
Crops, Soybeans

GFO quits Grain Growers of Canada

Grain Farmers of Ontario flags national group's 'governance' and structure

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Grain Farmers of Ontario has dropped out of Grain Growers of Canada. The Ontario organization, which represents about 28,000 barley, corn, oat, soybean and wheat farmers in the province, cited a lack of representation in the national policy group. GFO publicly announced its withdrawal in a news release on Thursday, days after it informed the […] Read more

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