CBOT January 2020 soybeans with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)

U.S. grains: Soybeans slide, nearing support at US$9

Chicago | Reuters — U.S. soybean futures fell to their lowest in almost two months on Thursday as uncertainty about progress in U.S.-China trade talks overshadowed support from stronger-than-expected weekly U.S. export sales, analysts said. Wheat futures also declined, backing down from a two-week high, but corn futures rose on signs of improving export and […] Read more



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CBOT weekly outlook: Impeachment process stifles markets

MarketsFarm — U.S. President Donald Trump’s impeachment hearings have dominated headlines and stalled progress in numerous trade developments, leaving the Chicago Board of Trade (CBOT) starved of meaningful news. The Canada-U.S.-Mexico Agreement (CUSMA) has yet to be ratified by the U.S. House of Representatives. The trade pact, meant to replace the North American Free Trade […] Read more

CBOT December 2019 wheat with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Wheat futures climb on short-covering

Chicago | Reuters — U.S. wheat futures hit their highest in nearly a week on Tuesday as declining U.S. wheat condition ratings and worries about Southern Hemisphere crop prospects fueled a round of short-covering, analysts said. Corn firmed on signs of improving export prospects and soybean futures closed modestly higher. Chicago Board of Trade December […] Read more



(File photo by Dave Bedard)

Fund traders hold steady in canola

MarketsFarm — Commodity fund traders are maintaining a steady short position in ICE Futures canola, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position in ICE Futures canola came in at 53,576 contracts on Tuesday, steady with the previous week. Open […] Read more