CBOT June 2023 soft red winter wheat with 20-day moving average, MGEX June 2023 hard red spring wheat (yellow line) and K.C. June 2023 hard red winter wheat (orange line). (Barchart)

U.S. grains: CBOT wheat gains on small harvest outlook

Corn, soybeans mostly lower

Chicago | Reuters — U.S. wheat futures rose on Friday, with traders focused on forecasts for crop shortfalls in the drought-stricken U.S. Plains, while corn and soybeans were mostly lower on a government outlook for record-large harvests of both crops. K.C. hard red winter wheat futures posted the biggest gains, surging more than four per […] Read more

CME June 2023 lean hogs with Bollinger bands (20,2). (Barchart)

U.S. livestock: Hog futures fall on weak export data

CME cattle futures mixed

Chicago | Reuters — CME Group hog futures fell on Thursday on poor export demand for pork, traders said. Cattle futures were mixed, with live cattle easing on weakening trades in the cash market. Feeder cattle contracts were supported by falling corn prices. The U.S. Agriculture Department said on Thursday morning that beef export sales […] Read more


File photo of a barley seedling. (SusanHSmith/iStock/Getty Images)

Feed weekly outlook: Short-term premiums add to fluctuations

Truckers seen trying to stay as local as possible

MarketsFarm — Although most feed grain buyers were fairly well covered through spring seeding, Susanne Leclerc of Market Master Ltd. at Edmonton said some were looking for feed to get through the coming weeks and offered premiums. “Which is a shock for seeding season,” she said, suggesting it’s best to shop around, with prices fluctuating […] Read more



(Qingwa/iStock/Getty Images)

CBOT weekly outlook: Traders, analysts anticipate WASDE report

El Nino also worth watching longer-term

MarketsFarm — While traders and analysts continue to keep an eye on weather conditions, their collective focus will momentarily shift on Friday when the U.S. Department of Agriculture (USDA) releases its monthly world agricultural supply/demand estimates (WASDE). This month’s report will be highly significant as it will announce the first U.S. crop production estimates for […] Read more



CME June 2023 lean hogs with Bollinger bands (20,2). (Barchart)

U.S. livestock: Hog, cattle futures fall on poor fundamental outlook

Corn prices expected to remain weak

Chicago | Reuters — Chicago Mercantile Exchange hog futures fell on Wednesday, as poor demand for pork smothered any bargain-buying attempts to pull prices away from contract lows hit earlier this week. Cattle contracts also were lower, but the declines were kept in check by expectations that corn prices will remain weak and keep feeding […] Read more

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

U.S. grains: CBOT corn, soy, wheat fall on bearish weather

U.S. soy planting seen at near-record pace

Chicago | Reuters — Chicago Board of Trade corn and soybean futures dropped on Tuesday, under pressure from a fast pace of planting across key production areas of the U.S. Midwest and an outlook for good growing weather once seeding is finished, traders said. Soft red winter wheat futures also weakened, with the benchmark CBOT […] Read more


(File photo by Dave Bedard)

Canola fund short position grows

Funds also net short in U.S. wheats

MarketsFarm — The managed money net short position in canola grew in early May as fund traders were busy liquidating long positions and moving more money to the short side of the market, according to the latest Commitments of Traders report from the U.S. Commodity Futures Trading Commission (CFTC). As of May 2, the net […] Read more

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

U.S. grains: Chicago soy dips, corn flat as planting progresses

No agreement yet to extend Ukrainian export shipping

Mexico City | Reuters — Chicago soybeans ended down and corn was flat on Monday, as U.S. planting progressed ahead of last year and uncertainty over whether Ukraine’s safe shipping agreement for grain exports will be extended with the deal set to expire on May 18. Corn, one of the crops exported out of Ukraine, […] Read more