CBOT December 2022 soft red winter wheat (candlesticks) with 20-day moving average (green line), MGEX December 2022 hard red spring wheat (yellow line) and K.C. December 2022 hard red winter wheat (orange line). (Barchart)

U.S. grains: Wheat drops as USDA raises global supply view

USDA lifts U.S. corn, soy yield views; stocks still tight

Chicago | Reuters — U.S. wheat futures fell on Wednesday after the U.S. Department of Agriculture (USDA) unexpectedly raised its global supply outlook in a monthly report, citing larger crops in Australia, the U.K. and Kazakhstan that offset lower Argentine and EU production. A firmer U.S. dollar also weighed on wheat, along with optimism about […] Read more

Green lentils. (Savany/iStock/Getty Images)

Pulse weekly outlook: Price disconnect between lentil growers, destinations

Stronger loonie pressures prices

MarketsFarm — There’s something of a disconnect in green lentil prices, between what Canadian farmers have seen recently and to where those pulses are being sold, according to Toronto-based Marcos Mosnaim of Export Packers. Green lentils increased in price up until a couple of weeks ago, Mosnaim said. “It was a combination of farmers not […] Read more


CBOT December 2022 soft red winter wheat with Bollinger bands (20,2). (Barchart)

U.S. grains: Wheat, corn, soy ease as traders await crop data

Wheat traders eye Black Sea supplies

Chicago | Reuters — U.S. grain and soybean futures on Tuesday eased on long liquidation ahead of the release of widely followed government crop forecasts on Wednesday, analysts said. The wheat market also grappled with Black Sea supply prospects as Ukraine sought to expand a grain deal allowing exports from Black Sea ports. The most-active […] Read more

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

U.S. grains: Soybeans, corn sag on worries about China demand

Upcoming USDA data in focus

Chicago | Reuters — U.S. soybean futures dropped on Monday, retreating from a six-week high, pressured by fears about export demand after top buyer China denied it was considering easing its stringent zero-COVID policy. Traders were also adjusting positions ahead of monthly supply-and-demand reports due at mid-week from the U.S. Department of Agriculture (USDA). Wheat […] Read more


(PortOfThunderBay.com)

Thunder Bay grain shipments up in October

MarketsFarm — The Port of Thunder Bay saw an increase in its grain handle in October 2022, moving 840,000 tonnes during the month. The grain exports were up by 33 per cent from September and up by eight per cent from October 2021, according to a news release. The increase was seen as a return […] Read more

CBOT December 2022 soft red winter wheat (candlesticks) with 20-day moving average (dark green line), MGEX December 2022 hard red spring wheat (yellow line) and K.C. December 2022 hard red winter wheat (orange line). (Barchart)

U.S. grains: Wheat, corn, soy end higher but below session peaks

Weaker U.S. dollar supportive

Chicago | Reuters — U.S. wheat, corn and soybean futures edged higher on Friday, recovering from overnight weakness on spillover support from friendly outside markets, traders said. “Equities went from lower to sharply higher, the dollar from higher to lower, and I think that spurred some buying in grains,” said Don Roose, president of U.S. […] Read more


CBOT November 2022 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, blue and black lines). (Barchart)

U.S. grains: Soy futures rally on strong exports

Chicago corn, wheat also firm

Chicago | Reuters — U.S. soybean futures rose 1.4 per cent on Thursday as strong export data buoyed hopes that overseas buyers will book more deals in coming weeks. Corn and wheat futures also were firm, with short-covering and technical buying underpinning the market after prices for both commodities dropped near the low end of […] Read more

CME October 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)

U.S. livestock: Live cattle futures extend gains

Chicago hog futures weak

Chicago | Reuters — Chicago Board of Trade live cattle contracts rose on Thursday, touching a fresh seven-year high, with tight supplies boosting cash market prices and lending support to futures. Hog futures eased after rising in five of the previous six sessions, but losses were kept in check by signs of good consumer demand. […] Read more


CME December 2022 live cattle (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. livestock: Cattle, hog futures rise on cash market strength

November feeder cattle also end higher

Chicago | Reuters — Chicago Board of Trade hog and cattle futures rose on Wednesday, following gains made in the cash market earlier this week, traders said. CME December lean hog futures gained 0.9 cent to settle at 87.375 cents/lb. (all figures US$). The contract faced technical resistance at the high end of its 20-day […] Read more

File photo of the Hernando de Soto Bridge as viewed from the Mud Island River Park at Memphis. (Akrassel/iStock/Getty Images)

CBOT weekly outlook: Ukraine talks, low Mississippi River pressure prices

Outside forces pile on seasonal harvest pressures

MarketsFarm — Ongoing harvests for corn, wheat and soybeans in the U.S. and a strong U.S. greenback are putting pressure on markets in the Chicago Board of Trade (CBOT). However, other factors have caused prices to come down during the week ended Tuesday. While the war in Ukraine continues to rage on, negotiations persist between […] Read more