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

U.S. grains: Corn extends slide on crop prospects

Chicago | Reuters –– Chicago corn futures fell for a third straight session on Wednesday, setting life-of-contract lows as improving crop ratings and benign weather forecasts raised confidence in U.S. harvest prospects, traders said. Wheat rose, with benchmark Chicago wheat rebounding from a three-month low set a day earlier and K.C. and Minneapolis hard wheat […] Read more




(Photo courtesy Architect of the Capitol, VisitTheCapitol.gov)

Trudeau to meet with Pelosi, McConnell on USMCA

Washington | Reuters — Canadian Prime Minister Justin Trudeau this week is set to meet with Nancy Pelosi, speaker of the Democrat-controlled U.S. House of Representatives, and U.S. Senate majority leader Mitch McConnell, a Republican, in a bid to fast-track passage of a delayed trade deal, two congressional aides said on Monday. Trudeau is to […] Read more









CBOT July 2019 soybeans (candlestick chart) compared to July 2019 soybeans (orange line chart). (Barchart)

CBOT weekly outlook: Weather, trade wars keep futures volatile

MarketsFarm — Extended durations of wet spring weather continue to buoy prices on the Chicago Board of Trade — and price volatility will remain high based on long-term weather forecasts. “Whenever you’re in a weather problem phase, volatility tends to increase,” explained Terry Reilly, a grains analyst with Futures International. Currently, soybeans are trading around […] Read more