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

U.S. grains: Soybeans climb on supportive USDA data

Corn mixed; May wheat unchanged on day

Chicago | Reuters — U.S. soybean futures rose 2.1 per cent on Friday, climbing back above US$15 a bushel for the first time since mid-March after the U.S. Department of Agriculture’s forecast for 2023 plantings and its March 1 soy stockpiles estimate both came in at the low end of trade expectations. Corn futures ended […] Read more

(Qingwa/iStock/Getty Images)

USDA supply/demand estimates show only minor updates

MarketsFarm — Updated supply-and-demand (WASDE) tables from the U.S. Department of Agriculture included only minimal adjustments to the U.S. and world numbers, with larger revisions likely in the New Year. U.S. soybean and wheat ending stocks projections for the current marketing year were left unchanged, while the corn number was raised slightly. Total U.S. corn […] Read more


(Qingwa/iStock/Getty Images)

CBOT weekly outlook: October USDA report delivers few major changes

Soy could see 'a few more days' higher

MarketsFarm — For the most part, the latest monthly supply and demand report from the U.S. Department of Agriculture provided little in terms of major changes from its September report. USDA issued its October world agriculture supply and demand estimates (WASDE) during the late morning Wednesday, with much of the data fairly close to market […] Read more

Profit is not a four-letter word

Profit is not a four-letter word

Investing directly in stocks helps participants learn about the economy and business, allowing everyone who chooses to benefit from corporate profitability

There are few words as vilified as the word “profit.” The word “oil” is probably on equal vilification footing, making “profitable oil company,” vilified squared (V² for mathematicians). Given the societal hatred for profits, why are those societies with the strongest profit incentives also those with the highest standards of living? The role of “profit” […] Read more


The USDA building in Washington, D.C. (Art Wager/iStock/Getty Images)

Larger spring wheat crop expected in U.S.

USDA expects reduced total worldwide wheat crop

MarketsFarm — Early indications point to a much larger spring wheat crop in the United States in 2022 compared to the drought-stricken 2021 crop despite the late seeding, according to the latest production estimates from the U.S. Department of Agriculture. In USDA’s first official production estimates of the growing season breaking out the different wheat […] Read more

(Dave Bedard photo)

AAFC lowers canola export forecast

Domestic canola usage raised; other crops largely unchanged

MarketsFarm — Canadian canola exports during the 2021-22 marketing year are forecast to be smaller than earlier projections, Agriculture and Agri-Food Canada (AAFC) reported late Friday. Domestic usage, however, was raised in the report, keeping ending stocks of the crop steady with the October forecast. Total Canadian canola exports in 2021-22 are now forecast at […] Read more



CBOT November 2021 soybeans with 20-, 40- and 50-day moving averages. (Barchart)

U.S. grains: Soy, corn, wheat futures slide ahead of USDA data

Planting intentions, stocks reports due Wednesday

Chicago | Reuters — U.S. soy and corn futures fell on Tuesday as traders liquidated positions and booked profits a day ahead of a pair of key crop reports from the U.S. Department of Agriculture, analysts said. Wheat also declined, with a firmer dollar hanging over the market along with spillover from broad weakness in […] Read more


(Dave Bedard photo)

Malt barley demand rises, at home and abroad

MarketsFarm — Domestic malt barley is facing pressure from both inside and outside Canada’s borders as demand for both malt and feed barley has increased. With domestic feed barley prices rising and domestic supplies shrinking with increased exports to China, high-quality malt barley has found its way to feed channels as growers look to sell […] Read more

CBOT March 2021 corn with Bollinger (20,2) bands. (Barchart)

U.S. grains: Corn tumbles as USDA projects supplies above market expectations

USDA slashes global wheat supply as feeding to increase

Chicago | Reuters — U.S. corn futures dropped on Tuesday after the U.S. Department of Agriculture (USDA) projected supplies of the grain above market expectations in a monthly report, taking prices down from 7-1/2 year highs posted earlier in the day. Soybean futures rose to a three-week top on a tighter supply outlook by USDA, […] Read more