CBOT November 2023 soybeans with Bollinger bands (20,2). (Barchart)

U.S. grains: Chicago soybeans firm, risk aversion caps gains

Corn and wheat drop, export data eyed

Reuters — Chicago soybean futures edged up on Wednesday, as a declining U.S. dollar lifted the oilseeds at one point nearly one per cent before risk aversion pushed prices back toward their opening levels. Wheat declined and corn was squeezed between them in what one strategist called a seasonal “bottoming formation” for the U.S. agriculture […] Read more

CBOT December 2023 soft red winter wheat with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Chicago wheat up off three-year low after steep sell-off

CBOT corn rises, soybeans flat as Brazil plantings race forward

Reuters — Chicago wheat futures rebounded on Monday on what one analyst characterized as “bottom-picking” after prices dropped more than six per cent to three-year lows on Friday. Corn followed wheat higher, but soybeans prices remained low after news reports of Brazilian farmers planting at a rapid clip. The U.S. Department of Agriculture (USDA) late […] Read more



(Dave Bedard photo)

U.S. wheat, barley production increases in 2023

MarketsFarm — The U.S. Department of Agriculture issued its small grains 2023 summary on Friday, showing a 10 per cent increase in all wheat production in 2023 of 1.81 billion bushels. While oat production dipped one per cent at 57 million bushels, barley output rose six per cent at 185 million. U.S. wheat in 2023 […] Read more


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

U.S. grains: Corn hits one-month high ahead of USDA data

Chicago soy falls on energy drop; wheat ticks down

Reuters –– Chicago corn futures hit a one-month high on Thursday as speculators covered short positions while falling energy prices undercut a rally in oilseeds, traders and analysts said. The markets are waiting for the U.S. Department of Agriculture to issue quarterly grain stocks data on Friday. The most-active corn contract on the Chicago Board […] Read more

CBOT November 2023 soybeans with Bollinger bands (20,2). (Barchart)

U.S. grains: Soy, corn futures end up

U.S. harvests advance slower than expected

Chicago | Reuters — U.S. soybean futures ended higher on Monday as the market recovered from its lowest level since early August, while corn and wheat futures also rose. After trading ended, the U.S. Department of Agriculture reported that soy and corn harvests advanced more slowly last week than analysts expected. The soybean crop was […] Read more


CBOT December 2023 corn with Bollinger bands (20,2). (Barchart)

U.S. grains: Corn up off near-three-year lows

CBOT soybeans, wheat end lower

New York | Reuters — U.S. corn futures rose on Tuesday on bargain-buying after prices touched the lowest levels in nearly three years, but gains were limited by expectations of an ample harvest and weak export demand, traders said. Soybeans ended lower after choppy trading, setting a one-month low on pressure from better-than-expected U.S. crop […] Read more

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

CBOT weekly outlook: Prices for U.S. soybeans, corn where they should be

USDA report calls for tightest soy carryout in eight years

MarketsFarm — There have been no surprises in the price movement for U.S. soybeans and corn on the Chicago Board of Trade following the release of the U.S. Department of Agriculture’s monthly supply and demand report. “This was a case [for soybeans] where the trade expected even tighter ending stocks. That 220 million bushels matched […] Read more


(Christophe Paul photo courtesy USDA)

USDA adjusts soy, corn outlooks in September report

U.S. wheat usage, carryout estimates shift

MarketsFarm — The U.S. Department of Agriculture made a number of slight changes to its forecast on soybeans and corn for 2023-24, while keeping its domestic wheat numbers from August. USDA on Tuesday issued its monthly world agricultural supply and demand estimates, adjusting its forecast on this year’s soybean yields at 50.1 bushels per acre, […] Read more

(OceanFishing/iStock/Getty Images)

Numerous revisions to USDA’s data on Canadian canola

Outlooks raised for ending stocks, cut for domestic use

MarketsFarm — Canola production numbers for Canada as estimated by the U.S. Department of Agriculture underwent several changes for the 2022-23 and 2023-24 crop years. The data for Canada was among the estimates USDA’s Foreign Agricultural Service (FAS) put in its monthly report, Oilseeds: World Market and Trade. The FAS dropped its production estimates on […] Read more