CBOT July 2020 wheat with Bollinger (20,2) bands. (Barchart)

U.S. grains: Wheat ends week down four per cent

Soybean, corn futures firm

Chicago | Reuters — U.S. wheat futures fell on Friday and recorded their biggest weekly slide in a month, dragged down by rising global stockpiles and improving crop prospects in Europe that signal strong competition for export business, analysts said. Soybean and corn futures closed modestly higher in rangebound trade. Chicago Board of Trade July […] Read more



CBOT July 2020 wheat with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Wheat nears two-month low on export competition

Corn, soybean futures also sag

Chicago | Reuters — U.S. wheat futures slid to a near two-month low on Wednesday, testing psychological support at the $5-per-bushel mark, pressured by forecasts for rising global grain supplies and strong export competition, analysts said. Soybean and corn futures also declined as a speedy U.S. planting pace supported expectations for large harvests. Traders shrugged […] Read more

(USDA.gov via Flickr)

CBOT weekly outlook: Global grain stocks exert pressure

MarketsFarm — A forecast of sizeable global ending stocks is weighing on values at the Chicago Board of Trade (CBOT), according to Terry Reilly, senior commodity analyst for Futures International in Chicago. The U.S. Department of Agriculture (USDA) on Tuesday issued its monthly supply and demand report in which it forecast global corn carryout to […] Read more


(Dave Bedard photo)

U.S. corn production expected way up in USDA’s May WASDE

MarketsFarm — There will be sharp increases in the United States’ 2020-21 corn production — and especially in ending stocks, according to the latest monthly supply and demand report from the U.S. Department of Agriculture (USDA). The department issued its latest world agricultural supply and demand estimates (WASDE) on Tuesday. U.S. soybean planted acres and […] Read more

CBOT July 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Soybeans up on export demand

USDA data awaited

Chicago | Reuters — U.S. soybean futures firmed on Monday, reaching a 3-1/2 week high on fresh export sales to top global buyer China, traders said. Corn and wheat futures drifted lower as traders adjusted positions a day ahead of a monthly supply/demand report from the U.S. Department of Agriculture in which analysts expect the […] Read more


CBOT July 2020 soybeans with Bollinger (20,2) bands. (Barchart)

U.S. grains: Soybeans climb on Chinese buying ahead of crop report

Wheat wrestles with demand concerns, weather woes

Chicago | Reuters –– Chicago soybean futures climbed for a second session to a three-week high on Friday as Chinese buying underpinned prices and traders squared positions ahead of a supply and demand report due next Tuesday. Corn also rose on word China may increase agricultural buying to fulfill commitments laid out in January under […] Read more

CBOT July 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Futures rebound on Chinese buying, Midwest frost concerns

Freezing forecast raises concern about Midwest crops

Chicago | Reuters — U.S. grain and soybean futures prices rebounded on Thursday on renewed Chinese buying of corn and soy and as forecasts for sub-freezing temperatures across the country stoked concerns that some vulnerable crops may sustain damage. Gains, however, were tempered by plentiful supplies and worries about demand as traders started positioning ahead […] Read more


(Photo courtesy Canada Beef Inc.)

Trump asks U.S. Justice Department to look into meat price disparities

Washington | Reuters — U.S. President Donald Trump said on Wednesday he had urged the Justice Department to look into allegations that the meatpacking industry broke antitrust law because the price that slaughterhouses pay farmers for animals had dropped even as meat prices rose. “I’ve asked the Justice Department to look into it. … I’ve […] Read more

CBOT July 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Choppy markets settle lower as demand destruction persists

Corn, soybeans down slightly as traders square positions

Chicago | Reuters — U.S. corn and soybean futures fell slightly on Tuesday as traders squared positions at month-end. A faster-than-average U.S. seeding pace in the U.S. Department of Agriculture’s (USDA) Monday crop conditions report pressured corn futures, while traders noted the condition of U.S. winter wheat was not as good as expected. Demand for […] Read more