Chicago | Reuters — U.S. soybean futures ended down about one per cent on Wednesday on macroeconomic worries as the dollar bounced and brokers awaited more information on the size of the U.S. harvest, analysts said. Wheat futures closed lower after a choppy session but corn eked out a higher close as traders awaited fresh […] Read more
U.S. grains: Soy sags on recession fears, firm dollar
Corn inches higher, wheat down on day
Tiny pea leaf weevil spreads across vast prairie landscape
The adults leave tell-tale signs but it’s their offspring that wreak havoc below ground
Reading Time: 4 minutes Pea leaf weevils have completed their eastward trek across the Prairies, and while they’re generally not a huge issue, pea and faba growers need to learn the habits of these hard-to-spot pests. Adult pea leaf weevils are tiny and were first found in Canada near Lethbridge in 2000. By 2019, they had crossed the Manitoba […] Read more
U.S. barge backlog swells on parched Mississippi River
Chicago | Reuters –– Commercial barge traffic on southern stretches of the Mississippi River was at a standstill on Tuesday as low water levels halted shipments of grain, fertilizer and other commodities on the critical waterway, shipping sources said. The supply chain snarl comes just as harvesting of corn and soybeans, the largest U.S. cash […] Read more
U.S. grains: Corn, soy rise on broad commodities strength
Chicago December wheat dips
Chicago | Reuters — U.S. corn and soybean futures closed higher on Tuesday, following broad strength in commodity and equity markets tied to easing concerns about the global economy, traders said. The dollar index retreated from two-decade highs set last week, softening after Australia’s central bank surprised investors with a smaller-than-expected interest rate hike. The […] Read more
U.S. grains: CBOT wheat retreats after nearing three-month high
USDA reported lower-than-expected corn stocks Friday; soy harvest progress exceeds expectations
Chicago | Reuters — Chicago Board of Trade wheat futures settled lower on profit-taking on Monday after approaching a three-month high reached during the previous session, traders said. The setback in wheat futures came after a reduced official estimate of the U.S. harvest and heightened tensions in the Ukraine war put renewed attention on global […] Read more
U.S. grains: Wheat soars on new data, Russia’s annexation move
Corn climbs on smaller stocks; soybeans dip after bigger-than-expected stocks
Chicago | Reuters — Chicago wheat spiked on Friday, supported by a drastic cut to U.S. production estimates by the Agriculture Department, and Russia’s annexation of parts of Ukraine followed by increased U.S. sanctions. Corn climbed on smaller-than-expected U.S. stockpiles, while soybeans sank after USDA noted increased stores of the oilseed. The most-active wheat contract […] Read more
U.S. grains: Soybeans firm on exports, mixed harvest results
CBOT wheat eases after earlier gains; Russia's annexation plans in focus
Chicago | Reuters — Chicago soybean futures inched higher on Thursday, supported by strong export sales after lower trade much of the week as harvest progresses across the U.S. Midwest, though some farmers report lower-than-anticipated yields, analysts said. Corn and wheat eased ahead of Friday’s U.S. Department of Agriculture (USDA) quarterly U.S. grain stocks and […] Read more
U.S. grains: Wheat up on war worries
Corn, soy also firm despite recession fears
Chicago | Reuters — U.S. wheat futures rose more than three per cent on Wednesday, supported by fears of escalating conflict between major grain exporters Russia and Ukraine, as well as dry conditions in the U.S. Plains crop belt, analysts said. Corn followed wheat futures higher and soybeans closed up fractionally, shaking off pressure from […] Read more
CBOT weekly outlook: ‘Lots of moving parts’ in grain markets
MarketsFarm — As the U.S. dollar strengthened to levels unseen in 20 years over the past week, the prices for many commodities took a tumble, including Chicago Board of Trade (CBOT) corn, wheat and soybeans. However, other factors are in play when it comes to prices, according to one trader. “You’re coming into harvest here. […] Read more
U.S. grains: Wheat rises on short-covering, Ukraine worries
Soy turns lower; corn ends up but down off day's high
Chicago | Reuters — U.S. wheat futures rose 1.6 per cent on Tuesday as worries about escalating conflict in Ukraine and a pause in the U.S. dollar’s run-up to 20-year highs spurred a round of short-covering, traders said. Corn futures also firmed but pared gains by the close, and soybean futures turned lower on technical […] Read more
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