Chicago | Reuters — Chicago Board of Trade soybean futures climbed on Thursday, bolstered by eroding South American production and steady U.S. export sales. CBOT wheat and corn futures eased ahead of the U.S. Department of Agriculture’s monthly global supply and demand report due Friday, expected to reflect the potential impact of the war in […] Read more
U.S. grains: Soybeans, corn firm ahead of WASDE
Wheat down, but supported by winter crop stress
Feed weekly outlook: Low demand, fewer acres expected for cheaper feed barley
MarketsFarm — As corn became the primary feed grain at Alberta feedlots over the past few months, the demand for — and price of — feed barley have diminished over time. But according to one trader, this won’t mean demand will shift from corn to barley anytime soon. Evan Peterson of JGL Commodities in Saskatoon […] Read more
U.S. grains: Chicago soybeans, corn consolidate
CBOT wheat mixed pending sanctions
Reuters — Chicago soybeans and corn eased on Wednesday, consolidating after two days of gains, as traders watch U.S. weather and planting, while wheat traded mixed pending further sanctions against Russia following reports of civilian deaths in Ukraine. The most-active soybeans on the Chicago Board of Trade (CBOT) eased 11-1/2 cents to $16.19-1/2 a bushel […] Read more
CBOT weekly outlook: Smaller corn, soybean ending stocks expected
MarketsFarm — Ahead of the April supply and demand (WASDE) report from the U.S. Department of Agriculture on Friday, trader Ryan Ettner of Allendale Inc. at McHenry, Ill. said he’s expecting carryovers for corn and soybeans to come in below March’s estimates. Ettner has also pegged the wheat carryout to be a little bit higher. […] Read more
U.S. grains: Chicago wheat firmer on U.S. crop conditions’ decline
CBOT corn, soybeans also gain
Chicago | Reuters — Chicago wheat climbed on Tuesday as worse-than-expected U.S. crop conditions added to global supply concerns already heightened by Russia’s invasion of Ukraine. Corn and soybeans were also higher, bolstered as U.S. growers weigh last-minute planting decisions. The most active wheat contract on the Chicago Board of Trade (CBOT) ended 35 cents […] Read more
U.S. grains: Ukrainian export woes support markets
U.S. winter wheat 30 per cent good-excellent
Chicago | Reuters — U.S. wheat, soybean and corn climbed on Monday, underpinned by disrupted supplies of Black Sea grains as the conflict in Ukraine continues, while attention shifts to U.S. production. Chicago Board of Trade most-active wheat ended 25-3/4 cents higher at $10.10-1/4 a bushel (all figures US$). Soybeans added 19-1/2 cents to $16.02-1/4 […] Read more
U.S. grains: Soy extends slide, corn mixed
CBOT wheat continues lower
Chicago | Reuters — U.S. soybean futures fell for a second session on Friday, with the spot May contract dropping below US$16 a bushel for the first time in a month after the U.S. Department of Agriculture forecast record soy acreage in that country. Corn futures ended mixed. The front May contract on the Chicago […] Read more
U.S. grains: Soybeans hit one-month low on record acreage view
Chicago corn futures, MGEX wheat up
Chicago | Reuters — U.S. soybean futures fell to their lowest in a month on Thursday after the U.S. Department of Agriculture (USDA) projected farmers would plant the most acres on record to the oilseed this spring while reducing corn acres. Corn futures rose on the acreage outlook, with the Chicago Board of Trade (CBOT) […] Read more
Feed weekly outlook: Corn prices steady, growers watch weather
MarketsFarm — Days after a work stoppage at Canadian Pacific Railway (CP) came to an abrupt end, prices for corn have been relatively stable, according to one trader. Mike Fleischhauer of Eagle Commodities Ltd. in Lethbridge said there has been little price movement for the feed grain staple recently as most feedlots are already set […] Read more
Soybeans to gain, corn to lose U.S. acres, USDA report predicts
MarketsFarm — More soybean acres are projected to be seeded in the United States this year, while fewer corn acres will be planted according to a report that has surprised analysts. The U.S. Department of Agriculture (USDA) released its survey-based Prospective Plantings report on Thursday and the projected acreage numbers for two of the country’s […] Read more
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