Insights and Stories on Crops

ICE weekly outlook: Canola enters volatile harvest period

Aug. 16, 2023 at 4:05 pm CDT

MarketsFarm — The looming harvest may keep a lid on the upside in the ICE Futures canola market over the next month as participants wait to get a better handle on the size of this year’s crop. “We’re still at the mercy of trying to determine what size of crop […]

CBOT weekly outlook: Wheat, corn likely to trend downward

Aug. 16, 2023 at 3:33 pm CDT

By Glen Hallick - MarketsFarm

U.S. says working to identify alternative paths for Ukraine grain

Aug. 16, 2023 at 3:02 pm CDT

By Daphne Psaledakis Humeyra Pamuk

U.S. grains: Corn up off low on weather, Black Sea tensions

Aug. 16, 2023 at 2:53 pm CDT

By Tom Polansek

Pulse weekly outlook: Chickpea market neither bullish nor bearish

Aug. 15, 2023 at 4:27 pm CDT

By Phil Franz-Warkentin

U.S. grains: Corn futures touch 2020 low on improved crop ratings

Aug. 15, 2023 at 4:03 pm CDT

Chicago | Reuters — Chicago Board of Trade corn futures tumbled on Tuesday to their lowest level since 2020 after a weekly report from the U.S. government showed better-than-expected crop conditions. Soybean futures also slid on improved U.S. crop ratings, while wheat reached its lowest level in more than two […]

By Tom Polansek

U.S. grains: Wheat down as traders shrug off Russian warning shots

Aug. 14, 2023 at 3:46 pm CDT

Chicago | Reuters — Chicago Board of Trade wheat futures set a two-month low on Monday on increasing estimates for Russia’s production and exports, analysts said, shrugging off a Russian warship firing warning shots at a cargo ship on its way to Ukraine. Corn futures finished near unchanged after matching […]

By Tom Polansek

Fund long position holds steady in canola

Aug. 14, 2023 at 2:08 pm CDT

MarketsFarm — The managed money long position in canola held relatively steady during the week ended Aug. 8, according to the latest Commitments of Traders report from the U.S. Commodity Futures Trading Commission (CFTC). As of Aug. 8, the net managed money long position in canola futures came in at […]

By Phil Franz-Warkentin

Prairie cash wheat: Bids run mixed to higher

Aug. 14, 2023 at 4:44 am CDT

MarketsFarm — Bids for Canada Western Red Spring (CWRS) wheat were mixed for the week ended Aug. 10, while those for Canada Prairie Spring Red (CPSR) and durum were on the rise. Scattered showers brought moisture across the Prairies, but attention has now turned to harvesting a wheat crop greatly […]

By Adam Peleshaty

Little change seen in USDA’s WASDE report

Aug. 11, 2023 at 7:58 pm CDT

MarketsFarm — August figures from the U.S. Department of Agriculture’s (USDA) world agricultural supply/demand estimates (WASDE) provided very few surprises and not much change after their release Friday. However, crop production and carryout estimates were tightened from those in July. USDA’s 2023-24 corn production estimate declined by 209 million bushels […]

By Adam Peleshaty