Insights and Stories on Cbot

ICE weekly outlook: Canola steady at midweek

Aug. 19, 2020 at 8:00 pm CDT

MarketsFarm — Canola contracts at ICE Futures showed strength earlier in the week, due to comparable strength in Chicago soyoil. “Bean oil is keeping it firm,” said Ken Ball of P.I. Financial in Winnipeg — but canola was still lagging behind. “It won’t go up as much as United States […]

U.S. grains: Soybeans touch seven-month high on export optimism

Aug. 19, 2020 at 4:53 pm CDT

By Christopher Walljasper

U.S. grains: Corn retreats from month high on clearer crop outlook

Aug. 18, 2020 at 6:40 pm CDT

By Christopher Walljasper

U.S. grains: Soybeans near seven-month high as dryness threatens crop

Aug. 17, 2020 at 6:31 pm CDT

By Christopher Walljasper

Prairie cash wheat: Prices stabilize following tumultuous week

Aug. 14, 2020 at 8:09 pm CDT

By Glen Hallick - MarketsFarm

Options market operator buys last independent U.S. grain exchange

Aug. 14, 2020 at 4:10 pm CDT

Chicago | Reuters — Options exchange operator Miami International Holdings (MIH) will acquire the 139-year-old Minneapolis Grain Exchange, the last independent U.S. grain exchange, the organizations said in a statement on Friday. Best known for its flagship hard red spring wheat futures contracts, the MGEX, founded as the Minneapolis Chamber […]

By Julie Ingwersen

U.S. grains: Corn eases on profit-taking

Aug. 14, 2020 at 3:51 pm CDT

Chicago | Reuters — Chicago corn inched slightly lower on Friday, as traders questioned federal acreage data and assessed the extent of storm damage in the U.S. Midwest. Prices slipped early in the day, after a rally in the previous session pushed corn futures to a four-week high. Soybeans also […]

By P.J. Huffstutter

U.S. grains: Exports, storm damage offset big crop outlook

Aug. 13, 2020 at 4:29 pm CDT

Chicago | Reuters — Chicago corn prices surged to a four-week high on Thursday as forecasts of warmer weather and worries over recent storm damage in the U.S. Midwest countered pressure from huge government harvest forecasts. The corn rally also boosted wheat, as traders continue to debate how much impact […]

By P.J. Huffstutter

U.S. grains: Soybeans, corn up after USDA confirms massive U.S. crops

Aug. 12, 2020 at 5:37 pm CDT

Chicago | Reuters — Chicago Board of Trade corn and soybean futures rose on Wednesday as short-covering and position-squaring emerged after the U.S. Department of Agriculture confirmed expectations for massive crops, traders said. USDA, in a monthly report, said U.S. farmers will reap their biggest corn harvest and second-biggest soybean […]

By Tom Polansek

CBOT weekly outlook: Bearish USDA report generates bullish reaction

Aug. 12, 2020 at 4:56 pm CDT

MarketsFarm — There were marked increases in yields for U.S. corn and soybeans that bested market expectations in the supply and demand report from the U.S. Department of Agriculture (USDA). Despite those increases, corn and soybean futures on the Chicago Board of Trade (CBOT) didn’t react as anticipated. “We’re getting […]

By Glen Hallick - MarketsFarm