Insights and Stories on Cbot

Funds covering shorts in canola

Apr. 3, 2020 at 6:40 pm CDT

MarketsFarm — Fund traders covered short positions in canola and moved to a net long position in Chicago soybeans during the week ended Wednesday, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position in ICE Futures […]

U.S. grains: Wheat firms after four-day slide

Apr. 3, 2020 at 5:40 pm CDT

By Christopher Walljasper

Prairie cash wheat: Prices a mixed bag

Apr. 3, 2020 at 10:03 am CDT

By Glen Hallick - MarketsFarm

U.S. grains: Wheat tumbles on weak export sales, recession fears

Apr. 2, 2020 at 4:44 pm CDT

By Karl Plume

CBOT weekly outlook: Pandemic drives Chicago prices lower

Apr. 1, 2020 at 8:07 pm CDT

By Glen Hallick - MarketsFarm

U.S. grains: Wheat posts steepest drop since August

Apr. 1, 2020 at 4:22 pm CDT

Chicago | Reuters — U.S. wheat prices fell more than three per cent on Wednesday as coronavirus fears dragged down equities markets and lifted the dollar, sending Chicago wheat futures to their steepest decline in 7-1/2 months. Soybeans fell more than two per cent, the most in 2-1/2 weeks, and […]

By Christopher Walljasper

U.S. grains: Corn drops after USDA pegs plantings above expectations

Mar. 31, 2020 at 7:11 pm CDT

Chicago | Reuters — U.S. corn futures settled lower on Tuesday after the U.S. Department of Agriculture (USDA) forecast 2020 plantings at the largest in eight years, well above trade expectations, while soybeans firmed on a lower-than-anticipated acreage outlook. A tighter-than-expected USDA quarterly corn stocks estimate limited losses, but most […]

By Christopher Walljasper Karl Plume

U.S. grains: Corn slumps as ethanol makers feel coronavirus constraints

Mar. 30, 2020 at 7:12 pm CDT

Chicago | Reuters — U.S. corn futures fell more than one per cent on Monday on slowing grain demand from ethanol makers, as tightening coronavirus pandemic travel restrictions limited demand for the biofuel. Soybeans ended mixed, with nearby contracts lifted by firm soymeal prices and concerns coronavirus restrictions may impede […]

By Karl Plume

Prairie cash wheat: Rising loonie cuts into bids

Mar. 27, 2020 at 7:59 pm CDT

MarketsFarm — Hard red spring wheat bids in Western Canada lost ground during the week ended Thursday, as the bearish influence of a strengthening Canadian dollar more than offset supportive influence from gains in U.S. futures. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down […]

By Phil Franz-Warkentin

U.S. grains: Wheat firm on Russia export quota plan

Mar. 27, 2020 at 7:18 pm CDT

Chicago | Reuters — U.S. wheat futures rose on Friday on optimism about export prospects as a Russian plan to cap grain exports for the rest of the season shifted attention back to potential supply tensions during the coronavirus pandemic. However, futures pared gains on profit-taking ahead of the weekend […]

By Julie Ingwersen