Insights and Stories on Ending Stocks

Nov. 9, 2021 at 5:19 pm CST

MarketsFarm — There has been a rally at the Chicago Board of Trade (CBOT) following the release of the monthly supply and demand report from the U.S. Department of Agriculture (USDA — but it’s unlikely for that rally to continue, an analyst said. Soybeans jumped in excess of 25 cents […]

By Glen Hallick - MarketsFarm

Nov. 9, 2021 at 4:11 pm CST

Chicago | Reuters — Chicago Board of Trade (CBOT) soybean futures soared on Tuesday after the U.S. Department of Agriculture reduced its estimate for domestic yields, surprising traders who were expecting an increase. USDA pegged production at 4.425 billion bushels on a yield of 51.2 bushels per acre in a […]

By Tom Polansek

Nov. 8, 2021 at 3:50 pm CST

Chicago | Reuters — Chicago Board of Trade soybean and corn futures slumped on Monday as traders adjusted positions before the release of key U.S. Department of Agriculture crop and inventory forecasts on Tuesday.   Big U.S. harvests, near-perfect weather for planting in Brazil and signs of slowing purchases by […]

By Tom Polansek

Oct. 22, 2021 at 6:54 pm CDT

Chicago | Reuters — Chicago wheat rose on Friday, supported by global supply concerns and an easing dollar. Corn followed wheat higher, but gains were dragged down by pressure from a lower soybean market as U.S. farmers reap better-than-expected harvests of the oilseed. The most-active wheat contract on the Chicago […]

By Christopher Walljasper

Oct. 21, 2021 at 3:17 pm CDT

MarketsFarm — Canadian wheat carryout for the 2021-22 crop year will be even tighter than earlier forecasts, according to updated supply/demand estimates from Agriculture and Agri-Food Canada (AAFC), released Wednesday. The October report included only minor adjustments for most crops, with the most notable change from September being a 500,000-tonne […]

By Phil Franz-Warkentin