Insights and Stories on Futures

Fund traders flip back to short side on canola

Jan. 16, 2023 at 4:32 pm CST

MarketsFarm — After briefly holding a net long position to start the New Year, speculators were back holding a net short position in canola in the second week of January as they liquidated long positions and put on some new bearish bets. The latest Commitments of Traders (CoT) report compiled […]

Prairie cash wheat: Bids dip as loonie soars

Jan. 15, 2023 at 7:53 am CST

By Phil Franz-Warkentin

U.S. livestock: CME live cattle end firm on tight supplies, lower weights

Jan. 13, 2023 at 7:51 pm CST

By Karl Plume

U.S. grains: Soy, corn rise on smaller U.S. harvest, Argentina drought worries

Jan. 13, 2023 at 7:47 pm CST

By Karl Plume

U.S. livestock: CME lean hogs end mixed, cattle mostly lower

Jan. 12, 2023 at 5:29 pm CST

By Karl Plume

U.S. grains: Corn, soybeans surge after USDA cuts 2022 harvest view

Jan. 12, 2023 at 4:40 pm CST

Chicago | Reuters — U.S. corn and soybean futures rallied on Thursday after the U.S. Department of Agriculture (USDA) unexpectedly cut its 2022 harvest estimates for both crops, which would mean smaller-than-expected supplies. Wheat futures gained on spillover support from rising corn and soy. Traders largely shrugged off USDA’s larger-than-anticipated […]

By Karl Plume

CBOT weekly outlook: Bullish USDA report lifts grain markets

Jan. 12, 2023 at 3:23 pm CST

MarketsFarm — The bulls were off and running Thursday after the U.S. Department of Agriculture (USDA) released its monthly supply/demand estimates, which showed underwhelming grain production and ending stock figures for the 2022-23 marketing year. U.S. corn production was estimated at 13.73 billion bushels, 192 million below the lower end […]

By Adam Peleshaty

ICE weekly outlook: Canola likely rangebound until spring

Jan. 11, 2023 at 7:03 pm CST

MarketsFarm — Unless something very dramatic were to happen in the coming weeks, canola futures on the ICE Futures platform will remain rangebound at least until spring, according to David Derwin, analyst with PI Financial in Winnipeg. “Canola has been very rangebound for the last six to seven months,” he […]

By Glen Hallick - MarketsFarm

U.S. grains: Futures firm ahead of USDA crop data

Jan. 11, 2023 at 6:37 pm CST

Chicago | Reuters — U.S. wheat futures firmed on Wednesday as a drop to 15-month lows in the previous session sparked technical buying and short covering, and as traders took positions ahead of key U.S. government crop reports, traders said. Corn was mixed and soybeans edged higher, underpinned by concerns […]

By Karl Plume

U.S. livestock: CME hogs drop as pork cutout sinks to near two-year low

Jan. 11, 2023 at 6:30 pm CST

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell on Wednesday for the ninth time in 10 sessions as weak cash hog prices and lower pork values dragged the market to a fresh three-month low, traders said. Pork packer margins have eroded and the closely followed cash wholesale […]

By Karl Plume