Insights and Stories on Markets

Short position in canola edges lower, while soybeans/corn rise

Jul. 15, 2024 at 10:31 am CDT

The managed money short position in canola futures edged lower in the latest data, while bearish bets in soybeans hit their largest level in five years and the net short position in corn set a new record, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).

Exterior of the Chicago Board of Trade building.

U.S. grains: Corn futures turn higher on surprise old-crop stocks forecast

Jul. 12, 2024 at 3:04 pm CDT

By P.J. Huffstutter Reuters

U.S. grains: Wheat, corn and soybeans rebound ahead of data

Jul. 11, 2024 at 5:26 pm CDT

By Heather Schlitz Reuters

U.S. grains: Soy futures fall to 2020 low on strong US crop prospects

Jul. 10, 2024 at 3:49 pm CDT

By Heather Schlitz Reuters

CBOT weekly: Good weather leads to new lows in Chicago soybeans and corn

Jul. 10, 2024 at 2:03 pm CDT

By Phil Franz-Warkentin

U.S. grains: Wheat, corn recover after slide; soy hits 2020 low

Jul. 9, 2024 at 4:04 pm CDT

Chicago wheat and corn futures ticked higher on Tuesday after sharp declines on Monday, while most-active soybean futures closed at their lowest point in nearly four years, as expectations of ample supplies from northern hemisphere harvests hung over the market.

By Heather Schlitz Reuters

Klassen: Buyers tasting feeder cattle prices for fall run

Jul. 9, 2024 at 9:25 am CDT

For the week ending July 2, Western Canadian yearling prices were steady to $5 higher compared to seven days earlier for larger packages. Small groups of 800-pound-plus cattle were $10 to $15 discounted to pen-sized lots. Calf markets were relatively unchanged from the prior week, although volume was limited. There is significant open demand for yearlings and finishing feedlot operators are watching how prices develop.

By Jerry Klassen

U.S. grains: Soybean, grain futures drop on expectation of positive crop report

Jul. 8, 2024 at 4:46 pm CDT

Chicago Board of Trade soybeans and corn futures on Monday dropped to around the lowest prices in four years, as traders expected a positive picture of U.S. crop progress from the U.S. Department of Agriculture (USDA) in a report due later in the day.

By P.J. Huffstutter Reuters

U.S. grains: US wheat futures up on strengthening demand

Jul. 5, 2024 at 3:30 pm CDT

Chicago Board of Trade wheat futures spiked on Friday amid an uptick in demand for U.S. wheat due to a weaker dollar and the availability of desirable new-crop wheat, traders said.

By Heather Schlitz

U.S. grains: Soybean futures recover from four-year low

Jul. 3, 2024 at 4:20 pm CDT

Chicago Board of Trade soybean futures rose on short covering on Wednesday after nearing a four-year low this week on concerns about large supplies and lackluster U.S. export demand, analysts said.

By Reuters Tom Polansek