Insights and Stories on Markets

U.S. grains: Wheat slips further from highs as Russia rain awaited

May. 30, 2024 at 5:36 pm CDT

Chicago wheat futures turned lower for a second straight session on Thursday, falling from 10-month highs, as traders assessed whether rain forecast in parts of Russia would halt a rapid decline in harvest estimates for the world's top exporter.

U.S. grains: Wheat loses steam after rally as traders eye Russian weather

May. 29, 2024 at 5:07 pm CDT

By Heather Schlitz Reuters

Exterior of the Chicago Board of Trade building.

U.S. grains: Wheat hits 10-month high on reduced Russian crop outlook

May. 28, 2024 at 4:49 pm CDT

By Heather Schlitz Reuters

Klassen: Demand for grass cattle pushes feeder market higher

May. 28, 2024 at 9:41 am CDT

By Jerry Klassen

U.S. grains: Wheat rises 7 per cent this week on Russia crop worries

May. 24, 2024 at 5:01 pm CDT

By Reuters Tom Polansek

U.S. grains: Wheat ends up on Black Sea crop worries, but rally seen losing steam

May. 23, 2024 at 5:54 pm CDT

Chicago Board of Trade wheat futures extended gains on Thursday after reaching a 10-month peak a day earlier, as lingering dryness and worries over the Black Sea crop continued to underpin the market.

By Heather Schlitz Reuters

CBOT Weekly: Spring wheat poised for good conditions

May. 22, 2024 at 4:33 pm CDT

Planting of the spring wheat in the United States continues to be off to an excellent start, according to Tom Lilja of Progressive Ag in Fargo. Meanwhile, the heavy rains that fell as of May 21 are very likely to lead to less corn being seeded with U.S. farmers switching to soybeans.

By Glen Hallick - MarketsFarm

U.S. grains: Wheat sets 10-month high on deteriorating Russian harvest prospects

May. 22, 2024 at 4:30 pm CDT

Chicago Board of Trade wheat futures climbed to a 10-month peak on Wednesday as worries grew about deteriorating harvest prospects in top exporter Russia, before the market turned lower.

By Heather Schlitz Reuters

U.S. grains: CBOT wheat hits July high on declining Russian crop estimates

May. 21, 2024 at 5:04 pm CDT

Chicago Board of Trade wheat futures Wv1 reached their highest level since July on Tuesday as frost damage in top-exporter Russia and lower U.S. crop ratings supported prices, traders said.

By Heather Schlitz Reuters

Klassen: Demand for grass cattle pushes feeder market higher

May. 21, 2024 at 9:21 am CDT

For the week ending May 18, Western Canadian yearling markets were trading $3 to $5 higher compared to seven days earlier. Calf prices were relatively unchanged compared to the prior week. The feeder market appears to be consolidating near historical highs.

By Jerry Klassen