Insights and Stories on Markets

Exterior of the Chicago Board of Trade building.

U.S. grains: CBOT grain, soybean futures tumble after monthly USDA data

Dec. 8, 2023 at 3:27 pm CST

U.S. soybean futures fell on Friday after the Department of Agriculture's updated estimate of Brazil's soybean harvest fell toward the high end of trade expectations, easing concerns about global supplies of the oilseed.

U.S. grains: Soybeans rally ahead of Argentina’s inauguration of Milei, U.S. export sales

Dec. 7, 2023 at 3:40 pm CST

By Brendan O'Brien Reuters

U.S. grains: Wheat rises on third day of US sales to China; soy, corn retreat

Dec. 6, 2023 at 5:01 pm CST

By Brendan O'Brien Reuters

U.S. grains and oilseeds trading South American weather/charts

Dec. 6, 2023 at 3:13 pm CST

By Phil Franz-Warkentin

U.S. grains: Wheat rallies on fresh round of purchases by China

Dec. 5, 2023 at 4:20 pm CST

By Brendan O'Brien Reuters

Baltic Dry Index at 18-month high

Dec. 5, 2023 at 12:28 pm CST

The Baltic Dry Index (BDI), a major indicator of bulk shipping rates, has climbed sharply higher over the past few weeks to hit its highest level in 18 months.

Klassen: Feeder market bounces on lower volumes

Dec. 5, 2023 at 10:04 am CST

Strength was noted in Manitoba and Saskatchewan while a softer tone was evident in Alberta. Once again, buyers shrugged off the weaker feeder cattle futures and the focus was on filling year-end orders. Alberta and Saskatchewan feedlots are carrying larger numbers but there appears to be sufficient bunk capacity available to sustain the price structure.

By Jerry Klassen

U.S. grains: wheat futures rocket higher on private sales to China

Dec. 4, 2023 at 4:31 pm CST

Chicago Board of Trade wheat rose nearly three per cent on Monday, with the most-active contract Wv1 reaching the highest level since late August after the U.S. Department of Agriculture confirmed the largest one-off private sale to China in years.

By Brendan O'Brien Reuters

U.S. Grains: Soybeans slide on predicted rains in Brazil

Dec. 1, 2023 at 3:42 pm CST

Chicago soybean futures fell on Friday as the weather forecast in drought-stricken northern Brazil promised much-needed rain for producers who are dealing with the prospect of low yields and damaged crops. Corn and wheat both ended higher as traders continued to cover short positions in both markets.

By Brendan O'Brien Reuters

Canadian spring wheat bids mixed following choppy U.S. futures

Dec. 1, 2023 at 2:17 pm CST

Spring wheat bids in Western Canada were mixed during the week ended Nov. 1, as futures in the United States hit contract lows before bouncing higher and strength in the Canadian dollar cut into basis levels.

By Phil Franz-Warkentin