Insights and Stories on Markets

U.S. grains: Soybeans hold firm with harvest, domestic demand in focus

Oct. 17, 2023 at 4:56 pm CDT

Chicago | Reuters — Chicago Board of Trade soybean futures firmed for a second straight session on Tuesday amid thin technical trading, as strong domestic demand eased concerns about supplies growing as the U.S. harvest continued. Corn inched down while traders monitored the U.S. harvest progress, as investors watched Israel’s […]

Pulse weekly outlook: Smaller North American dry bean crops to underpin prices

Oct. 17, 2023 at 3:13 pm CDT

By Phil Franz-Warkentin

U.S. grains: Wheat down off two-week high on global demand

Oct. 16, 2023 at 7:16 pm CDT

By Tom Polansek

U.S. grains: Soy, corn slip on profit taking, macro pressure

Oct. 13, 2023 at 7:09 pm CDT

By Karl Plume

U.S. grains: Chicago soybeans surge after USDA projects smaller soy, corn crops

Oct. 12, 2023 at 5:24 pm CDT

By Zachary Goelman

CBOT weekly outlook: Markets react bullishly to USDA report

Oct. 12, 2023 at 4:38 pm CDT

MarketsFarm — Most of the October world agricultural supply/demand estimates (WASDE) released Thursday from the U.S. Department of Agriculture (USDA) came out lower than trade expectations, causing price jumps on the Chicago Board of Trade (CBOT). “Many people were not expecting a major (average) yield change,” Ryan Ettner, trader for […]

By Adam Peleshaty

Feed weekly outlook: Demand for feed grains ‘in a lull’

Oct. 11, 2023 at 7:50 pm CDT

MarketsFarm — Despite prices continuing to come down for feed grains in Western Canada, demand for them is currently at a standstill, according to Susanne Leclerc of Market Master Ltd. in Edmonton. “I think we’re in that lull time right now between corn and barley (deliveries) as the (U.S.) corn […]

By Adam Peleshaty

U.S. grains: Chicago soy touches 22-month low ahead of USDA report

Oct. 11, 2023 at 5:59 pm CDT

New York | Reuters — Chicago soybean and wheat futures fell on Wednesday, and corn futures firmed as the markets turned their attention to widely-followed U.S. government crop forecasts. The most-active soybean contract on the Chicago Board of Trade (CBOT) dropped 19 cents, about 1.5 per cent, to settle at […]

By Zachary Goelman

U.S. grains: Soybeans lifted by bright report on export demand

Oct. 10, 2023 at 5:54 pm CDT

New York | Reuters — Chicago soybean futures rose on Tuesday, rebounding sharply from early losses on lift from technical trading and data showing a pickup in exports of the U.S. oilseeds. Corn prices weakened, and wheat futures fell sharply. The most-actively traded Chicago Board of Trade soybean contract rose […]

By Zachary Goelman

Klassen: Steam evaporates off yearling market

Oct. 10, 2023 at 1:18 am CDT

Compared to last week, western Canadian yearling markets traded steady to $4 lower. The yearling quality continues to fade as thicker flesh levels are starting to appear. Steer calves were down $4-$8 on average while heifer calves were down $15 to as much as $20 in some cases. From a […]

By Jerry Klassen