Insights and Stories on Markets

Exterior of the Chicago Board of Trade building.

CBOT weekly update: U.S. Fed decision one of many factors

Jul. 26, 2023 at 4:41 pm CDT

Marketsfarm – The decision by the United States Federal Reserve on July 26 to raise its key interest rates mostly served as a distraction on the Chicago Board of Trade (CBOT) from other events affecting grain futures. The central bank continued its efforts to wrangle inflation by pushing interest rates […]

U.S. grains: wheat pares gains after 5-month top; corn, soybeans retreat

Jul. 25, 2023 at 4:27 pm CDT

By Julie Ingwersen

Pulse weekly outlook: recent rains could stabilize crops

Jul. 25, 2023 at 2:53 pm CDT

By Glen Hallick - MarketsFarm

EU looks to cover transport costs for Ukraine grain exports by land

Jul. 25, 2023 at 12:22 pm CDT

By Geert De Clercq Julia Payne

Bayer slashes outlook as glyphosate demand weakens further

Jul. 25, 2023 at 8:44 am CDT

By Ludwig Burger Thomas Escritt

U.S. grains: wheat soars daily limit as Russia attacks Ukrainian grain ports

Jul. 24, 2023 at 5:23 pm CDT

Chicago | Reuters – U.S. wheat futures surged 8.6% on Monday, rising their daily maximum at the Chicago Board of Trade (CBOT) after Russia attacked Ukrainian ports and grain infrastructure, including the first attack on Danube River grain warehouses. The attacks targeted a vital export route for Kyiv in an expanding […]

By Julie Ingwersen

Klassen: tight supplies continue to underpin feeder complex

Jul. 24, 2023 at 8:19 am CDT

Compared to last week, Western Canadian yearling markets traded $2-$5/cwt higher on average while calves were up $5/cwt to as much as $10/cwt in some cases. Feather light calves under 500 pounds reached fresh historical highs with 300-400 pound steers trading from $400-$450/cwt in Southern Alberta. Finishing feedlots continue to […]

By Jerry Klassen

U.S. Grains: wheat futures drop, corn weak, soybeans mixed

Jul. 21, 2023 at 4:57 pm CDT

Chicago | Reuters – U.S. wheat futures dropped 4.1 per cent on Friday, with traders locking in profits from a rally sparked by escalations in the Russia-Ukraine war that raised the prospects of export disruptions from the two key global suppliers. Corn futures also were weaker, pressured by forecasts that showed more […]

By Mark Weinraub

Fund position flips to net long in canola

Jul. 21, 2023 at 3:27 pm CDT

MarketsFarm – The managed money position in canola flipped from a net short to a net long for the first time in six months during the week ended July 18, as fund traders covered short positions and put on new bullish bets, according to the latest Commitments of Traders report […]

By Phil Franz-Warkentin

At Ag in Motion: World may face wheat shortage this year

Jul. 20, 2023 at 8:58 pm CDT

Wheat is finally becoming a “sexy” crop after years of being the ugly duckling, an analyst says. Stephen Nicholson, global grains and oilseeds strategist for Rabobank, said a series of supply-side threats is making things exciting. Canada’s crops are withering in the fields. MarketsFarm is forecasting 30.4 million tonnes of […]

By Sean Pratt