Insights and Stories on Markets

CBOT weekly outlook: Chicago soy, corn find chart support

May. 24, 2023 at 9:32 pm CDT

MarketsFarm — Soybean and corn futures at the Chicago Board of Trade were testing lows in mid-May but appeared to have found some support for the time being. “We’re getting a little technical bounce off these lows,” said John Weyer, director of commercial hedging with Walsh Trading in Chicago. He […]

U.S. grains: Profit-taking pressures wheat futures

May. 24, 2023 at 7:34 pm CDT

By Mark Weinraub

U.S. grains: Wheat up off two-year low, pulls corn higher

May. 23, 2023 at 6:46 pm CDT

By Mark Weinraub

Klassen: Weather forecasts underpin feeder market

May. 22, 2023 at 10:02 pm CDT

By Jerry Klassen

U.S. grains: Corn, soy futures rally

May. 22, 2023 at 5:54 pm CDT

By Mark Weinraub

Feed weekly outlook: Barley market steady for now

May. 19, 2023 at 5:29 pm CDT

MarketsFarm — Feed barley bids in Western Canada continue to hold steady, while attention in the market turns to the new crop going into the ground. “There currently is an uptick in demand for quick movement presenting good opportunities for producers ready to sell,” Alberta grain brokerage Agfinity said in […]

By Phil Franz-Warkentin

U.S. grains: Chicago futures roil as U.S. debt ceiling talks halt

May. 19, 2023 at 5:00 pm CDT

Chicago | Reuters — Chicago Board of Trade (CBOT) soybean futures slid sharply on technical trading on Friday, as investors rushed to liquidate their positions ahead of the weekend, traders said. The most-active soybean contract fell to the lowest prices seen since July — and several new-crop soybean contracts also […]

By P.J. Huffstutter

U.S. grains: July corn down on poor exports, strong crop prospects

May. 18, 2023 at 6:43 pm CDT

Chicago | Reuters — Benchmark U.S. corn futures fell on Thursday to their lowest in 19 months, pressured by disappointing export data and prospects for big U.S. crops, analysts said. Soybean futures hit a 10-month low, and wheat futures slipped more than two per cent as an extension of a […]

By Julie Ingwersen

ICE weekly outlook: Unclear where canola wants to go

May. 17, 2023 at 6:47 pm CDT

MarketsFarm — While the ICE Futures canola market declined during the week ended Wednesday, the oilseed has been affected by a mixture of supports and pressures, according to commodities futures advisor David Derwin of PI Financial in Winnipeg. The July canola contract dropped $20.60 per tonne during the week to […]

By Adam Peleshaty

CBOT weekly outlook: North Dakota corn growers switch to soy, sunflower

May. 17, 2023 at 5:46 pm CDT

MarketsFarm — Faced with a late start due to wet conditions, North Dakota farmers are changing their spring planting plans. They’re switching from corn to crops such as soybeans and sunflowers, according to analyst Tom Lilja of Progressive Ag in Fargo. “Guys just started rolling here on [May 14 and […]

By Glen Hallick - MarketsFarm