Insights and Stories on MGEX

Apr. 7, 2021 at 7:43 pm CDT

Chicago | Reuters — Chicago wheat futures gained on Wednesday, following the Minneapolis Grain Exchange’s hard red spring wheat higher on concerns that dryness across the U.S. Great Plains could affect spring wheat plantings. Chicago corn gained ahead of the U.S. Department of Agriculture’s monthly supply and demand report on […]

By Christopher Walljasper

Apr. 6, 2021 at 3:56 pm CDT

Chicago | Reuters — Chicago soybean futures gained on Tuesday as traders assessed the impact of a lower-than-expected U.S. plantings forecast and a rain-delayed harvest in Brazil on ever-tightening supplies of the oilseed. Corn futures were mixed, with old-crop contracts rising slightly as investors adjusted positions ahead of a monthly […]

By Christopher Walljasper

Apr. 1, 2021 at 4:05 pm CDT

MarketsFarm — Bids for Canada Western Red Spring (CWRS) and Canada Western Amber Durum (CWAD) wheats dropped while those for Canada Prairie Spring Red (CPSR) wheat made their way upward during the week ending Wednesday. Wheat futures in the U.S. were mixed, while the Canadian dollar rose. The market reacted […]

By Adam Peleshaty

Mar. 26, 2021 at 8:31 pm CDT

MarketsFarm — Bids in Western Canada were mixed this week for Canada Western Red Spring (CWRS) wheat and steady to lower for Canada Prairie Spring Red (CPSR) and durum (CWAD). Lower prices in U.S. wheat markets weighed on values, while a weaker Canadian dollar provided support. Average CWRS (13.5 per […]

By Glen Hallick - MarketsFarm

Feb. 14, 2021 at 11:13 pm CST

MarketsFarm — The large managed-money net long positions in soybean, corn and canola futures increased during the week ended Tuesday, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). Managed money fund traders were holding a net long position in ICE Futures […]

By Phil Franz-Warkentin