Insights and Stories on Midwest

Apr. 12, 2023 at 6:14 pm CDT

MarketsFarm — All eyes in the Chicago grain and oilseed markets are focused on weather conditions as the South American harvest progresses and North American farmers begin seeding their next crop. The U.S. Department of Agriculture’s monthly supply/demand report (WASDE), released Tuesday, left ending stocks projections for both soybeans and […]

By Phil Franz-Warkentin

Sep. 26, 2022 at 7:47 pm CDT

Chicago | Reuters — U.S. wheat futures fell more than two per cent and corn and soybeans followed the weaker trend on Monday, as fears of a global economic downturn, a rising dollar and expectations of a bumper wheat crop in Russia weighed on commodity markets, analysts said. Forecasts for […]

By Julie Ingwersen

Sep. 6, 2022 at 4:08 pm CDT

Chicago | Reuters — U.S. soybean futures fell 1.5 per cent on Tuesday as Argentina’s decision to offer farmers a better exchange rate for their crops threatened to raise export competition at a time when U.S. offerings typically dominate the market. “It just makes more product readily available short-term,” said […]

By Mark Weinraub

Aug. 25, 2022 at 6:43 pm CDT

Chicago | Reuters — Chicago Board of Trade soybeans, wheat and corn futures fell on Thursday on a profit-taking setback after rallying earlier in the week, traders said. “We are just running into a bit of technical resistance across the board,” said Dan O’Bryan, a risk management specialist and broker […]

By Mark Weinraub

Jul. 13, 2022 at 6:46 pm CDT

Chicago | Reuters — U.S. corn futures gained 1.5 per cent on Wednesday, supported by concerns that hot and dry weather in the U.S. Midwest could cut into harvest yields, traders said. Soybean futures also were firm, recovering from sharp declines after the U.S. Agriculture Department’s monthly world agricultural supply […]

By Mark Weinraub