Insights and Stories on Midwest

ICE weekly outlook: Volatility to come for canola market

Jun. 30, 2021 at 5:38 pm CDT

MarketsFarm — Record-breaking temperatures in British Columbia, lingering extreme heat in the Prairie provinces and little to no precipitation have strengthened an ongoing rally in the ICE Futures canola market. One trader, however, warns that canola contracts may be in for a mercurial few weeks. “We’re clearly in a weather […]

U.S. grains: CBOT corn, soy, wheat rally as hot forecasts trump rains

Jun. 28, 2021 at 5:27 pm CDT

By Mark Weinraub

U.S. grains: Soybean futures fall after rain

Jun. 24, 2021 at 7:26 pm CDT

By Mark Weinraub

U.S. grains: Soybeans firm on long-term forecast, China demand

Jun. 21, 2021 at 3:22 pm CDT

By Karl Plume

U.S. grains: Corn, soy plunge on weather, broad commodities sell-off

Jun. 17, 2021 at 6:32 pm CDT

By Julie Ingwersen

U.S. grains: Midwest forecast supports gains in soy, corn

Jun. 8, 2021 at 7:31 pm CDT

Chicago | Reuters — U.S. corn and soybean futures rose on Tuesday after a government report showed that the condition of crops was worse than expected as a heat wave hit the U.S. Midwest. “Yesterday’s Crop Progress report provided plenty of fodder for the bulls,” Matt Zeller, director of market […]

By Mark Weinraub

U.S. grains: Weather risk adds premium to corn, soy, wheat

Jun. 4, 2021 at 3:25 pm CDT

Chicago | Reuters — Chicago corn, soybean and wheat futures gained on Friday as hot, dry conditions in parts of the U.S. Midwest threatened yield potential at a time of tight global supply. The most-active corn contract on the Chicago Board of Trade (CBOT) ended 20-3/4 cents higher at $6.82-3/4 […]

By Christopher Walljasper

U.S. grains: Soybeans, corn ease on inflation fears

Jun. 3, 2021 at 7:02 pm CDT

Chicago | Reuters — Chicago soybean and corn futures eased on Thursday, pressured by a firming dollar and fears of food price inflation, though concerns of hot, dry weather in growing areas offered support, traders said. The most-active soybean contract on the Chicago Board of Trade fell 13-1/4 cents to […]

By Christopher Walljasper

CBOT weekly outlook: Soy, corn watching weather

May. 26, 2021 at 7:33 pm CDT

MarketsFarm — Corn and soybean futures at the Chicago Board of Trade have moved off of highs hit earlier in May as good planting conditions in the U.S. Midwest weighed on values. “We’re pretty much in a weather market right now,” Scott Capinegro of Barrington Commodity Brokers in Illinois said. […]

By Phil Franz-Warkentin

U.S. grains: Corn up off one-month low

May. 26, 2021 at 4:14 pm CDT

Chicago | Reuters — U.S. corn futures recovered slightly on Wednesday from a steep selloff a day earlier as bargain buying and technical buying lifted prices from one-month lows, although gains were limited by favourable crop weather across the U.S. Midwest. Soybeans were mostly lower, extending prior-session losses on good […]

By Karl Plume