Insights and Stories on Wheat

CBOT weekly outlook: War chatter part of market chaos

Sep. 21, 2022 at 4:35 pm CDT

MarketsFarm — With the daily talk about Russia’s invasion of Ukraine, Scott Capinegro, president of Barrington Commodities at Barrington, Ill., has a special term for its effects on the Chicago Board of Trade (CBOT). “I call it the Putin rally,” he quipped, referring to Russian President Vladimir Putin, but lamenting […]

U.S. grains: Wheat up on new concerns for Black Sea supplies

Sep. 20, 2022 at 6:33 pm CDT

By Christopher Walljasper

U.S. grains: Wheat falls on Russian production outlook

Sep. 19, 2022 at 6:44 pm CDT

By Christopher Walljasper

Farmers’ wheat, canola deliveries picking up in West

Sep. 16, 2022 at 7:51 pm CDT

By Phil Franz-Warkentin

U.S. grains: Soybean futures slump on global demand concerns

Sep. 16, 2022 at 7:10 pm CDT

By Tom Polansek

Feed weekly outlook: Prairie grain bids see surprising harvest strength

Sep. 15, 2022 at 5:54 pm CDT

MarketsFarm — Feed grain bids in Western Canada have shown some strength in recent weeks, despite the advancing harvest. “We’ve been seeing a rally through harvest, which is an odd thing,” grain merchant Jay Janzen of CorNine Commodities at Lacombe, Alta. said. He tied the unseasonable strength to solid demand […]

By Phil Franz-Warkentin

U.S. grains: Wheat futures fall from two-month highs amid broad sell-off

Sep. 15, 2022 at 4:51 pm CDT

Chicago | Reuters — U.S. grain and soybean futures closed lower on Thursday, with profit-taking dragging wheat down from two-month highs, traders said. Broad-based selling added pressure on prices as traders reduced their risk amid growing warnings of a global economic slowdown, analysts said. “Inflation and recession concerns hit all […]

By Tom Polansek

StatCan’s canola call in line with expectations

Sep. 14, 2022 at 3:43 pm CDT

MarketsFarm — While Statistics Canada (StatCan) cut its projection for canola production in 2022-23 by 400,000 tonnes, FarmLink Marketing Solutions senior analyst Neil Townsend said the number could go lower. StatCan on Wednesday issued its latest production estimates and lowered its call on canola from the 19.5 million tonnes forecast […]

By Glen Hallick - MarketsFarm

Exterior of the Chicago Board of Trade building.

CBOT weekly outlook: USDA report affecting corn, soybean prices

Sep. 14, 2022 at 3:25 pm CDT

MarketsFarm — The U.S. Department of Agriculture’s (USDA) monthly world agricultural supply/demand estimates (WASDE), released Monday, have since played a major role on the Chicago Board of Trade (CBOT), one trader says. Terry Reilly, grains analyst for Futures International in Chicago, said while corn ending stocks (1.219 billion bushels) and […]

By Adam Peleshaty

U.S. grains: Soybeans, corn down on technical setback

Sep. 14, 2022 at 3:03 pm CDT

Chicago | Reuters — U.S. soybean and corn futures fell on Wednesday on a round of technical selling as traders adjusted their positions following a market rally sparked by the government’s Monday forecast for smaller-than-expected harvests. “That was a surprising number out of the U.S. Agriculture Department and the market […]

By Mark Weinraub