Insights and Stories on Wheat

Funds sitting on large net long in canola

Dec. 18, 2020 at 7:08 pm CST

MarketsFarm — The net long position fund traders are holding in canola futures remains historically large, with almost all of the managed money in the market sitting on the long side, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). Managed money […]

U.S. grains: Soybeans touch 6-1/2 year high

Dec. 18, 2020 at 6:38 pm CST

By Mark Weinraub

U.S. grains: Corn, wheat, soybeans rally with exports in focus

Dec. 17, 2020 at 6:48 pm CST

By Mark Weinraub

Detail from the front of the CBOT building in Chicago.

CBOT weekly outlook: $12 soybeans possible

Dec. 16, 2020 at 8:26 pm CST

By Glen Hallick - MarketsFarm

U.S. grains: Profit-taking pressures soybeans

Dec. 16, 2020 at 7:59 pm CST

By Mark Weinraub

Husky, Cenovus shareholders approve merger deal

Dec. 15, 2020 at 7:47 pm CST

Reuters — Cenovus Energy’s $6.07 billion deal to buy Husky Energy was approved by the shareholders of the two companies on Tuesday, creating Canada’s No. 3 oil and gas producer in a rapidly consolidating industry. Cenovus said 93 per cent of shareholder votes were cast in favour of the merger […]

U.S. grains: Bullish crush data sparks rally in soybeans

Dec. 15, 2020 at 7:27 pm CST

Chicago | Reuters — U.S. soybean futures rallied on Tuesday, supported by a report showing processors were busier than expected during November, adding further pressure to a tight supply base, traders said. The strength in soybeans pulled corn higher, which closed in positive territory after trading lower for much of […]

By Mark Weinraub

U.S. grains: Wheat slides on Russian export tax details

Dec. 14, 2020 at 8:52 pm CST

Chicago | Reuters — U.S. wheat futures dropped 2.9 per cent on Monday, their biggest daily sell-off in two weeks, with traders saying that Russia’s export tax plan was bearish for prices in the short term. Soybean futures were firm, supported by a rising forecast for imports by top global […]

By Mark Weinraub

Prairie cash wheat: Prices mixed

Dec. 11, 2020 at 8:28 pm CST

MarketsFarm — Wheat bids in Western Canada were across the board during the week ended Thursday. Canada Western Red Spring (CWRS) wheat was mixed, Canada Prairie Spring Red (CPSR) was higher and Canada Western Amber Durum (CWAD) lower. Gains in U.S. wheat markets provided support while strength in the Canadian […]

By Glen Hallick - MarketsFarm

U.S. grains: Wheat soars as Russia eyes export curbs

Dec. 11, 2020 at 8:04 pm CST

Chicago | Reuters — U.S. wheat futures surged on Friday on concerns about thinning global supplies after the U.S. Department of Agriculture (USDA) slashed its grain stocks outlook and as top supplier Russia pondered export curbs. Corn and soy futures also rose as tightening supplies, particularly of soybeans, and lingering […]

By Karl Plume