Insights and Stories on Wheat

CBOT weekly: Mostly bullish influences on soy, corn, wheat

Nov. 29, 2023 at 6:11 pm CST

MarketsFarm — While extreme weather differences in Brazil remained the main focus of the Chicago Board of Trade’s attention, increased imports by China were becoming another major factor, according to Terry Reilly, senior agricultural specialist for Marex in Chicago. “People are watching China’s increased demand for soybeans, wheat and potentially […]

U.S. grains: Chicago wheat finishes higher on short covering

Nov. 29, 2023 at 5:13 pm CST

By Brendan O'Brien

U.S. grains: Soybeans up on Brazilian heat, export demand

Nov. 28, 2023 at 7:31 pm CST

By Brendan O'Brien

Speculators buy back bearish canola bets in latest report

Nov. 27, 2023 at 7:12 pm CST

By Phil Franz-Warkentin

U.S. grains: CBOT wheat futures hit contract lows

Nov. 27, 2023 at 6:41 pm CST

By Brendan O'Brien

Prairie cash wheat: Prices fall back, more so for CWRS, CPSR

Nov. 27, 2023 at 8:15 am CST

MarketsFarm — Wheat prices across the Prairies lost ground during the week ended Nov. 23, with Canada Western Red Spring and Canada Prairie Spring Red wheats incurring larger declines than those for durum. Minneapolis and Kansas City wheat futures pulled back during the week, but Chicago nudged up a little. […]

By Glen Hallick - MarketsFarm

U.S. grains: Soybeans fall as rain benefits top supplier Brazil

Nov. 24, 2023 at 7:41 pm CST

Chicago | Reuters — Chicago Board of Trade soybean futures tumbled on Friday under pressure from favourable rains in Brazil, the biggest global supplier, analysts said. The market has pulled back about five per cent since jumping last week to its highest price since August amid concerns over hot, dry […]

By Tom Polansek

CBOT weekly outlook: The three main factors affecting soybeans

Nov. 23, 2023 at 2:06 pm CST

MarketsFarm — Soybean prices on the Chicago Board of Trade (CBOT) are being pulled by three main factors, according to a trader. Ryan Ettner from Allendale Inc. in McHenry, Ill. explained that erratic weather in Brazil and Argentina is having a major effect on soybean prices, as well as Chinese […]

By Adam Peleshaty

U.S. grains: Soybeans tumble on downpours in drought-stricken Brazil

Nov. 22, 2023 at 7:26 pm CST

Chicago | Reuters — Chicago soybean futures lost more than one per cent on Wednesday as rain fell in Brazil, easing worries over the persistent dryness and heat that has plagued crops in the top exporting nation, analysts said. Wheat rose on shipping concerns in the Black Sea after Russia’s […]

By Brendan O'Brien Reuters

AAFC tweaks crop supply/demand estimates in November report

Nov. 22, 2023 at 12:09 pm CST

MarketsFarm — Agriculture and Agri-Food Canada has slightly adjusted its supply/demand estimates for November. AAFC published its latest Outlook for Principal Field Crops on Tuesday. Of Canada’s major crops, the department left the 2023-24 ending stocks for canola at one million tonnes and all wheat at 3.6 million, while all […]

By Glen Hallick - MarketsFarm