Insights and Stories on Wheat

U.S. grains: Soybeans hold firm with harvest, domestic demand in focus

Oct. 17, 2023 at 4:56 pm CDT

Chicago | Reuters — Chicago Board of Trade soybean futures firmed for a second straight session on Tuesday amid thin technical trading, as strong domestic demand eased concerns about supplies growing as the U.S. harvest continued. Corn inched down while traders monitored the U.S. harvest progress, as investors watched Israel’s […]

Fund short position grows in canola

Oct. 16, 2023 at 7:44 pm CDT

By Phil Franz-Warkentin

U.S. grains: Wheat down off two-week high on global demand

Oct. 16, 2023 at 7:16 pm CDT

By Tom Polansek

Prairie cash wheat: Most bids lower

Oct. 13, 2023 at 9:11 pm CDT

By Adam Peleshaty

U.S. grains: Soy, corn slip on profit taking, macro pressure

Oct. 13, 2023 at 7:09 pm CDT

By Karl Plume

U.S. grains: Chicago soybeans surge after USDA projects smaller soy, corn crops

Oct. 12, 2023 at 5:24 pm CDT

New York | Reuters — Chicago soybean and corn futures shot up on Thursday following a closely watched U.S. government report forecasting a smaller corn and soybean harvest than previously projected, and below an average of analysts’ estimates. The Chicago Board of Trade’s (CBOT) most-active soybean futures contract jumped about […]

By Zachary Goelman

CBOT weekly outlook: Markets react bullishly to USDA report

Oct. 12, 2023 at 4:38 pm CDT

MarketsFarm — Most of the October world agricultural supply/demand estimates (WASDE) released Thursday from the U.S. Department of Agriculture (USDA) came out lower than trade expectations, causing price jumps on the Chicago Board of Trade (CBOT). “Many people were not expecting a major (average) yield change,” Ryan Ettner, trader for […]

By Adam Peleshaty

Feed weekly outlook: Demand for feed grains ‘in a lull’

Oct. 11, 2023 at 7:50 pm CDT

MarketsFarm — Despite prices continuing to come down for feed grains in Western Canada, demand for them is currently at a standstill, according to Susanne Leclerc of Market Master Ltd. in Edmonton. “I think we’re in that lull time right now between corn and barley (deliveries) as the (U.S.) corn […]

By Adam Peleshaty

U.S. grains: Chicago soy touches 22-month low ahead of USDA report

Oct. 11, 2023 at 5:59 pm CDT

New York | Reuters — Chicago soybean and wheat futures fell on Wednesday, and corn futures firmed as the markets turned their attention to widely-followed U.S. government crop forecasts. The most-active soybean contract on the Chicago Board of Trade (CBOT) dropped 19 cents, about 1.5 per cent, to settle at […]

By Zachary Goelman

Managed money fund traders increase bearish canola bets

Oct. 10, 2023 at 7:12 pm CDT

MarketsFarm — The managed money net short position in ICE Futures canola grew to its largest level in three and a half months in early October on a combination of long liquidation and new bearish bets going on the books, according to the latest Commitments of Traders report from the […]

By Phil Franz-Warkentin