Insights and Stories on Wheat

U.S. grains: Corn choppy, wheat hits new contract low

Sep. 11, 2023 at 6:33 pm CDT

Chicago | Reuters — Chicago corn futures were choppy and wheat futures slid to the lowest level since May on Monday as traders scrambled to adjust their positions ahead of a key government crop report. Corn futures firmed late in the session on short-covering, and as market players debated how […]

Canada’s canola carryout up on year, wheat down slightly

Sep. 8, 2023 at 7:05 pm CDT

By Phil Franz-Warkentin

U.S. grains: Wheat hits three-month low

Sep. 8, 2023 at 5:44 pm CDT

By Tom Polansek

Prairie cash wheat: Prices for reds rise, amber eases back

Sep. 8, 2023 at 12:54 pm CDT

By Glen Hallick - MarketsFarm

Feed weekly outlook: Harvest pressure keeps lid on prices

Sep. 7, 2023 at 7:21 pm CDT

By Glen Hallick - MarketsFarm

U.S. grains: Soy futures stumble as trade awaits harvest, crop data

Sep. 7, 2023 at 4:39 pm CDT

Chicago | Reuters — U.S. soybean futures fell on Thursday as grain traders waited for farmers to harvest their fields and the government to release updated crop estimates next week. Most-active soybean futures ended down 16-3/4 cents at $13.59-1/2 a bushel at the Chicago Board of Trade (all figures US$). […]

By Tom Polansek

CBOT weekly outlook: Poor crop ratings keep soy, corn supported

Sep. 6, 2023 at 5:40 pm CDT

MarketsFarm — Hot and dry weather conditions cutting into crop ratings for soybeans and corn in the U.S. could see prices for both crops rise above nearby chart resistance levels, although the looming harvest may temper the upside potential. Both soybeans and corn were rated 53 per cent good-to-excellent in […]

By Phil Franz-Warkentin

U.S. grains: Soy futures jump as heat, dryness hurt crop more than expected

Sep. 6, 2023 at 4:29 pm CDT

Chicago | Reuters — Chicago Board of Trade soybean futures jumped on Wednesday after weekly U.S. government data showed crop conditions deteriorated more than expected during hot, dry weather. Reduced crop ratings fuelled expectations among traders that the U.S. Department of Agriculture may cut its yield forecast in a monthly […]

By Tom Polansek

Fund long position edges higher in canola

Sep. 5, 2023 at 6:26 pm CDT

MarketsFarm — The managed money long position in canola edged slightly higher during the week ended Aug. 29, according to the latest Commitments of Traders report from the U.S. Commodity Futures Trading Commission (CFTC). As of Aug. 29, 2023, the net managed money long position in canola futures came in […]

By Phil Franz-Warkentin

Australian crop estimates adjusted slightly lower

Sep. 5, 2023 at 6:17 pm CDT

MarketsFarm — Total 2023-24 winter crop production in Australia, at an estimated 45.2 million tonnes, is expected to be 34 per cent off the record highs hit last year but slightly above the June forecast as upward revisions to canola and barley counter a downward revision to the wheat number, […]

By MarketsFarm