Insights and Stories on Wheat

Prairie cash wheat: Hard red spring wheat bids rise

Jun. 12, 2023 at 11:51 am CDT

MarketsFarm — Spring wheat bids in Western Canada were mostly higher during the week ended Thursday, as a rally in Minneapolis spring wheat futures countered the bearish influence of a rising Canadian dollar. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were up by $8.80-$10.70 per […]

USDA’s June WASDE report brings few notable changes

Jun. 9, 2023 at 5:53 pm CDT

By MarketsFarm

U.S. grains: Soybeans up as soyoil touches one-month high

Jun. 9, 2023 at 5:41 pm CDT

By Tom Polansek

U.S. grains: Wheat futures rebound

Jun. 8, 2023 at 5:18 pm CDT

By Mark Weinraub

Feed weekly outlook: Market in a waiting game

Jun. 8, 2023 at 2:51 pm CDT

By Phil Franz-Warkentin

CBOT weekly outlook: Ending stocks of corn, soy predicted to rise

Jun. 7, 2023 at 4:29 pm CDT

MarketsFarm — Ahead of supply and demand estimates from the U.S. Department of Agriculture due out Friday, analyst Tom Lilja of Progressive Ag in Fargo, N.D. predicted increases in 2023-24 ending stocks for U.S. corn and soybeans and decline for wheat. The average trade guess for wheat going into this […]

By Glen Hallick - MarketsFarm

U.S. grains: Wheat futures snap winning streak

Jun. 7, 2023 at 4:25 pm CDT

Chicago | Reuters — U.S. wheat futures fell on Wednesday, with the most-active Chicago Board of Trade soft red winter wheat contract snapping a five-session rally that had pushed prices to their highest in nearly three weeks, traders said. But concerns about export demand for U.S. supplies pulled wheat prices […]

By Mark Weinraub

U.S. grains: Corn, soybeans rise ahead of USDA report

Jun. 6, 2023 at 5:15 pm CDT

Chicago | Reuters — U.S. corn futures rose on Tuesday as investors unwound bearish bets ahead of a key government supply and demand report at the end of the week, traders said. “It is all money flow,” said Karl Setzer, brokerage research lead with Mid-Co Commodities. “When you get down […]

By Mark Weinraub

Fund traders add to bearish bets in canola

Jun. 6, 2023 at 3:33 pm CDT

MarketsFarm — Speculative fund traders added to their net short position in canola during the week ended May 30, putting on more bearish bets while also liquidating some previous longs, according to the latest Commitments of Traders report from the U.S. Commodity Futures Trading Commission (CFTC). As of May 30, […]

By Phil Franz-Warkentin

Repeat of record Australian wheat, canola crops unlikely

Jun. 6, 2023 at 2:46 pm CDT

MarketsFarm — After growing record-large wheat and canola crops in 2022-23, Australia is expected to see a significant drop in production in 2023-24 as developing El Nino weather patterns will likely cut rainfall through the growing season, according to the latest crop report from the Australian Bureau of Agricultural and […]

By MarketsFarm