Insights and Stories on Wheat

IGC boosts estimates for global corn, soy production

May. 18, 2023 at 7:41 pm CDT

MarketsFarm — The International Grains Council (IGC) on Thursday bumped up its forecast for total global grain production for 2023-24 to a record 2.294 billion tonnes, raising outputs for corn and soybeans but reducing its call for wheat. Compared to the IGC’s April report, it added three million tonnes to […]

U.S. grains: July corn down on poor exports, strong crop prospects

May. 18, 2023 at 6:43 pm CDT

By Julie Ingwersen

U.S. grains: Corn hits 18-month low on crop prospects

May. 17, 2023 at 5:20 pm CDT

By Julie Ingwersen

U.S. grains: Soy, corn tumble on improving crop prospects, export competition

May. 16, 2023 at 6:59 pm CDT

By Julie Ingwersen

U.S. grains: Wheat rises four per cent on U.S. crop outlook

May. 15, 2023 at 7:51 pm CDT

By Julie Ingwersen

Canola fund short position narrows slightly in early May

May. 15, 2023 at 4:22 pm CDT

MarketsFarm –– Fund traders were buying back short positions and putting on some new longs in the canola futures market during the first full week of May, causing the net short position to narrow in slightly, according to the latest Commitments of Traders report from the U.S. Commodity Futures Trading […]

By Phil Franz-Warkentin

Record U.S. corn, soybean crops for 2023-24, USDA says

May. 12, 2023 at 6:57 pm CDT

MarketsFarm — The United States may be in the midst of growing record-breaking corn and soybean crops if the U.S. Department of Agriculture (USDA) is correct. USDA on Friday released its monthly world agricultural supply/demand estimates (WASDE), which included its first U.S. production estimates for 2023-24. The report also provided […]

By Adam Peleshaty

U.S. grains: CBOT wheat gains on small harvest outlook

May. 12, 2023 at 6:43 pm CDT

Chicago | Reuters — U.S. wheat futures rose on Friday, with traders focused on forecasts for crop shortfalls in the drought-stricken U.S. Plains, while corn and soybeans were mostly lower on a government outlook for record-large harvests of both crops. K.C. hard red winter wheat futures posted the biggest gains, […]

By Julie Ingwersen

Feed weekly outlook: Short-term premiums add to fluctuations

May. 11, 2023 at 4:06 pm CDT

MarketsFarm — Although most feed grain buyers were fairly well covered through spring seeding, Susanne Leclerc of Market Master Ltd. at Edmonton said some were looking for feed to get through the coming weeks and offered premiums. “Which is a shock for seeding season,” she said, suggesting it’s best to […]

By Glen Hallick - MarketsFarm

U.S. grains: Bargain buying pulls soy up off lows

May. 11, 2023 at 3:49 pm CDT

Chicago | Reuters — Chicago Board of Trade soybean futures rose on Thursday, snapping a three-session losing streak as a wave of bargain buying hit the market after prices sank to their lowest in 6-1/2 months, traders said. Corn and wheat futures fell, with poor demand for U.S. supplies pushing […]

By Mark Weinraub