Insights and Stories on Wheat

CBOT weekly outlook: Soy, corn markets’ eyes on South America

Jan. 18, 2023 at 3:42 pm CST

MarketsFarm — Soybean and corn futures at the Chicago Board of Trade were boosted by last Thursday’s bullish supply/demand estimates from the U.S. Department of Agriculture, but attention has since shifted back to South American growing conditions. “The primary thing right now is South American weather,” said market analyst Tom […]

U.S. grains: Corn, soy up off early declines on export data

Jan. 17, 2023 at 5:59 pm CST

By Julie Ingwersen

Fund traders flip back to short side on canola

Jan. 16, 2023 at 4:32 pm CST

By Phil Franz-Warkentin

Prairie cash wheat: Bids dip as loonie soars

Jan. 15, 2023 at 7:53 am CST

By Phil Franz-Warkentin

U.S. grains: Soy, corn rise on smaller U.S. harvest, Argentina drought worries

Jan. 13, 2023 at 7:47 pm CST

By Karl Plume

World wheat stocks to tighten despite larger crop, IGC says

Jan. 13, 2023 at 4:15 am CST

MarketsFarm — World wheat production in the 2022-23 marketing year will likely end up slightly higher than earlier projections, according to the latest estimates from the International Grains Council. However, with usage predictions also rising, carryout stocks were revised slightly lower. In a report released Thursday, the IGC pegged 2022-23 […]

By MarketsFarm

U.S. grains: Corn, soybeans surge after USDA cuts 2022 harvest view

Jan. 12, 2023 at 4:40 pm CST

Chicago | Reuters — U.S. corn and soybean futures rallied on Thursday after the U.S. Department of Agriculture (USDA) unexpectedly cut its 2022 harvest estimates for both crops, which would mean smaller-than-expected supplies. Wheat futures gained on spillover support from rising corn and soy. Traders largely shrugged off USDA’s larger-than-anticipated […]

By Karl Plume

CBOT weekly outlook: Bullish USDA report lifts grain markets

Jan. 12, 2023 at 3:23 pm CST

MarketsFarm — The bulls were off and running Thursday after the U.S. Department of Agriculture (USDA) released its monthly supply/demand estimates, which showed underwhelming grain production and ending stock figures for the 2022-23 marketing year. U.S. corn production was estimated at 13.73 billion bushels, 192 million below the lower end […]

By Adam Peleshaty

U.S. grains: Futures firm ahead of USDA crop data

Jan. 11, 2023 at 6:37 pm CST

Chicago | Reuters — U.S. wheat futures firmed on Wednesday as a drop to 15-month lows in the previous session sparked technical buying and short covering, and as traders took positions ahead of key U.S. government crop reports, traders said. Corn was mixed and soybeans edged higher, underpinned by concerns […]

By Karl Plume

Feed weekly outlook: Corn imports still weigh on domestic feed market

Jan. 11, 2023 at 2:14 pm CST

MarketsFarm — Ample corn imports from the U.S. continue to keep the western Canadian feed grain market under pressure, with barley bids in Lethbridge trending lower through the early days of 2023. “We started the year with cash barley trading at roughly $450 (per tonne) in Lethbridge, it’s since declined […]

By Phil Franz-Warkentin