Insights and Stories on Winter Wheat

Jun. 25, 2021 at 5:51 pm CDT

Chicago | Reuters — Corn and soybean futures tumbled on Friday after a U.S. Supreme Court ruling bolstered a bid by small oil refineries seeking exemptions from laws requiring them to blend ethanol or other biofuels into their products, traders said. “Each time the markets start to stabilize, having priced […]

By Mark Weinraub

Jun. 24, 2021 at 7:26 pm CDT

Chicago | Reuters — Chicago Board of Trade corn soybean futures fell on Thursday, pressured by rain in key growing areas of the U.S. Midwest this week, traders said. “I think it is probably confirmation of fairly widespread rain in areas that were in really dire straits,” said Chuck Shelby, […]

By Mark Weinraub

Jun. 23, 2021 at 7:45 pm CDT

Chicago | Reuters — U.S. wheat futures rose on Wednesday, led by gains in MGEX spring wheat contracts that firmed on concerns that dry conditions in key growing areas of the northern U.S. Plains and Canada could limit the size of the harvests. Soybean futures were lower as improving crop […]

By Mark Weinraub

Jun. 23, 2021 at 2:57 pm CDT

MarketsFarm — Hot, dry growing conditions in key spring wheat-growing regions of the northern U.S. and Canadian Prairies have seen Minneapolis (MGEX) spring wheat futures widen their spread over Chicago and Kansas City winter wheat contracts over the past few weeks — with additional strength likely given the current weather […]

By Phil Franz-Warkentin

Jun. 22, 2021 at 7:24 pm CDT

Chicago | Reuters — Forecasts for rain in the U.S. Midwest pushed corn and soybean futures lower on Tuesday, traders said. New-crop December corn, which tracks the crop that farmers will harvest in the fall, notched the biggest decline. The contract sagged 3.2 per cent as the storms are expected […]

By Mark Weinraub