(Dave Bedard photo)

Fund short position hits six-month low in canola

CBOT soybeans show reduced net long

MarketsFarm — The speculative short position in ICE Futures canola fell to its smallest level in six months at the beginning of July, as fund traders covered short positions and put on some new longs. That’s according to the latest Commitments of Traders report from the U.S. Commodity Futures Trading Commission (CFTC). As of July



CBOT December 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Corn firms on technicals, short-covering

Soybeans retreat; wheat futures consolidate

Chicago | Reuters — U.S. corn futures rose on Thursday on technical buying and short covering following a two-week slide that took prices to 2-1/2 year lows. Soybean futures fell in a profit-taking retreat from multi-month highs posted after the U.S. Department of Agriculture (USDA) unexpectedly slashed its U.S. plantings estimate and as recent rains

Minnesota farmer John Peterson, who uses no-till and cover crops in his corn and soybean fields, and Anna Teeter, a conservation agronomist with Cargill, examine the soil at his farm at North Branch, north of St. Paul, Minnesota, on June 16.

Weather to make grain prices high, growing conditions dry

Acreage estimates from StatCan were bearish for canola values

June has ended and many have looked up at fireworks lighting up the night sky, celebrating holidays on both sides of the Canada/U.S. border. However, canola growers, traders and analysts will either be looking at the sky for clouds or down at weather maps. After rallying throughout the first half of June to its highest


ICE November 2023 canola with 20-, 50- and 100-day moving averages. (Barchart)

ICE weekly outlook: Canola makes huge move

Prairies' dry patches add to upswing

MarketsFarm — Canola came out of Canada Day continuing to build on gains made going into the holiday, largely due to spillover from the Chicago soy complex. The U.S. Department of Agriculture last Friday released its planted acres report, which saw soybeans lose four million acres from the 87.5 million planted in 2022, leading to

Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)

CBOT weekly outlook: Acreage at forefront in soy, corn markets

USDA estimates were bullish for soy, bearish for corn

MarketsFarm — Surprising acreage estimates released by the U.S. Department of Agriculture last Friday could remain a major feature in soybean and corn markets for the foreseeable future, as traders contemplate a much smaller-than-expected soybean acreage base and larger-than-expected corn area. “You can’t close your eyes on these acreage numbers,” said Scott Capinegro of Barrington


CBOT September 2023 soft red winter wheat with 20-day moving average, MGEX September 2023 hard red spring wheat (yellow line) and K.C. September 2023 hard red winter wheat (orange line). (Barchart)

U.S. grains: Wheat surges on slow harvesting, poor crop conditions

Corn hits 2-1/2-year low and ends mixed, soy mostly firm

Chicago | Reuters — U.S. wheat futures surged on Wednesday as slow winter wheat harvesting and deteriorating spring crop conditions fuelled buying and short covering that lifted prices from 2-1/2-week lows. The wheat rally pulled corn up from 2-1/2-year lows despite expanded plantings and recent rains that lessened concerns about drought-reduced yields. Soybeans firmed on

Manitoba regional summary of total accumulated precipitation.

Crop progress surges in Manitoba, grass conditions for cattle seen fair

Manitoba Crop Report: Issue 8 (week 27)

Overview  Crop development has been rapid. Rainfall amounts varied with storms moving through the Western and Central regions bringing heavy rain and hail in isolated areas. Fungicide application in spring wheat for fusarium head blight continues as conditions and staging allows. Canola fungicide application has also started as fields reach the correct stage for application.


CBOT November 2023 soybeans with Bollinger (20,2) bands. (Barchart)

U.S. grains: Soybeans rally on supply worries

Plantings weigh on corn; CBOT wheat also falls

Chicago | Reuters — Chicago Board of Trade (CBOT) soybean futures on Monday rallied for a second consecutive session, following a shockingly low plantings estimate from the U.S. Department of Agriculture (USDA) on Friday. Corn futures eased at the start of this holiday-shortened week, remaining at a 2-1/2 year low, on choppy technical trading, traders

CBOT November 2023 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Soy soars after USDA slashes plantings estimate

CBOT corn dives, wheat follows; soyoil runs limit-up

Chicago | Reuters — U.S. soybean futures surged about six per cent on Friday after the U.S. Department of Agriculture (USDA) reported much lower-than-expected 2023 soy plantings and June 1 inventories, while corn futures tumbled on larger-than-expected acreage. Wheat futures fell in sympathy with corn, despite a smaller-than-expected quarterly wheat stocks figure. On the Chicago