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Soybeans

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

U.S. grains: Corn hits lowest since August

Chicago soybeans, wheat also drop

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Chicago | Reuters –– U.S. corn futures fell to their lowest level in more than six months on Tuesday and soybean and wheat futures also dropped on a round of end-of-month liquidation by investment funds, traders said. Soybeans notched the biggest declines, with the most-active contract falling 2.2 per cent, its biggest daily decline since
CBOT May 2023 soft red winter wheat with 20-day moving average, MGEX May 2023 hard red spring wheat (yellow line) and K.C. May 2023 hard red winter wheat (orange line). (Barchart)
Crops, Markets

U.S. grains: Wheat hits lowest since September 2021

Chicago corn, soy also fall

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Chicago | Reuters — Chicago Board of Trade wheat futures dropped 1.6 per cent to their lowest level since September 2021 on Monday as rain across key growing areas during the weekend boosted harvest prospects for the U.S. crop, traders said. Optimism that the deal allowing grain shipments from Black Sea ports in war-torn Ukraine
U.S. gives farmers shorter window to spray dicamba
News

U.S. gives farmers shorter window to spray dicamba

Move makes life difficult for growers who’ve already booked inputs

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Reuters – The U.S. Environmental Protection Agency has slightly shortened the window for farmers in major soybean-producing states to use a weedkiller criticized for drifting away from where it is sprayed. The restrictions make it harder for farmers to use dicamba, sold by agrichemical companies like Bayer AG and Syngenta, after some growers have already
CBOT May 2023 corn with Bollinger bands (20,2). (Barchart)
Crops, Markets

U.S. grains: Corn, wheat hit multi-week lows on export concerns

Hopes for Black Sea export deal pressure CBOT grains

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Chicago | Reuters — Chicago Board of Trade corn futures set a six-week low on Friday while wheat hit its lowest level in more than four weeks on concern over competition for global export business, analysts said. Technical selling helped fuel the sell-off, along with prospects for robust 2023 corn production in the U.S. and
frost on soybeans
Markets, Weather

Early frosts in Argentina threaten drought-stricken soy, corn crops

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Early frosts could hurt Argentina’s already beleaguered soy and corn crops in the south of the country’s main farming region, the Buenos Aires grains exchange said February 16 in a report. Argentina’s worst drought in six decades has already forced farmers to delay planting this season’s soy and corn crops, lowering expectations for the season’s
CBOT May 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Corn futures hit six-week low on projected plantings

Corn, soy, wheat prices to drop from 2022, USDA predicts

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Chicago | Reuters — Chicago Board of Trade corn futures hit a six-week low on Thursday as the U.S. government projected farmers will plant more acres this year and prices will decline, analysts said. The U.S. Department of Agriculture, at its annual Agricultural Outlook Forum, pegged 2023 corn plantings at 91 million acres, up from
A dried-out corn crop sits next to cotton that was planted into a dried-out cornfield, amid Argentina’s worst drought in 60 years, at Tostado in the country’s northern Santa Fe province, on Feb. 8.
Grain Markets, Markets

Canola, soybean markets await any news

Oilseed values remain within general ranges

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North American grain and oilseed futures were looking for direction in mid-February, with little news to pull values too far one way or the other. ICE Futures canola contracts drifted lower before recovering most of those losses, remaining rangebound overall. Soyoil futures in Chicago find themselves in a downtrend, but meal remains pointed higher and
CBOT March 2023 soft red winter wheat with 20-day moving average, MGEX March 2023 hard red spring wheat (yellow line) and K.C. March 2023 hard red winter wheat (orange line). (Barchart)
Crops, Markets

U.S. grains: Wheat nears one-month low on Black Sea competition

Chicago soybeans, corn also lower

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Chicago | Reuters — U.S. wheat futures fell to their lowest in nearly a month on Wednesday as an Egyptian purchase tender highlighted export competition from the Black Sea region, tempering worries about war disruption to Ukrainian supplies, analysts said. Soybean futures fell on profit-taking and expectations of increasing soy export competition from Brazil, where
CBOT March 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

CBOT weekly outlook: Wide array of factors affecting grain prices

Corn, soy see speculative profit-taking

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MarketsFarm — Recent rains in parts of South America, as well as a correction in the markets, have paused rallies in corn and soybeans on the Chicago Board of Trade (CBOT), according to one trader. Jack Scoville, vice-president of The Price Futures Group in Chicago, said that while central and southern Argentina are still mired
The Robin Hood logo still adorns the former flour mill at Port Colborne, Ont. today. (LondonAg.com)
Crops

Lake Erie grain terminal sold to main tenant

Ceres sells export facility to London Ag Commodities

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The former Robin Hood flour mill turned grain export terminal on the Ontario side of Lake Erie is under new ownership by its main user. Minneapolis-based Ceres Global Ag announced Wednesday it has sold the well-known terminal at Port Colborne, Ont., about 30 km west of Buffalo, N.Y., to London Agricultural Commodities (LAC) for US$4

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