CBOT September 2019 wheat with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)

U.S. grains: Wheat hits one-week top after USDA report

Chicago | Reuters — U.S. wheat futures climbed to their highest in more than a week after the U.S. Department of Agriculture (USDA) lowered its forecast of global wheat production in a monthly supply and demand report on Thursday. Corn and soybeans followed the firm trend in wheat. Chicago Board of Trade September wheat settled


CBOT December 2019 wheat with 20-, 50- and 100-day moving averages. (Barchart)

CBOT weekly outlook: World wheat output seen lower than expected

MarketsFarm — Parts of the U.S. Department of Agriculture’s latest world agriculture supply and demand estimates (WASDE) have “caught the trade off guard,” according to one trader. In its report, released Thursday, USDA significantly cut production volumes in Canada, Australia, Russia and Ukraine. In total, global wheat production was down 9.4 million tonnes, and stocks

CBOT September 2019 corn with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Soy, corn, wheat firm ahead of USDA monthly data

Chicago | Reuters — U.S. soybean, corn and wheat futures closed higher on Wednesday as traders adjusted positions a day before a monthly U.S. Department of Agriculture (USDA) report in which analysts expect the government to lower its 2019 U.S. yield estimates for corn and soybeans. The report due on Thursday is drawing extra interest


Alfalfa weevil, grasshoppers cause for concern, rainfall offers some crop relief

Manitoba Crop Report and Crop Weather report for July 9

Southwest Region Normal to above normal temperature in past week has benefitted the crop development. Rainfall was very spotty and in thundershowers with varied amounts. Deloraine (20mm), Shoal Lake (16mm) but most of areas in other parts of the region got 5 to 15mm range. Crops like soybean, corn and sunflower can use significant moisture

CBOT September 2019 wheat with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Wheat, corn down on crop conditions, weather

Chicago | Reuters — Chicago corn and wheat futures settled down on Tuesday after the U.S. Department of Agriculture (USDA) raised its condition ratings for both grains and more crop-friendly weather was forecast for the Midwest. “This downward trend has been led by wheat,” said Ted Seifried of Zaner Group. “These crop conditions are absolutely



CBOT August 2019 soybeans, with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Soybeans slide in post-holiday markets

Chicago | Reuters — U.S. soybean futures settled down almost two per cent on Friday, pressured by relatively ample U.S. stockpiles as traders shrugged off support from strong weekly export sales. Analysts attributed the weakness in futures to improved U.S. crop weather and uncertainty about demand for U.S. soybeans, given large carry-over supplies from the


CBOT September 2019 wheat with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Corn climbs on crop concerns

Chicago | Reuters — Chicago corn, soybean and wheat futures all settled higher on Wednesday on technical buying and as traders adjusted positions ahead of the U.S. Independence Day holiday. The September corn contract on the Chicago Board of Trade settled up 17-3/4 cents at $4.36-3/4 a bushel (all figures US$). The August contract for

CBOT Spetember 2019 corn with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Corn settles up as crop rated below expectations

Chicago | Reuters — Chicago corn futures closed higher for the first time in five sessions on Tuesday on technical buying and lower-than-expected condition ratings for developing U.S. crops, analysts said. Following widespread U.S. planting delays this spring, traders have shifted their attention to production prospects for crops that got seeded. Periodic light rains expected