CBOT May 2019 wheat with Bollinger (20,2) bands. (Barchart)

U.S. grains: Wheat posts steepest weekly decline in half a year

Chicago | Reuters — U.S. wheat prices fell on Friday and posted their steepest weekly decline since late August as technical selling and competitive global supplies pressured prices. Soybean and corn prices rose, rebounding from earlier losses, but gains were capped on concerns surrounding strong export competition. The most-active wheat contract on the Chicago Board

(File photo)

U.S. wins WTO ruling on Chinese grains

Geneva | Reuters — The United States won a World Trade Organization ruling on China’s price support for grains, successfully challenging a calculation methodology that is also used by India. A WTO adjudication panel agreed on Thursday with the U.S. complaint that China had paid farmers too much for wheat, Indica rice and Japonica rice



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

U.S. grains: Soybeans fall as trade concerns weigh

Chicago | Reuters — U.S. soybean prices fell on Thursday despite stronger-than-expected export sales as investors worried that an eagerly awaited trade deal between Washington and Beijing remained elusive. Wheat and corn also fell as heavy deliveries against the March contracts weighed on the market. There were 820 deliveries against CBOT March soybeans, 400 deliveries


Average (CWRS) prices ranged from about $239 per tonne in western Manitoba to as high as $265 in southern Alberta.

Western Canadian wheat bids slide downward

Minneapolis, Kansas City and Chicago May wheat futures were all down on the week

Wheat bids in Western Canada were down for the week ended Feb. 22, as the Canadian dollar gained ground during the week and U.S. futures dropped. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down by $2-$12, according to price quotes from a cross-section of delivery points compiled by PDQ




CBOT May 2019 soybeans with Bollinger (20,2) bands. (Barchart)

U.S. grains: Soybeans firm on trade hopes

Chicago | Reuters — U.S. soybean futures climbed to a 2-1/2-week high on Monday on hopes for a trade agreement between Washington and Beijing and after China vowed late last week to make additional U.S. soybean purchases. Wheat futures plunged around four per cent to fresh contract lows on technical selling and concerns about stiff



ICE Futures canola trended lower during the week ended Feb. 15.

Ungainly supplies, lack of demand dragging on canola

Assorted drama in the U.S. added a cautious tone to trade

ICE Futures canola contracts trended lower in the front months during the week ended Feb. 15, moving below chart support in the process as a number of factors conspired to weigh on values. The nearby March contract fell below the psychological $480-per-tonne level on Feb. 14, setting the stage for a test of the nearby