(Thinkstock photo)

Prairie cash wheat: Little change in wheat bids

U.S. wheat futures up on week

MarketsFarm — Despite bullish factors affecting wheat futures on the Chicago Board of Trade (CBOT), western Canadian wheat bids did not see much change during the week ended Thursday. Futures prices for all three major U.S. varieties increased week-by-week, mostly fuelled by large gains on Feb. 10, as traders shifted focus to Russia’s invasion of

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

U.S. grains: Soy, corn, wheat inch higher ahead of holiday weekend

Chicago markets close Monday for Presidents Day

Chicago | Reuters — Chicago Board of Trade corn, soybean and wheat futures closed modestly higher on Friday as traders squared positions ahead of a three-day U.S. weekend and weighed contrasting crop prospects in South America, analysts said. Uncertainty about the future of a Black Sea grain export corridor underpinned values, while a firming dollar


CBOT March 2023 soybeans (candlesticks) with 20-day moving average and November 2023 soybeans (dark green o/h/l/c). (Barchart)

U.S. grains: Soybeans end higher in choppy trade

CBOT corn mixed, wheat down; MGEX, K.C. wheats up

Chicago | Reuters — U.S. soybean futures inched higher on Thursday while corn ended narrowly mixed after a choppy session as traders weighed poor crop prospects in Argentina against the expanding harvest of a massive Brazilian soybean crop and fears of rising interest rates, analysts said. Chicago Board of Trade (CBOT) wheat futures fell on

Oats. (Greg Berg photo)

Feed weekly outlook: Grain bids quietly drift lower

Oats still making their way into feedlots

MarketsFarm — Prices for feed barley and wheat in Western Canada drifted lower during the week ended Wednesday. Erin Harakal, trade manager for Agfinity Inc. at Stony Plain, Alta., said a relatively milder winter across the Prairies has resulted in less consumption of feed grains in feedlots. In turn, feedlots are not purchasing as much


One Canada Square (tower at centre) houses the London head office of the International Grains Council. (Iliffd/iStock/Getty Images)

IGC makes changes in corn, soybean supply outlook

Council makes only minor tweaks in wheat

MarketsFarm — There are some notable changes to the monthly report from the International Grains Council (IGC), primarily in corn and soybeans. The London-based IGC on Thursday issued new supply and demand estimates, pointing to reduced agricultural production such as in Argentina as the main reason for the changes. That’s despite increased output in Brazil

Ukraine grain exports down 29.2 per cent in 2022/23

Ukraine grain exports in the 2022/23 season, which runs through to June, are down 29.2 per cent to 28.2 million tonnes so far, due to a smaller harvest and logistical difficulties caused by the Russian invasion, agriculture ministry data showed February 8. The volume included about 10.1 million tonnes of wheat, 16.2 million tonnes of


The MKK1, a Palau-flagged bulker carrying grain under the United Nations’ Black Sea grain initiative, is towed free after running aground in the Bosphorus strait near Istanbul on Jan. 16. The grain initiative is next set to expire in mid-March.

Wheat market waits for a lift

Circumstances seem to be setting up for a positive price breakthrough

There was little to find in terms of surprises within the U.S. Department of Agriculture’s (USDA) monthly supply/demand estimates released on Feb. 8 — and even less so with wheat. Ending stocks for U.S. wheat were projected at 568 million bushels, only one million more than in USDA’s January report and right between the low

CBOT March 2023 soft red winter wheat with 20-day moving average, MGEX March 2023 hard red spring wheat (yellow high/low/close) and K.C. March 2023 hard red winter wheat (orange H/L/C). (Barchart)

U.S. grains: Wheat, corn, soy down on stronger U.S. dollar, interest rate fears

Uncertainty over Black Sea deal underpins corn, wheat

Chicago | Reuters — U.S. wheat futures fell more than two per cent on Wednesday and corn and soybeans followed the trend lower, pressured by a stronger U.S. dollar and fears of more interest rate hikes by the Federal Reserve, analysts said. Fundamental news for grains and oilseeds was thin, leaving markets stuck within recent


Global food systems currently do not prevent malnutrition.

Comment: How science and innovation can strengthen global food systems

From 3-D printed food to the cultivation of ‘orphan’ crops, there are clearly identified goals

Food systems, from production to consumption, are complex in nature and require co-ordinated efforts at different levels. Food systems are the public policy decisions, the national and global supply chains and the public or private individuals and groups that influence what we eat. Unfortunately, current global food systems are not sustainable. One in nine people

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

CBOT weekly outlook: Values pull back from upper ranges

Early U.S. estimate of planting intentions due out next week

MarketsFarm — Despite some bullish influences, commodity prices at the Chicago Board of Trade (CBOT) were stepping back in mid-February. That movement wasn’t a surprise to Scott Capinegro of Barrington Commodity Brokers in Barrington, Ill. Prices for corn, soybeans and wheat had been at the upper end of their ranges, he said. “We are still