CBOT March 2023 corn with 20-, 30- and 50-day moving averages. (Barchart)

U.S. grains: Corn up off three-week lows on technicals, Argentine drought

Wheat sinks to 15-month low on weak U.S. exports; soybeans also down

Chicago | Reuters — U.S. corn futures ended mixed on Tuesday after a technical and bargain-buying bounce from three-week lows faded as dull demand for U.S. exports overshadowed concerns about Argentina’s drought-reduced harvest. Soybeans ended mostly lower while wheat fell to its lowest in 15 months on good global supplies and weak demand for U.S.


(Dave Bedard photo)

Fund traders back on the long side in canola

Net long also extended in CBOT corn, soy

MarketsFarm — Speculators in ICE canola moved back to a net long position in the futures to start the New Year, according to the latest Commitment of Traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money long position in ICE Futures canola came in at 6,805 contracts on Jan.

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

U.S. grains: Corn, soy, wheat end lower as market awaits USDA reports

Grain trade also monitoring Brazil

Chicago | Reuters — U.S. corn futures fell on Monday for the sixth time in seven sessions and wheat and soybeans finished mostly lower, as investors weighed weather-reduced production in some areas of South America against tepid demand for U.S. supplies. Wheat futures also retreated as late-session technical selling eroded earlier support from a weaker



(Thinkstock photo)

Prairie cash wheat: Bids lower as futures take a hit

CWRS values mixed; CPSR and durum down

MarketsFarm — Coming out of the holiday season, most western Canadian wheat bids were slightly lower for the week ended Thursday, as wheat futures in the U.S. continued to be bearish. U.S. wheat exports continue to fall behind last year’s pace, as cheaper Russian wheat floods the market due to a potential record crop and


CBOT March 2023 soft red winter wheat with Bollinger bands (20,2). (Barchart)

U.S. grains: Wheat posts biggest weekly loss in six months

Soybeans, soymeal rally on Argentina drought

Chicago | Reuters — Chicago Board of Trade wheat futures weakened on Friday and posted their biggest weekly decline in six months as ample supplies from the Black Sea region weighed on prices, analysts said. Soybean and soymeal futures rallied amid increasing concerns about drought hurting crops in Argentina, the world’s leading exporter of processed



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

U.S. grains: Wheat up off nearly four-week low

Corn, soy futures set two-week lows

Chicago | Reuters — Chicago Board of Trade wheat futures turned higher on short-covering and bargain buying on Thursday after dropping to their lowest price in almost four weeks, analysts said. Corn and soybeans set two-week lows as concerns about demand and economic headwinds, including the impact of surging COVID-19 cases in China, continued to

Cattle receive supplemented feed at the Myhre farm near Crane River, Man.

2022 a series of unanticipated swings

YEAR IN REVIEW: From famine-to-flood moisture and derailed supply chains, there was plenty of volatility to go around

If last year was the bomb dropping, this year saw the aftermath. Farmers started the year by coming off one of the worst and widespread droughts in decades. For younger producers who weren’t farming in the 1980s, it was probably the worst drought they’ve ever seen. There were heartbreaking stories of herd dispersals, feed shortages