Editor’s Take: Getting with the times

Editor’s Take: Getting with the times

I have many memories, when I was a kid, of trips to the elevator. We’d roll up the driveway and earthen ramp, into the building and over the pit. The man on duty that day — and back then it was always a man — would greet my father as we stepped off the scale.



CBOT March 2022 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, dark green and black lines). (Barchart)

U.S. grains: Soy, corn futures extend rally

South American weather woes remain 'concerning'

Chicago | Reuters — Chicago Board of Trade soybean and corn futures extended a rally to new multi-month peaks on Wednesday as dry weather in some South American growing belts stoked supply concerns. Wheat futures rose for a fifth straight session, tracking corn and soy while also drawing support from brisk global demand and Ukraine



Two combines harvest wheat near Moree, Australia, October 27, 2020.

Drop in global output of bread-making wheat sparks hunt for supplies

From drought to too much rain, top-quality wheat supplies are under pressure

Reuters – A leading Middle Eastern flour miller paid over US$23 million in October for a high-grade Australian wheat cargo and is willing to pay 10 per cent more now for a similar consignment, but is unable to seal a deal as exporters can’t find enough food-grade grain. The miller is one of dozens of global importers

CBOT March 2022 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)

U.S. grains: Corn, soybeans hit summertime-level highs

Dryness in Brazil and Argentina in view for soy and corn; investors show renewed appetite for risk, traders say

Chicago | Reuters — Unfavourable dryness in crop-growing areas of South America on Tuesday pushed Chicago Board of Trade corn futures to their highest price since July and soybeans to an August high, analysts said. Wheat futures also rallied. South American weather was in the spotlight amid concerns about dry weather in southern Brazil, the


CBOT March 2022 wheat (candlesticks) with K.C. March 2022 wheat (yellow O/H/L/C). (Barchart)

U.S. grains: Winter wheat futures rise on demand, crop woes

CBOT soybeans up, corn down

Chicago | Reuters –– U.S. winter wheat futures rose on Monday on global demand and concerns about poor crop weather in America’s Plains region, while concerns about unfavourable dryness in parts of South America helped lift U.S. soy futures, analysts said. Traders focused on weather conditions after crop observers in Kansas said hurricane-force winds that

China’s corn output rises 4.6 per cent on year in 2021

China’s corn output rose 4.6 per cent in 2021 from the previous year to stand at 272.6 million tonnes, the statistics bureau said Dec. 6. The annual official number came as the market closely watched the new corn crop in the world’s second-largest consumer of the grain, after the planting acreage rose on soaring prices.


CBOT January 2022 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, dark green and black lines). (Barchart)

U.S. grains: Soy, corn set multi-month highs

South American crop uncertainty, chart-based buying are factors

Chicago | Reuters — U.S. soybean futures closed higher on Friday, hitting a 2-1/2 month top on worries about South American crop weather coupled with chart-based buying, traders said. Corn futures set a four-month high near $6 a bushel and wheat followed the firm trend (all figures US$). Chicago Board of Trade January soybeans settled

(Thinkstock photo)

Prairie cash wheat: Bids show small gains

Minneapolis, K.C. March wheats up on week

MarketsFarm — Growing drought concerns in the U.S. and improved export numbers led to higher bids for western Canadian wheat for the week ended Thursday. However, a mid-week selloff on the futures market held back some gains. The southern U.S. Plains, which are a growing area for hard red winter wheat, have been affected by