CBOT soybeans dropped 7.33 per cent in 2018, largely due to disrupted trade between the United States and China.

Funds view grains and oilseeds more favourably

Investor sentiment has clearly shifted in the past 12 months

Speculators rang in 2019 with a much less pessimistic take on Chicago-traded grains and oilseeds than a year earlier, though trade tensions and the lapse in U.S. government data are providing the market with plenty of uncertainty. As of Jan. 2, trade sources suggest that commodity funds held a very slight combined net long position






(Average durum bids were) ranging anywhere from $220 in northwestern
and southwestern Saskatchewan to $235 in western Manitoba.

Western Canadian wheat bids down in most regions

Average CWRS prices in western and eastern Manitoba bucked the downward trend

Wheat bids in Western Canada were mostly down for the week ended Jan. 4 because of a stronger Canadian dollar. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down $1-$2, except in eastern and western Manitoba which were up $3-$5, according to price quotes from a cross-section of delivery points



CBOT March 2019 wheat with 50-day moving average. (Barchart)

U.S. grains: Soy climbs on China trade optimism

Chicago | Reuters — U.S. soybean futures rebounded on Wednesday, posting gains for the fifth session in six on hopes that China will accelerate its purchases of U.S. agricultural products following three days of trade talks with the United States this week. Corn also firmed as traders anticipated the grain would be among the goods