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

U.S. grains: Soybeans up as heat risk in focus

Weak demand erodes corn, wheat

Chicago | Reuters — Chicago soybean futures firmed for a second straight session on Thursday, supported by strong exports and supply uncertainty as hot, dry weather cast uncertainty over U.S. prospects. Corn inched down as the market assessed results from this week’s Pro Farmer crop tour. Wheat eased as traders weighed strong global supplies against

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U.S. grains: soybeans end higher amid extreme heat, crop tour findings

Wheat ticked higher as traders assessed the latest Russian attack on a Ukrainian grain port

Chicago | Reuters – Chicago soybean and corn futures firmed on Wednesday, supported by hot, dry conditions that compound signs of stress found in initial results of a widely followed U.S. Midwest field tour. Wheat also ticked higher as traders assessed the latest Russian attack on a Ukrainian grain port and monitored North American spring


The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)

CBOT weekly outlook: damage from extreme heat immediately unknown 

CBOT largely ignored the latest machinations in the Russia-Ukraine war that could change quickly: analyst

MarketsFarm – Prices at the Chicago Board of Trade could increase if there’s heat damage to the United States corn and soybean crops, according to Tom Lilja of Progressive Ag in Fargo, North Dakota. During the week of Aug. 21 to 25 a heat dome formed over much of the U.S. Midwest with temperatures pushing

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

U.S. grains: Soy, corn fall on crop tour’s promising early reports

Egypt wheat tender signals demand

Chicago | Reuters — Chicago soybeans fell on Tuesday as above-average crop scouting during a Midwest tour outweighed hot, dry weather in U.S. growing belts. Corn was also pressured by promising early crop tour results, but found support in a recent spate of export sales. Wheat ended higher as global demand remains strong, though an


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

U.S. grains: Soybeans run up to three-week high on hot, dry weather

Wheat eases on Ukrainian export efforts

Chicago | Reuters — Chicago soybeans rose for a fourth straight session on Monday, reaching a three-week high as hot, dry U.S. conditions fueled concerns over crop stress. Wheat fell as Ukraine sought new Black Sea avenues for export, adding pressure to corn futures. Markets were awaiting results from the annual Pro Farmer crop tour,

(Thinkstock photo)

Prairie cash wheat: Spring wheat bids drop with U.S. futures

Crop concerns supportive for durum

MarketsFarm — Spring wheat bids in Western Canada fell in sympathy with U.S. futures during the week ended Thursday, although durum climbed higher on the back of production concerns in key durum-growing areas of southern Saskatchewan. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down by $7.60-$9.70 per tonne across


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

U.S. grains: Wheat futures rally on war concerns

Soy jumps on U.S. heat wave; corn up off 2020 low

Chicago | Reuters — Chicago Board of Trade wheat futures jumped nearly four per cent on Friday as a drone attack on Moscow revived concerns over the risk of war disruptions to Black Sea grain exports, analysts said. Soybean futures advanced for a third session to reach a July high as a hot, dry U.S.

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

U.S. grains: Soybeans advance on hot, dry forecast

Corn overcomes pressure over Mexico spat

Chicago | Reuters — Chicago Board of Trade soybean futures approached a two-week high on Thursday on concerns that hot, dry weather in forecasts could reduce the upcoming U.S. harvest. The U.S. has little room for crop losses due to unfavourable weather because the government already projects tight soybean supplies, analysts said. Some worries over


Wheat in progress west of Pathlow, Sask. on Aug. 1, 2022. (Dave Bedard photo)

CBOT weekly outlook: Wheat, corn likely to trend downward

Weather to steer soybean values

MarketsFarm — Wheat and corn on the Chicago Board of Trade are likely to fall back in the coming weeks, according to Terry Reilly, senior agricultural specialist for Marex in Chicago. Soybeans, meanwhile, could go either way, he said, depending on the severity of upcoming weather conditions. Reilly commented that the December Chicago wheat contract

CBOT December 2023 corn with Bollinger bands (20,2). (Barchart)

U.S. grains: Corn up off low on weather, Black Sea tensions

Ukraine reports Russian attack on grain storage facilities

Chicago | Reuters — Chicago Board of Trade corn futures rose on Wednesday as the market recovered slightly after improved U.S. crop conditions and concerns about China’s economy pushed prices to their lowest level since December 2020. Soybean futures also rebounded from a slide on Tuesday. The gains reflected uncertainty about the size of upcoming