Daily Network News

More News →

Tag Archives CBOT

CBOT July 2023 corn with Bollinger bands (20,2). (Barchart)
Crops, Markets

U.S. grains: Corn, soy, wheat futures sag on demand worries

U.S. winter wheat harvest adds seasonal pressure

By ,
Chicago | Reuters — U.S. corn futures and nearby soybean futures fell on Wednesday, backing down from multi-week highs, as traders weighed fears of flagging demand for grains and other commodities against worries about dry Midwest weather curbing crop prospects, traders said. Wheat futures sagged on profit-taking after a four-session advance and seasonal pressure from
Soil cracks around corn plants below knee-high at Manchester Township, about 130 km west of Philadelphia in southern Pennsylvania, on June 6, 2023. (Photo: Paul Kuehnel/USA Today Network via Reuters)
Crops, Markets

CBOT weekly outlook: Weather market for soy, corn

U.S. targets for biofuel blending pending

By ,
MarketsFarm — With soybean and corn seeding nearing completion across the United States, attention in the futures markets is focused squarely on growing conditions. “We’re in a weather market, so look for traders to keep these prices chopping around over the next few weeks,” said Terry Reilly of Futures International in Chicago. Relatively dry conditions
CBOT July 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Corn climbs on dry conditions

Wheat follows corn higher, soybeans mixed

By ,
Chicago | Reuters — U.S. corn futures rose to a nearly two-month high on Monday as traders fretted about disappointing weekend rains and dry conditions stressing crops in portions of the Midwest crop belt, analysts said. Wheat futures followed, finding additional support from rising tensions in the Black Sea region. Soybean futures settled mixed, with
(Thinkstock photo)
Crops, Markets

Prairie cash wheat: Hard red spring wheat bids rise

MGEX wheat rally offsets rising loonie

By ,
MarketsFarm — Spring wheat bids in Western Canada were mostly higher during the week ended Thursday, as a rally in Minneapolis spring wheat futures countered the bearish influence of a rising Canadian dollar. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were up by $8.80-$10.70 per tonne across the Prairies, according
CBOT July 2023 soybeans with 20-day moving average (dark green line, right scale) and CBOT July 2023 soybean oil (yellow line, left scale). (Barchart)
Crops, Markets

U.S. grains: Soybeans up as soyoil touches one-month high

Traders watch U.S. crop weather forecasts

By ,
Chicago | Reuters — Chicago Board of Trade soybean futures exceeded a three-week high on Friday as demand from end-users helped push soybean oil above a one-month peak, traders said. Spillover support from soyoil’s rally lifted soybeans while corn futures slumped, traders said. Soyoil has advanced more than 22 per cent since dropping on May
CBOT July 2023 soft red winter wheat (candlesticks, right scale) with MGEX July 2023 hard red spring wheat (yellow line, left scale) and K.C. July 2023 hard red winter wheat (orange line, left scale). (Barchart)
Crops, Markets

U.S. grains: Wheat futures rebound

Corn, soybeans close firm

By ,
Chicago | Reuters — U.S. wheat futures rose on Thursday, bouncing back from a sharp sell-off a day earlier on support from technical buying and concerns about supply disruptions stemming from the Russia-Ukraine war, traders said. Corn and soybeans also closed in positive territory, with old-crop contracts supported by expectations that supplies will remain tight
Photo: Thinkstock
Crops, Markets

CBOT weekly outlook: Ending stocks of corn, soy predicted to rise

Ending stocks of wheat projected to drop as drought hits Kansas winter wheat

By ,
MarketsFarm — Ahead of supply and demand estimates from the U.S. Department of Agriculture due out Friday, analyst Tom Lilja of Progressive Ag in Fargo, N.D. predicted increases in 2023-24 ending stocks for U.S. corn and soybeans and decline for wheat. The average trade guess for wheat going into this month’s report was approximately 570
CBOT July 2023 soft red winter wheat with 20-day moving average (green line, right column) and MGEX and K.C. July 2023 wheats (yellow and orange lines, left column). (Barchart)
Crops, Markets

U.S. grains: Wheat futures snap winning streak

Corn weak, soybeans mixed

By ,
Chicago | Reuters — U.S. wheat futures fell on Wednesday, with the most-active Chicago Board of Trade soft red winter wheat contract snapping a five-session rally that had pushed prices to their highest in nearly three weeks, traders said. But concerns about export demand for U.S. supplies pulled wheat prices lower, with high-protein offerings notching

AgCanadaTV

AgCanadaTV Special Feature: Crop pest insects to watch out for in 2026

Sponsored by:
More Videos →

Latest Market News

More Market News →