CBOT July 2021 corn with Bollinger (20,2) bands. (Barchart)

U.S. grains: Corn, wheat, soybeans ease on profit-taking

Focus on weather as corn, soy stocks ebb

Chicago | Reuters — Chicago corn, wheat and soybean futures eased on Wednesday on profit-taking after climbing in earlier trading as traders assessed weather risks to crops in Brazil and the U.S. The most-active corn contract on the Chicago Board of Trade (CBOT) lost 10-1/2 cents to $6.44 per bushel, while the nearby May contract

File photo of a green soybean crop south of Winnipeg. (Dougall_Photography/iStock/Getty Images)

Canada’s soybean, corn acres projected to rise

StatsCan's estimates see Ontario, Quebec, Manitoba planting more

Statistics Canada’s first read of farmers’ intentions for the 2021 growing season shows more Canadian acres going into both soybeans and corn. Farmers nationwide anticipate planting 5.3 million acres to soy in 2021, up 5.5 per cent from 2020, StatsCan said in its field crop survey released Tuesday. “An increase in anticipated (soy) area is


CBOT July 2021 wheat with Bollinger (20,2) bands. (Barchart)

U.S. grains: Corn, wheat, soy step back after reaching new eight-year highs

Wheat at highest since February 2013 after U.S. crop rating fall

Chicago | Reuters — Chicago corn, wheat and soybean futures ended Tuesday lower after extending a rally to eight-year highs, supported by corn supply worries as adverse weather cast early doubts over harvest prospects in top exporters Brazil and the United States. A sharp decline in weekly U.S. wheat crop ratings also kept the focus

CME June 2021 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown, dark red lines). (Barchart)

U.S. livestock: Live cattle ease on higher grain costs

Feeder cattle, lean hogs mixed

Chicago | Reuters — U.S. live cattle futures eased on Tuesday, as higher input costs could lead to near-term selling of cattle as producers are resistant to paying higher feed costs, traders said. “You’ve got your cost of gains climbing and climbing,” said Scott Varilek, broker at Kooima Kooima Varilek Trading Inc. “Could be some


A recent shift toward more commercial-scale hog production in China has led to more use of soybean meal in rations.

China seeks to cut corn, soymeal content in animal feed

The country feels overly reliant on imported feedstocks

Reuters – China’s Agriculture Ministry has launched a campaign to lower the content of corn and soymeal in animal feed, according to a document issued this week, which could have repercussions for the global grain trade. The document, sent to animal feed producers and other government departments, outlines a plan for nutrition experts to draw

CBOT July 2021 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)

U.S. grains: Corn nears eight-year high on tight supplies

Wheat, soybeans at 2013 peak

Chicago | Reuters — Chicago corn futures climbed on Monday to their highest since June 2013 as concerns about South American supplies buoyed the market. Strength in corn pulled wheat and soybeans to eight-year highs. Chicago Board of Trade most-active July corn ended limit up at $6.57-1/2 per bushel (all figures US$). July soybeans gained


Bunge’s agent overturns Brazil injunction blocking access to key port

Bunge’s agent overturns Brazil injunction blocking access to key port

Reuters – Brazil’s Litoral Soluções, an unlisted port agent representing U.S. grain trader Bunge, won the reversal of an injunction blocking its right to ship grains from a key southern Brazilian port’s public terminal. The ruling, by Judge João Carlos Franco, overturned his own earlier decision suspending the contract. A final court decision is still

CME August 2021 live cattle with Bollinger (20,2) bands. (Barchart)

U.S. livestock: Cattle futures close narrowly mixed

CME hog futures climb

Chicago | Reuters — U.S. live cattle futures closed narrowly mixed on Friday, with nearby contracts pressured by lacklustre cash cattle trade and position-squaring ahead of a monthly government cattle report, analysts said. Chicago Mercantile Exchange June live cattle futures settled down 0.125 cent at 115.725 cents/lb. while the August contract ended up 0.125 cent


CBOT July 2021 corn with Bollinger (20,2) bands. (Barchart)

U.S. grains: Corn, soy extend multi-year highs

Tightening global supply picture supportive; CBOT wheat also up

Chicago | Reuters — U.S. corn and soybean futures closed firm on Friday after rocketing to multi-year highs this week on tightening domestic and global supplies, traders said. As stocks from the 2020 harvest dwindle, dryness in Brazil and a U.S. cold spell raised doubts about prospects for the 2021 corn crops in the world’s

A corn crop west of Grunthal, Man. on Aug. 17, 2019. (Dave Bedard photo)

U.S. grains: Corn highest since 2013

Soy tops US$15, wheat over US$7 on supply fears

Chicago | Reuters — U.S. corn, wheat and soybean futures hit multi-year highs on Thursday as concerns about tightening global grain supplies triggered short-covering and fund-driven buying, analysts said. Nearby Chicago Board of Trade corn futures closed up their daily 25-cent limit (all figures US$). Front-month CBOT wheat rose above $7 a bushel and soybeans