CBOT May 2021 soybeans with Bollinger (20,2) bands. (Barchart)

U.S. grains: Soy futures consolidate after gains

Excess rain in Brazil underpins soy, corn futures

Chicago | Reuters — U.S. grain and soybean futures fell on Wednesday as the markets consolidated after rallying in the previous session. Strength in the U.S. dollar weighed on prices, analysts said, because a firm dollar makes U.S. farm products less attractive to importers (all figures US$). For soybeans, there was a “lack of fresh

CBOT May 2021 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Soy, corn up on unfavourable South American weather

USDA lowers ratings for Kansas, Texas wheat crops

Chicago | Reuters — U.S. grain and soybean futures rose on Tuesday in a turnaround from losses the previous session, as concerns increased about unfavorable weather in crop-growing regions of South America. Traders are watching the effects of heat and dryness in Argentina and rains in Brazil amid worries about potential yield losses. The countries


CBOT May 2021 corn with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Corn, soy, wheat futures ease in setback from surges

Sovecon raises Russian wheat export forecast

Chicago | Reuters — U.S. grain and soybean futures eased on Monday in a setback from rallies driven by concerns about tight crop supplies. The markets will likely not decline too sharply, traders said, because of strong demand from China and the need for large global harvests. In corn, speculative bullishness in corn remains near



Mexico is self-sufficient in white corn, but has been importing plenty of GMO yellow corn, mainly for livestock feed.

Mexico pressing ahead with GMO corn, glyphosate bans, says key official

The move is popular with environmentalists but alarming to ag industry

Reuters – Mexico is sticking to a plan to stop importing genetically modified corn and a ban on a widely used herbicide, a senior official told Reuters, doubling down on a policy that has pleased green advocates but alarmed industry leaders. The plan announced late last year by executive order aims to replace some 16



One Canada Square (tower at centre) houses the London head office of the International Grains Council. (Iliffd/iStock/Getty Images)

Few alterations seen in new global supply/demand report

IGC expecting more corn grown this year

MarketsFarm — There were few notable changes in the latest monthly supply-and-demand report from the International Grains Council (IGC) on Thursday. One of the more significant alterations was its 1.42 per cent increase to total global production from that in 2019-20, at nearly 2.216 billion tonnes. It also raises its estimate for this marketing year’s

CBOT May 2021 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Weak export sales report pushes soy, wheat lower

Weekly corn exports slip to eight-month low

Chicago | Reuters — Chicago Board of Trade soybean futures fell 1.3 per cent on Thursday, after hitting a 6-1/2-year high overnight, on signs of poor export demand for U.S. supplies, traders said. Weak overseas demand also pressured the corn and wheat markets. “You had poor export sales,” said Jim Gerlach, president of U.S. broker


Current cash prices suggest a level of desperation among commercial traders to grab whatever canola remains in farmers’ bins.

ICE canola futures acting independently

New federal estimates paint a picture of tighter ending stocks

It can happen. Canola was showing a good amount of independent strength this week, shrugging off the ebbs and flows of other edible oils. The main driver behind this rarely seen independence is tight canola ending stocks, which have instilled price rationing in ICE canola futures. As one trader explained, commercials are so desperate to grab whatever canola remains