(Dave Bedard photo)

Feds predict three per cent increase in canola acres

Stocks nevertheless expected to tighten

MarketsFarm — Canadian farmers will seed more canola in the upcoming 2021-22 crop year, but solid demand will still cause ending stocks to tighten, according to the first new-crop supply/demand projections from Agriculture and Agri-Food Canada (AAFC), released Monday. The department forecast seeded canola area in the spring of 2021 at 21.37 million acres, up

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

U.S. grains: Corn, soy up on bargain-buying after Friday’s slump

Chicago wheat also climbs

Chicago | Reuters — U.S. corn and soybean futures rallied on Monday as commercial and technical buyers stepped in to take advantage of Friday’s steep declines, analysts said. Wheat futures firmed on bargain-buying after a four-session slide and improving export prospects. Chicago Board of Trade March corn settled up 11 cents at $5.11-1/2 per bushel,


Mexican corn bans complex

Mexican corn bans complex

Proposal would see GMO corn and glyphosate both targeted for elimination

Reuters – The Mexican government’s push to wean itself off a massive dependence on genetically modified corn imports would upend the country’s food supply, including its big livestock sector, industry officials warn. A Dec. 31 decree banning the use of genetically modified corn over three years has sparked a frenzy of lobbying urging officials to reconsider. Both the Agriculture and Economy ministries held high-level meetings

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

U.S. grains: Soybeans dive to biggest weekly loss in 6-1/2 years

Soy, corn tumble on improved weather; wheat extends fall

Chicago | Reuters — Chicago soybean futures slid more than four per cent on Friday — while corn futures dropped their daily limit — as rains in key South American growing areas offered relief amid tight global supplies, overshadowing strong weekly U.S. export data. Wheat futures tumbled four per cent. The Chicago Board of Trade



CBOT March 2021 soybeans (candlesticks) with 20-day moving average (green line) and ICE March 2021 canola (yellow line). (Barchart)

U.S. grains: South American supply issues wane

Soy up, but off early gains; corn boosted by export demand

Chicago | Reuters — Chicago soybeans ended the session slightly up after a three-session losing streak on Thursday, but larger early gains were erased as rains across South America eased supply worries. Corn prices firmed, supported by fresh demand amid tightening global supplies, while wheat fell on a lack of fresh export news. The Chicago


(File photo)

Feed weekly outlook: Offshore demand still lifting Prairie barley

MarketsFarm — Solid offshore demand for Canadian barley remains the key driver in the domestic feed market, keeping prices high. “It’s certainly not driven by southern Alberta, it’s driven by Vancouver and the export business,” said Allen Pirness, of Market Place Commodities in Lethbridge, on the continued strength in barley bids. Typically, arbitrage opportunities would

Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)

CBOT weekly outlook: Soy, corn turn bearish

Traders keep an eye on South America

MarketsFarm — Soybean and corn futures backed away from multi-year highs during the week ended Wednesday, as investors took profits and weather conditions showed some improvement in South America. “The technicals are a little bearish for both corn and beans,” said Terry Reilly of Futures International in Chicago. The managed money long position in soybeans,


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

U.S. grains: Soybeans fall, pressured by fund selling

Brazil, Argentina showers ease soy, corn supply concerns

Chicago | Reuters — Chicago soybean futures fell on Wednesday, touching their lowest in more than a week, pressured by technical selling combined with rains across South America, which eased supply concerns. Corn followed, also pressured by beneficial South American rains, while wheat ended lower, but was supported by export optimism. The Chicago Board of

CBOT March 2021 soybeans with 20-, 30- and 50-day moving averages. (Barchart)

U.S. grains: Soybeans fall on South American rainfall

Russian export tax supports U.S. wheat; corn follows soybeans

Chicago | Reuters — Chicago soybean futures slid on Tuesday as rain across South America strengthened crop prospects and bolstered the global supply outlook, traders said. Corn followed soybeans lower, but was supported by strong export demand and possible export limits in Ukraine. Wheat futures fell slightly, but were bolstered by an export tax in