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

U.S. grains: Wheat up on Cargill’s Russia decision

Corn firm ahead of U.S. planting report; soy up on Argentina concerns

Reuters — Chicago wheat futures rallied and closed higher on Wednesday, after global grain trader Cargill said it would take a further step back from the Russian market by no longer handling the top wheat supplier’s grain at its export terminal from July. Cargill’s shipping unit will continue to carry grain from the country’s ports,


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

U.S. grains: Soybeans, wheat gain on planting doubts

CBOT corn steadies

Reuters — U.S. wheat and soybean futures closed higher on Tuesday and corn closed nearly flat as traders had doubts about planting delays and adverse weather with an eye toward a key U.S. crop seedings report at the end of the week. Traders squared positions as they looked ahead to Friday’s annual U.S. Agriculture Department

Brazil corn exports to China nosedive as soy season kicks off

Brazil corn exports to China nosedive as soy season kicks off

Reuters – Brazil’s corn exports fell sharply in February as soybean shipments took centre stage and Chinese buyers turned to countries like the United States and Ukraine for supplies. According to revised Brazilian trade data, the country’s corn sales to China were 70,000 tonnes last month, down from 983,700 tonnes in January and more than


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

U.S. grains: Chicago grains up on U.S. planting uncertainty

Hard wheats 'leading the way'

Mexico City | Reuters — Chicago corn futures reversed losses to close higher on Monday on concerns about U.S. planting delays, and wheat and soy also made gains. Corn made its comeback later in the session as traders speculated on weather conditions and planting schedules for springtime crops as cold temperatures linger in the northern

(File photo by Dave Bedard)

Canola fund short position still rising

Managed money net long in soybeans

MarketsFarm — The size of the fund short position in continued to rise in early March, according to the latest Commitments of Traders data out from the U.S. Commodity Futures Trading Commission (CFTC). As of March 7, the net managed money short position in canola came in at 46,222 contracts (61,998 short/15,776 long), an increase


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

U.S. grains: Chicago corn, wheat reverse gains to close lower

Export sales of wheat, soybeans fall below forecasts

Mexico City | Reuters — Chicago corn futures reversed session gains to close lower Thursday, with the most-active contract hitting its highest price since February on a boost from Chinese demand. Wheat futures also closed lower in rangebound trade after earlier gains, pressured by disappointing export data and inter-market spreading against K.C. wheat futures, traders

Emerging corn plants in Canada. (Sophie-Caron/iStock/Getty Images)

CBOT weekly outlook: More acres expected for U.S. corn, soybeans, wheat

USDA acreage projections due out March 31

MarketsFarm — With expectations of far fewer prevent-planting acres for 2023-24, Terry Reilly of Futures International has called for increases in planted area for corn, soybeans and wheat in the U.S. this spring. The U.S. Department of Agriculture (USDA) is scheduled to release its planting projections on March 31. Reilly pegged planted corn acres at


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

U.S. grains: Chicago corn turns higher

CBOT soy, wheat fall on long liquidation

Mexico City | Reuters — Chicago corn futures turned higher Wednesday, and wheat and soy closed down, as technical trading and investor unease about the economy roiled agricultural commodity markets. Investors scrambled to liquidate long positions, traders said, even before the Federal Reserve raised interest rates by a quarter of a percentage point and indicated

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

U.S. grains: Chicago soy closes lower

Brazil production, Fed in focus for soy; wheat, corn still capped by Black Sea deal extension

Reuters — Chicago soy futures reversed gains to close lower on Tuesday, pushed down by rising estimates of Brazilian production, while corn and wheat dipped as markets kept a cautious eye on an expected Federal Reserve rate hike. Wheat and corn continue to be capped by the extension of a Black Sea export corridor from