CBOT March 2021 wheat (candlesticks) with MGEX (green line) and K.C. (orange line) March 2021 wheat. (Barchart)

U.S. grains: Wheat futures hit two-month low

Soybean, corn futures also decline

Chicago | Reuters — Chicago wheat futures hit a two-month low on Tuesday, pressured by improving U.S. winter wheat crop ratings, strong export competition and rising estimates of Australia’s harvest, analysts said. Corn and soybean futures also sagged, retreating from early strength as traders focused on forecasts for welcome rains in South American crop regions.






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

CBOT weekly outlook: USDA report bullish for corn, soy

MarketsFarm — Wednesday’s report from the U.S. Department of Agriculture (USDA) was a bullish influence for commodities on the Chicago Board of Trade (CBOT). USDA’s quarterly stocks report showed corn and soybean stocks were significantly lower than expected, totalling 1.995 billion bushels and 523 million bushels respectively. Corn stocks came in about 250 million bushels

CBOT December 2020 wheat with Bollinger (20,2) bands. (Barchart)

U.S. grains: Wheat, soy, corn fall sharply on fund selling

'It is basically risk-off across the board'

Chicago | Reuters — Chicago Board of Trade soybean, corn and wheat futures plunged on Monday as concerns about fresh coronavirus-driven lockdowns due to rising global case counts sparked a wave of risk-off trades. The grains, led by a 3.7 per cent drop in wheat that marked its biggest daily percentage decline since August 2019,


(Dave Bedard photo)

Fund short position edging down in canola

MarketsFarm — The managed money net short position in canola saw a slight reduction in mid-June, as speculators covered short positions in the market, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position in ICE Futures canola came in Tuesday at



(File photo by Dave Bedard)

Funds covering shorts in canola

Traders also move to net long in Chicago soybeans

MarketsFarm — Fund traders covered short positions in canola and moved to a net long position in Chicago soybeans during the week ended Wednesday, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position in ICE Futures canola came in Wednesday at

A worker pushes a cart of marijuana plants at the Canopy Growth facility at Smiths Falls, Ont. on Jan. 4, 2018. (File photo: Reuters/Chris Wattie)

Bargain hunters fire up rally in cannabis stocks

New York | Reuters — Some cannabis stocks are seeing their prices surge as investors hunt for winners in the ashes of an industry shakeout that hammered share prices last year. Shares of Tilray Inc. and Canopy Growth Corp. have climbed more than 20 per cent since the start of the year, while Cronos Group