File photo of the Hernando de Soto Bridge as viewed from the Mud Island River Park at Memphis. (Akrassel/iStock/Getty Images)

CBOT weekly outlook: Ukraine talks, low Mississippi River pressure prices

Outside forces pile on seasonal harvest pressures

MarketsFarm — Ongoing harvests for corn, wheat and soybeans in the U.S. and a strong U.S. greenback are putting pressure on markets in the Chicago Board of Trade (CBOT). However, other factors have caused prices to come down during the week ended Tuesday. While the war in Ukraine continues to rage on, negotiations persist between

CBOT December 2022 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)

U.S. grains: Corn, wheat weak on export concerns

Chicago November soybeans end firm

Chicago | Reuters — U.S. wheat and corn futures fell on Wednesday as weak demand on the export market weighed on prices. Soybeans ended in positive territory, but concerns that global purchasers will shift their demand for soybeans to South American suppliers as soon as possible kept the gains in check. “You can at least


CBOT May 2022 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, dark green and black lines). (Barchart)

U.S. grains: Soybean futures rise on export strength

Corn, wheat also strong

Chicago | Reuters — Chicago Board of Trade soybean, wheat and corn futures firmed on Friday, with all three commodities recovering from declines posted during the overnight trading session. The strength in soybeans stemmed from signs that demand for U.S. supplies remains strong even with newly harvested soybeans from South America available on the marketplace.

CBOT May 2022 soybeans (candlesticks, right column) with Bollinger bands (20,2) and NYMEX May 2022 West Texas Intermediate (WTI) crude (grey line, left column). (Barchart)

U.S. grains: Export demand boosts soybeans

Corn firm, wheat weak

Chicago | Reuters — Chicago Board of Trade soybean futures rose for a third consecutive session on Wednesday, hitting their highest in nearly a month on expectations that demand for U.S. supplies will remain strong due to harvest shortfalls in South America, traders said. The crop woes in Argentina and Brazil also lent support to



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

World soybean output, stocks estimates chopped

MarketsFarm — Downward revisions to soybean numbers stand out the most in February’s grain market report from the International Grains Council (IGC). Otherwise, the monthly estimates have minor alterations. The IGC cut its forecast on 2021-22 global soybean production by four per cent from its January report, bringing its projection to 353.1 million tonnes. The


CBOT March 2022 wheat (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)

U.S. grains: Wheat, corn fall as fears of Black Sea disruption retreat

Soybeans down on chance of South America rain

Chicago | Reuters — Chicago Board of Trade wheat and corn futures fell on Tuesday as Moscow’s announcement that some of its troops were returning to base after drills tempered investor fears of a Russian invasion of Ukraine that could disrupt Black Sea export flows. U.S. soybeans fell as traders assessed chances for rain in



CBOT March 2022 soybeans (candlesticks) with Bollinger bands (20,2). (Barchart)

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

Wheat underpinned by Black Sea supply worry; corn adds on strong export inspections

Chicago | Reuters — Chicago soybeans fell on Monday, pressured by rainfall in parts of South America that could refresh parched crops as Argentina and southern Brazil near harvest. CBOT corn and wheat ended higher after earlier losses, with corn underpinned by strong export inspections and wheat weighing tensions between Russia and Ukraine that could