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

U.S. grains: Soybean futures climb on export optimism

'No matter who's president, China still needs to feed their hog herd'

Chicago | Reuters — Chicago soybean futures climbed on Tuesday on export optimism and a slower-than-expected U.S. harvest pace, traders said. Wheat firmed as traders monitored dryness in U.S. and Russian growing belts, while corn traded higher on continued hopes of China buying. The most-active soybean contract on the Chicago Board of Trade (CBOT) settled


CBOT December 2020 corn with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Corn declines on long liquidation

Soybeans lower, wheat rallies

Chicago | Reuters — U.S. corn futures declined on Monday as funds scaled back long positions ahead of the U.S. presidential election, and forecasts called for optimal weather in the Midwest, where farmers are wrapping up the harvest of corn and soybeans, analysts said. Wheat futures turned higher, rallying on bargain-buying after a five-session slide.

CBOT December 2020 wheat with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Wheat slides on profit-taking, weather

January soybeans up, December corn flat

Chicago | Reuters — Chicago wheat futures fell on Friday for a fifth straight session, retreating from multi-year highs set last week, on fund-driven long liquidation and improving crop prospects in the southern U.S. Plains, analysts said. Soybean futures firmed on export demand while corn settled narrowly mixed, with the front December contract losing relative


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

IGC cuts record-large world grain production outlook slightly

MarketsFarm — World grain production for 2020-21 was revised slightly lower by the International Grains Council in its latest report Thursday, but the group is still anticipating record large supplies overall. Wheat and coarse grains are forecast to total 2.226 million tonnes, which would be down by one million tonnes from the September forecast but

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

U.S. grains: Crop prices slide as pandemic concerns rattle markets

Traders await U.S. export sales data Thursday

Chicago | Reuters — U.S. grain and soybean futures fell on Wednesday as part of a broad sell-off in markets fueled by concerns about the economic impact of a global surge in COVID-19 cases, traders said. Losses in agricultural futures pulled corn prices back from a 14-month high reached on Tuesday and soybean prices down


CBOT December 2020 corn with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Corn futures fall after hitting 14-month high

Rains expected to benefit wheat crops; traders watch China to buy more U.S. corn, soy

Chicago | Reuters — Chicago Board of Trade corn futures ended lower on Tuesday after reaching their highest prices in more than a year on strong U.S. export demand. Soybean futures backpedaled after hitting their highest price since July 2016 on Monday. Wheat also slumped. Profit-taking weighed on corn after prices initially rose on a

CBOT November 2020 soybeans with Bollinger (20,2) bands. (Barchart)

CBOT weekly outlook: After October rally, November ‘is for bears’

MarketsFarm — Commodities on the Chicago Board of Trade (CBOT) have seen a counter-season rally, with a correction expected in the near future. “Markets are definitely overbought,” said Scott Capinegro of Barrington Commodity Brokers in Barrington, Ill. “It’s harvest and we’re still rallying.” World weather conditions are part of the driving force behind the rally,


CBOT November 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Soybeans hit four-year peak on Chinese demand

U.S. winter wheat crop rating misses estimates

Chicago | Reuters — U.S. soybean futures set their highest price in more than four years on Monday, rising for a sixth consecutive session on strong Chinese demand. Corn futures retreated from a 14-month peak hit on Friday, while wheat futures tumbled as global crop weather improved. Traders are keeping a close eye on China’s

CBOT December 2020 wheat with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Wheat, soy, corn futures up on export prospects

Wheat markets also focused on weather

Chicago | Reuters — U.S. wheat, soybean and corn futures rose on Friday, with strong export demand continuing to push prices higher, traders said. Wheat notched the biggest gains, pushing back toward a six-year high on concerns about drought in major production belts, coupled with a flurry of overseas tenders illustrating the robust global demand.