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CBOT July 2022 soybeans (candlesticks) with 20- and 50-day moving averages (yellow and green lines). (Barchart)
Crops, Markets

U.S. grains: Soybeans jump on export demand

Wheat falls on profit-taking; corn deferred contracts slip on weather, crop development

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Chicago | Reuters — Chicago wheat futures fell on Thursday, giving back more of their recent gains, as traders sought to take profits amid mixed crop weather in the Northern Hemisphere and wider concerns about an economic slowdown. Meanwhile, soybean and soybean meal futures jumped on news of robust international demand, amid signs the U.S.
CBOT July 2022 soft red wheat (candlesticks) with MGEX July 2022 spring wheat (yellow line) and K.C. July 2022 hard red wheat (orange line). (Barchart)
Crops, Markets

U.S. grains: CBOT wheat, corn ease off rally on supply concerns

Export outlook, crude oil support soybeans

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Chicago | Reuters — Chicago Board of Trade wheat and corn futures weakened on Friday, a day after rising on U.S. Department of Agriculture forecasts that indicated tightening global supplies. Traders took some profits ahead of the weekend and on expectations that U.S. farmers are advancing corn plantings thanks to improved Midwest crop weather, analysts
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Crops, Markets

CBOT weekly outlook: Markets react to USDA supply/demand estimates

Wheat data 'surprisingly supportive'

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MarketsFarm — The U.S. Department of Agriculture (USDA) on Thursday released its monthly world agriculture supply/demand estimates (WASDE) — the first to show estimates for the 2022-23 marketing year — and markets reacted quickly. Ryan Ettner, a broker for Allendale Inc. at McHenry, Ill., said that while figures for corn and soybeans were in line
CBOT July 2022 soybeans (candlesticks) with Bollinger bands (20,2). (Barchart)
Crops, Markets

U.S. grains: Chicago grains firm after planting-inspired decline

USDA world report eyed for gauge of Ukraine war, harvest prospects

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Chicago | Reuters — Chicago soybean futures edged up on Tuesday, a day after sliding on macroeconomic worries, as traders assessed U.S. planting progress. Wheat traded near even, pressured by recent rainfall across the U.S. Great Plains, though global supply concerns underpinned the market, while corn traded near even, supported as the pace of planting
Flags in front of the European Commission headquarters in Brussels. (Inakiantonana/E+/Getty Images)
Crops, Markets

EU crops to face some challenges in 2022-23

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MarketsFarm — Total grain production in the European Union is expected to decrease overall by 2.4 per cent in 2022-23, according to U.S. Department of Agriculture attachés throughout the multi-nation bloc. For the coming crop year, they forecast production to be 286.02 million tonnes of wheat, corn, barley, rye, oats, mixed grains and others. One
Markets, News

U.S. planting delays, Ukraine war prop prices

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Reuters – Chicago corn was largely unchanged on Wednesday and near a decade high, scaled in the previous session, as traders fretted over planting delays in the United States and a lack of supplies from wartorn Ukraine. Soybeans and wheat, meanwhile, inched higher. The most active corn contract, Cv1, was unmoved at $7.9975 a bushel,
CBOT July 2022 corn (candlesticks) with Bollinger bands (20,2). (Barchart)
Crops, Markets

U.S. grains: Corn pulls back after reaching decade high

Wheat also gives up gains amid profit-taking, traders say

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Chicago | Reuters — Chicago Board of Trade corn futures ended lower on Tuesday, consolidating below a decade high reached earlier, as traders assessed risks to global supply from the war in Ukraine and a slow start to planting in the U.S. Wheat futures also weakened, with profit-taking pressuring the markets, traders said. The July

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