Global wheat prices hit record levels in March after war broke out among top exporters Russia and Ukraine, and that came on the heels of an already-tight supply situation.

U.S. winter wheat health among worst ever, yield prospects dicey

Reuters – The U.S. winter wheat crop has emerged from dormancy in miserable condition following a historically dry winter in key production states, almost guaranteeing that the harvest will not rank among the country’s better ones. The timing is not great since tensions in the wheat market are running high. Global wheat prices hit record






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

U.S. grains: CBOT wheat, soybeans firm on tighter stocks

Corn firm, ending stocks unchanged

Chicago | Reuters — Chicago wheat, corn and soybean futures firmed on Friday after the U.S. Department of Agriculture (USDA) assessed global supply and demand, reflecting the impact that Russia’s invasion of Ukraine has had on Black Sea exports. Grain prices remained underpinned by Russia’s six-week-old invasion, which has stalled large amounts of Ukrainian exports

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

U.S. grains: Soybeans, corn firm ahead of WASDE

Wheat down, but supported by winter crop stress

Chicago | Reuters — Chicago Board of Trade soybean futures climbed on Thursday, bolstered by eroding South American production and steady U.S. export sales. CBOT wheat and corn futures eased ahead of the U.S. Department of Agriculture’s monthly global supply and demand report due Friday, expected to reflect the potential impact of the war in



(Alfio Manciagli/iStock/Getty Images)

Australian canola production heading downward, but still sizeable

New second-biggest harvest expected, USDA predicts

MarketsFarm — Despite canola production in Australia being set to drop 26 per cent in 2022-23, the country’s farmers are still projected to harvest the second largest crop, according to the U.S. Department of Agriculture’s attaché in Canberra. In the attaché’s report, released Monday, canola production for the coming crop year was projected to be


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

U.S. grains: Soy extends slide, corn mixed

CBOT wheat continues lower

Chicago | Reuters — U.S. soybean futures fell for a second session on Friday, with the spot May contract dropping below US$16 a bushel for the first time in a month after the U.S. Department of Agriculture forecast record soy acreage in that country. Corn futures ended mixed. The front May contract on the Chicago