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

CBOT weekly outlook: Watch for USDA’s corn, soy stocks numbers to decline

MarketsFarm — Expect ending stocks for U.S. corn and soybeans to be lower in the upcoming supply and demand report from the U.S. Department of Agriculture (USDA), said Scott Capinegro of Barrington Commodities at Barrington, Ill. USDA is scheduled to release its next world agriculture supply and demand estimates (WASDE) on Friday at 11 a.m.



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CBOT weekly outlook: Export demand underpins commodities

MarketsFarm — Commodity prices on the Chicago Board of Trade (CBOT) have found support from recent increases in global export demand. China has purchased nearly 900,000 tonnes of soybeans for delivery during the current marketing year, which began on Sept. 1. “It’s all about Chinese demand,” said Terry Reilly of Futures International in Chicago. “They

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

CBOT weekly outlook: Seasonal harvest pressure weighs on soy, corn

MarketsFarm — Market activity on the Chicago Board of Trade has been characteristic for September, with harvest activity keeping pressure on values. “The trend for September turns to the downside as harvest starts to pick up,” said Steve Georgy of Barrington Commodities at Barrington, Ill. However, next week’s world agriculture supply and demand estimates (WASDE)


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CBOT weekly outlook: Bearish USDA report generates bullish reaction

MarketsFarm — There were marked increases in yields for U.S. corn and soybeans that bested market expectations in the supply and demand report from the U.S. Department of Agriculture (USDA). Despite those increases, corn and soybean futures on the Chicago Board of Trade (CBOT) didn’t react as anticipated. “We’re getting a friendly reaction to bearish



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

U.S. grains: Corn, soybeans drop on favourable weather

Chicago wheat jumps

Chicago | Reuters — U.S. corn and soybean futures prices fell on Friday on expectations for beneficial rains in crop-growing areas and as President Donald Trump said the country’s relationship with trading partner China was severely damaged. A monthly U.S. Department of Agriculture (USDA) report pegged America’s harvests below analysts’ expectations, although the estimates were

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USDA’s July WASDE has little effect on markets

U.S. Midwest weather likely having greater effect

MarketsFarm — There were some notable changes in the carryovers for corn, soybeans and wheat in the July supply and demand report from the U.S. Department of Agriculture released Friday. However, the monthly world agriculture supply and demand estimates (WASDE) had very little effect on the markets, according to MarketsFarm analyst Mike Jubinville. “I think



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

U.S. grains: Soybeans gain on hope of continued China purchasing

USDA hiked world wheat stocks to record high; corn gains after ethanol demand cut less than expected

Chicago | Reuters — Chicago soybean futures rallied late on Friday as hopes of continued U.S. exports to top-importer China supported prices. Wheat futures rebounded after touching a three-week low at the Chicago Board of Trade earlier in the session, as the U.S. government’s forecast for a record world wheat stock added supply pressure. Corn