An aerial file photo of flooding in the Red River Valley near Rosenort, Man. in May 2022. (Manitoba Co-operator photo by Allan Dawson)

CBOT weekly outlook: Weather in focus for Chicago grains, oilseeds

Heavy snowpack remains in parts of northern Plains

MarketsFarm — All eyes in the Chicago grain and oilseed markets are focused on weather conditions as the South American harvest progresses and North American farmers begin seeding their next crop. The U.S. Department of Agriculture’s monthly supply/demand report (WASDE), released Tuesday, left ending stocks projections for both soybeans and corn in the country unchanged

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USDA stands pat on U.S. soybean, corn ending stocks

Soy, corn crop projections cut for Argentina

MarketsFarm — Projected ending stocks for soybeans and corn in the United States for the current marketing year were left unchanged by the U.S. Department of Agriculture in its latest monthly supply/demand report (WASDE) — coming as a surprise to market participants who had generally anticipated downward revisions to the carryout numbers. USDA left 2022-23


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CBOT weekly outlook: Latest USDA adjustments do little to move market

Selling pressure short-lived after report

MarketsFarm — Updated supply/demand estimates (WASDE) from the U.S. Department of Agriculture were neutral to slightly bearish for soybeans, corn and wheat, with latest numbers largely coming in line with expectations. The February report is traditionally not a major market mover, with the Chicago futures markets waiting for confirmation on South American crops and for

CBOT March 2023 soft red winter wheat with 20-day moving average (green line), MGEX March 2023 hard red spring wheat (yellow line) and K.C. March 2023 hard red winter wheat (orange line). (Barchart)

U.S. grains: Futures firm ahead of USDA crop data

Wheat up on technicals, short covering; corn mixed, soybeans firm on Argentine drought concerns

Chicago | Reuters — U.S. wheat futures firmed on Wednesday as a drop to 15-month lows in the previous session sparked technical buying and short covering, and as traders took positions ahead of key U.S. government crop reports, traders said. Corn was mixed and soybeans edged higher, underpinned by concerns about weather-reduced crops in South


File photo of the facade of the U.S. Department of Agriculture building in Washington, D.C. (Camrocker/iStock/Getty Images)

CBOT weekly outlook: USDA ‘data dump’ due next week

'Minor changes' expected for corn, soy

MarketsFarm — A flurry of reports is coming from the U.S. Department of Agriculture (USDA) on Jan. 12, including its monthly supply and demand estimates, quarterly grains stocks report and winter wheat planting report, among others. Futures International analyst Terry Reilly said the multitude of the reports coming out that Thursday will essentially be a



U.S. corn ending stocks in the latest WASDE report were estimated at 1.182 billion bushels.

Corn still bearish after WASDE report

Key report raises corn production expectation, provides little fuel for market

The United States Department of Agriculture has released its monthly World Agricultural Supply/Demand Estimates, which usually come with the potential to upset U.S. crop prices if they fail to fall in line with pre-report expectations. Just like the U.S. midterm elections on Nov. 8, there was no “red wave” sweeping the markets after the report’s

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CBOT weekly outlook: Rising U.S. corn, soy yields ‘a little surprising’

'Somehow the USDA found higher yields'

MarketsFarm — Updated estimates in the U.S. Department of Agriculture’s monthly supply/demand report, released Wednesday, saw larger than expected increases to soybean and corn yield estimates in the country. However, that data did little to move the markets, with the commodities likely stuck in a sideways range for the time being, according to a trader.


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CBOT weekly outlook: October USDA report delivers few major changes

Soy could see 'a few more days' higher

MarketsFarm — For the most part, the latest monthly supply and demand report from the U.S. Department of Agriculture provided little in terms of major changes from its September report. USDA issued its October world agriculture supply and demand estimates (WASDE) during the late morning Wednesday, with much of the data fairly close to market