CBOT May 2019 corn with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Soybeans fall as trade concerns weigh

Chicago | Reuters — U.S. soybean prices fell on Thursday despite stronger-than-expected export sales as investors worried that an eagerly awaited trade deal between Washington and Beijing remained elusive. Wheat and corn also fell as heavy deliveries against the March contracts weighed on the market. There were 820 deliveries against CBOT March soybeans, 400 deliveries

Average (CWRS) prices ranged from about $239 per tonne in western Manitoba to as high as $265 in southern Alberta.

Western Canadian wheat bids slide downward

Minneapolis, Kansas City and Chicago May wheat futures were all down on the week

Wheat bids in Western Canada were down for the week ended Feb. 22, as the Canadian dollar gained ground during the week and U.S. futures dropped. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down by $2-$12, according to price quotes from a cross-section of delivery points compiled by PDQ





CBOT May 2019 soybeans with Bollinger (20,2) bands. (Barchart)

U.S. grains: Soybeans firm on trade hopes

Chicago | Reuters — U.S. soybean futures climbed to a 2-1/2-week high on Monday on hopes for a trade agreement between Washington and Beijing and after China vowed late last week to make additional U.S. soybean purchases. Wheat futures plunged around four per cent to fresh contract lows on technical selling and concerns about stiff