CBOT November 2021 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)

U.S. grains: Corn, soybeans lower on the week

Traders look at long-term weather; wheat flat

Chicago | Reuters — Chicago corn and soybean futures slipped on Friday, pressured by extended forecasts calling for cooler weather into August, though hot, dry weather in the coming week across the U.S. Midwest underpinned prices. Wheat ended lower as concerns over unfavorable weather in key exporting countries countered pressure from corn and soybeans. The

CBOT September 2021 wheat (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and green lines). (Barchart)

U.S. grains: CBOT wheat snaps winning streak

Chicago corn, soybeans also fall

Chicago | Reuters — Chicago Board of Trade soft red winter wheat futures plunged 2.6 per cent on Thursday, snapping a six-session streak of gains as traders locked in profits from the rally. Soybean futures were down two per cent, with the latest weather forecasts showing that some timely rains will arrive in key growing





Barley acres in 2021 are down in place of wheat in the U.K.

Britain wheat area expands on improved sowing conditions

Britain’s wheat area is expected to expand to 1.74 million hectares for this year’s harvest, up 26 per cent from 2020, according to a survey issued by the Agriculture and Horticulture Development Board (AHDB). The increase was largely at the expense of spring barley, which was expected to be 28 per cent lower at 769,000

(Qingwa/iStock/Getty Images)

USDA pegs wheat ending stocks to be lowest since 2013-14

MarketsFarm — As the U.S. northern Plains continue to deal with severe drought conditions, the U.S. Department of Agriculture (USDA) has significantly lowered its 2021-22 ending stocks estimates for wheat — especially durum and spring wheat. According to USDA’s monthly world agriculture supply and demand estimates (WASDE) released Monday, 2021-22 ending stocks for wheat are


CBOT December 2021 corn (candlesticks) with Bollinger bands (20,2) and September 2021 corn (yellow open/high/low/close). (Barchart)

U.S. grains: Rain pushes corn to 12 per cent weekly drop

Soybeans, wheat hesitant as dry northern U.S. still a concern

Chicago | Reuters — Chicago corn futures dipped on Friday, losing 12 per cent for the week as rain and moderate temperatures were expected to boost U.S. Midwest crops. Wheat followed lower, but was propped up by drier conditions across the northern U.S. Plains, while soybeans inched higher on long-term forecasts returning to hot, dry

Canola started to fill out thanks to June rains, although high temperatures in early July led to concerns over heat blast.

Farmers continue to watch the skies for rain

Precipitation in June was great for those who got it, but producers are back to waiting anxiously for the next much-needed burst

Farmers were celebrating some of their first real rainfalls of the season in June, but agrometeorologists and agronomists aren’t quite ready to break out the party hats. Why it matters: Social media was full of jubilant rain gauge pictures last month, but agronomists say the damage to yield potential has already been done for some


As the mercury spiked, so did canola futures, during the last week of June.

Weather continues to drive grain markets

Many ICE canola contracts saw new highs during heat wave

Canola futures rose with mercury levels during the last week of June, as Western Canada baked in a ‘heat dome.’ The hot temperatures and lack of moisture were stressing crops across the Prairies, sending many contracts on the ICE Futures platform to new highs. The November canola contract climbed above C$800 per tonne during the

CBOT November 2021 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)

U.S. grains: Soy futures rebound on declining crop condition

Forecast rain has eased U.S. corn yield fears

Chicago | Reuters — Chicago Board of Trade soybean futures rose on Wednesday, recouping a portion of heavy losses from a day earlier, as a lower-than-expected U.S. crop rating tempered hopes that rain will improve field conditions. Rains from Friday into next week will offer timely moisture for corn that will be in the key