Recent old-crop supply projections from USDA were a non-event for grain markets, with the department’s forecast for new-crop acres due out at the end of this month.

Canola trade turns attention to new crop

Any significant bearish threats for canola would come by surprise

Commentary on canola futures may be starting to sound like a broken record, but at least it keeps skipping on a good part of the song. While canola did some profit-taking correction during the second week of March, the general uptrend remained intact and fresh highs were hit in many months during the week. The



French wheat shipments outside EU rose in February

French wheat shipments outside EU rose in February

Reuters – French soft wheat shipments outside the European Union increased in February as loadings to Algeria and Morocco rose again, offsetting a lull in exports to China, an initial estimate based on Refinitiv data showed. Soft wheat exports by sea to destinations outside the EU and Britain came to 821,000 tonnes in February, the

CBOT May 2021 corn with Bollinger (20,2) bands. (Barchart)

U.S. grains: Corn futures rally on export strength

Chicago wheat, soybeans rise

Chicago | Reuters — U.S. corn futures rose 1.9 per cent to a one-week high on Monday, recovering from overnight weakness after a U.S. government report showed that export demand for the grain remained high. Soybean and wheat futures also were firm after trading in negative territory during the overnight session. A weekly U.S. Agriculture



Ukraine grain exports down 20 per cent for season

Ukraine’s grain exports have fallen almost 20 per cent, to 31.7 million tonnes so far this season, which runs from July 2020 to June 2021, Economy Ministry data showed Feb. 25. Traders sold 13.6 million tonnes of wheat, 13.6 million tonnes of corn and 3.96 million tonnes of barley, the data showed. Ukraine is among


CBOT May 2021 wheat with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Wheat and soy climb, corn sags after USDA data

U.S. dollar's retreat also supportive

Chicago | Reuters — U.S. wheat futures rose more than one per cent on Tuesday after the U.S. Department of Agriculture in a monthly report lowered its forecast of global wheat inventories, analysts said. Corn futures declined on a surprise increase in USDA’s forecast of world corn stocks, while soybean futures firmed after a choppy

EU raises 2020-21 wheat export forecast, cuts maize imports

The European Commission has increased its forecast of common wheat exports from the European Union’s 27 member countries in 2020-21 to 27 million tonnes from 26 million projected last month. That remained well below the 36.9 million tonnes estimated for 2019-20, reflecting a sharp drop in harvest supply this season, the commission’s grain supply-and-demand data


U.S. grains: Soybeans near seven-year peak

Chicago | Reuters — U.S. soybean futures hit their highest in almost seven years on Monday as forecasts for dry weather in Argentina and excessive rains in Brazil stoked supply concerns. Wheat futures declined, pressured by forecasts for beneficial rains in the U.S. Plains winter wheat belt late this week. Corn futures ended mostly higher

CBOT May 2021 soybeans with Bollinger (20,2) bands. (Barchart)

U.S. grains: Soy futures rally on dry Argentina weather

Attention turns to next week's USDA supply-demand outlook

Chicago | Reuters — U.S. soybean futures prices pushed higher on Friday, notching a fourth straight weekly gain, as dry weather in Argentina continued to fuel worries about global supplies of the oilseed. Corn futures rebounded from a three-week low reached in the previous session, while wheat futures also edged higher. Concerns increased over crops