CBOT May 2023 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Soybeans up on technical bounce

Wheat firm; corn weak

Chicago | Reuters — U.S. soybean futures rose on Thursday, extending their rebound from the one-month low hit this week on a round of technical buying, traders said. “I think we got too cheap too fast and we are seeing a technical recovery,” said Scott Harms, Ag risk specialist at Archer Financial Services. Wheat futures

Cars are buried on Hennepin Avenue in Minneapolis on Feb. 23 by a winter storm that crossed the U.S. northern Plains and Midwest and brought needed precipitation to some winter wheat-growing areas.

Price trenches remain despite weather, projected plantings

Most traders expect the Black Sea Grain Initiative to be extended

North American grain and oilseed markets were up and down during the last full week of February, holding relatively rangebound overall. News of a frost in Argentina sent soybean, corn and canola values climbing higher on Feb. 21, as crop estimates out of the drought-stricken country continue to be revised lower. However, the immediate bullish reaction quickly subsided, and most


U.S. farmers expected to boost corn and wheat acreage

U.S. farmers expected to boost corn and wheat acreage

U.S. farmers will plant more corn and wheat in 2023 than they did a year earlier, taking advantage of prices that remain relatively high and declining input costs, the government said Feb. 23. Corn seedings were pegged at 91 million acres and soybean seedings at 87.5 million acres, unchanged from last year, the U.S. Agriculture

(BASF.com)

BASF halting hybrid wheat seed development in North America

Results 'have not achieved development goals we set'

Reuters — Global chemicals and crop seeds company BASF is halting development of hybrid wheat in North America after results of seed trials failed to reach development goals, the company told Reuters on Wednesday. BASF will instead focus development of the new type of wheat in European markets, aiming to launch the technology there “toward



CBOT May 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Corn hits lowest since August

Chicago soybeans, wheat also drop

Chicago | Reuters –– U.S. corn futures fell to their lowest level in more than six months on Tuesday and soybean and wheat futures also dropped on a round of end-of-month liquidation by investment funds, traders said. Soybeans notched the biggest declines, with the most-active contract falling 2.2 per cent, its biggest daily decline since


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

U.S. grains: Wheat hits lowest since September 2021

Chicago corn, soy also fall

Chicago | Reuters — Chicago Board of Trade wheat futures dropped 1.6 per cent to their lowest level since September 2021 on Monday as rain across key growing areas during the weekend boosted harvest prospects for the U.S. crop, traders said. Optimism that the deal allowing grain shipments from Black Sea ports in war-torn Ukraine

Clubroot will likely be found in RMs in 2023 where it has yet to be detected, predicts David Kaminski, field crop pathologist.

Crop diseases to watch for in 2023

Some pathogens are expected to be on the rise this coming year

The apparent transition into a wetter period means different diseases to watch out for, says David Kaminski, field crop pathologist with Manitoba Agriculture. Kaminski was speaking at the CropConnect conference in Winnipeg on February 15. Two crops dominate Manitoba’s agricultural landscape. Wheat and canola account for 70 per cent of the annual crop acres in


CBOT May 2023 corn with Bollinger bands (20,2). (Barchart)

U.S. grains: Corn, wheat hit multi-week lows on export concerns

Hopes for Black Sea export deal pressure CBOT grains

Chicago | Reuters — Chicago Board of Trade corn futures set a six-week low on Friday while wheat hit its lowest level in more than four weeks on concern over competition for global export business, analysts said. Technical selling helped fuel the sell-off, along with prospects for robust 2023 corn production in the U.S. and

A dried-out corn crop sits next to cotton that was planted into a dried-out cornfield, amid Argentina’s worst drought in 60 years, at Tostado in the country’s northern Santa Fe province, on Feb. 8.

Canola, soybean markets await any news

Oilseed values remain within general ranges

North American grain and oilseed futures were looking for direction in mid-February, with little news to pull values too far one way or the other. ICE Futures canola contracts drifted lower before recovering most of those losses, remaining rangebound overall. Soyoil futures in Chicago find themselves in a downtrend, but meal remains pointed higher and