A worker watches harvested soybeans 
being loaded off a field 
at Firmat in Argentina’s Santa Fe province in 2021. Recent but variable rains have eased drought concerns for Argentina’s recently planted soy crops.

Canola market’s lower end tested

China’s demand outlook remains a question mark

The lower edge of the well-established trading range for the ICE Futures canola market was tested during the last full week of January, but support was uncovered to the downside and values are rangebound for now. The nearby March contract traded as low as $791 per tonne on Jan. 25 but managed to claw back

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

U.S. grains: Wheat futures firm; technical resistance weighs

Chicago soybeans up, corn down

Chicago | Reuters — Chicago wheat futures gained on Tuesday as traders eye winter wheat conditions across the U.S. Plains amid a second frigid cold snap this season, though futures struggled against technical resistance. Soybeans futures ended up, though prices were pressured by a correction in the soymeal charts, traders said. Corn futures ended lower,


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

U.S. grains: Soybeans firm as Argentina drought worries persist

Cold snap in U.S. brings renewed wheat damage fears

Chicago | Reuters — Chicago soybeans climbed on Monday, underpinned by concern that drought-damaged crops in Argentina could face more dry weather. Wheat inched higher after climbing to four-week highs earlier in the session on fears a cold snap in U.S. grain belts could lead to crop damage, while potential escalations in the Russia-Ukraine war

(Qingwa/iStock/Getty Images)

USDA sees little change in Australian, Canadian wheat output

MarketsFarm — There isn’t much in the way of significant changes in the U.S. Department of Agriculture’s (USDA) attaché reports on grain production in Australia and Canada. USDA’s Global Agricultural Information Network (GAIN) office in Canberra pegged Australia’s wheat production for 2022-23 at 37 million tonnes, 400,000 more than the official USDA estimate. In comparison,


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

U.S. grains: Soy futures weak, corn firm

Wheat mixed ahead of weekend

Chicago | Reuters — U.S. soybean futures fell on Friday on expectations that recent rains in Argentina boosted crop potential from that key South American exporter, traders said. Wheat futures were mixed, with the most-active Chicago Board of Trade soft red winter wheat contract sagging on position squaring after notching its biggest weekly gain in

CBOT March 2023 soft red winter wheat with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Wheat, soy, corn up on strong export report

South America crop progress limits corn, soy gains

Chicago | Reuters — U.S. wheat, corn and soybeans jumped on Thursday on support from a government report that showed strong overseas demand for all three commodities, traders said. “We had some decent export sales compared to what we have seen the last few weeks and that trend, particularly for corn and wheat, is likely


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: Wheat futures rise on Ukraine war concerns

March corn sags, March soybeans up

Chicago | Reuters — U.S. wheat futures rose on Wednesday on concerns that any intensification of Russia’s war on Ukraine could clog the export pipeline from those two major exporters. “I think the market is trying to price in an increasing likelihood that an escalation … turns into a European theatre war,” said Mike Zuzolo,

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: Chicago wheat, corn climb after weather pressure

Investor optimism on economy helps underpin grains

Chicago | Reuters — Chicago wheat and corn futures firmed on Tuesday, supported by investor optimism after easing a day earlier on precipitation in both Argentina and the U.S. Plains. Soybean futures began the day firmer but failed to maintain support as forecasts in South America call for more rain. The most-active wheat contract on


Comment: How roots are shaped for success

Comment: How roots are shaped for success

The amazing development of root shape and why it could help protect crops from climate change

Plants may live rooted in one place, but the more scientists learn about plants, the more complex and responsive we realize they are. Plants are specialists, making the most of what is near where they germinate. Learning about the intricacies of plant life is about more than inspiring wonder in people, though. Studying plants is

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

U.S. grains: Soybeans fall as rain expected to aid Argentine crop

Snow in U.S. Plains pressures wheat

Chicago | Reuters — Chicago soybean futures dropped on Monday for a fourth consecutive session as rainfall in Argentina’s parched growing areas diminished concerns over crop damage. Wheat fell to nearly 16-month lows as snow and rain across parts of the U.S. Great Plains brought needed moisture to winter wheat crops, while corn followed wheat