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CBOT weekly outlook: Rising U.S. corn, soy yields ‘a little surprising’

'Somehow the USDA found higher yields'

MarketsFarm — Updated estimates in the U.S. Department of Agriculture’s monthly supply/demand report, released Wednesday, saw larger than expected increases to soybean and corn yield estimates in the country. However, that data did little to move the markets, with the commodities likely stuck in a sideways range for the time being, according to a trader.

CBOT December 2022 soft red winter wheat with Bollinger bands (20,2). (Barchart)

U.S. grains: Wheat, corn, soy ease as traders await crop data

Wheat traders eye Black Sea supplies

Chicago | Reuters — U.S. grain and soybean futures on Tuesday eased on long liquidation ahead of the release of widely followed government crop forecasts on Wednesday, analysts said. The wheat market also grappled with Black Sea supply prospects as Ukraine sought to expand a grain deal allowing exports from Black Sea ports. The most-active



Over 70 per cent of Argentina’s 2021-22 soybean crop sold

Over 70 per cent of Argentina’s 2021-22 soybean crop sold

Soybean producers had sold 70.3 per cent of Argentina’s 2021-22 crop through the third week of October, the agriculture ministry said Oct. 26.  The portion of the soybean crop sold to date underperforms the 74.2 per cent sold during the same period in the 2020-21 season.  Argentina, the world’s top exporter of processed soy, harvested


Fishermen are seen against a bulk carrier entering the port of Odesa under the grain initiative, in Odesa, southern Ukraine.

Canola futures bouncing around, not breaking out

Latin American weather and Ukrainian uncertainty both add volatility

The ICE Futures canola market bounced around within a sideways range during the last full trading week of October, with the futures hard-pressed to break one way or the other. The nearby November contract climbed sharply higher at one point, but volumes were thin in the front month as open interest dwindled and lack of