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Corn

File photo of a cornfield in Mexico. (Roberto Cabrera/iStock/Getty Images)
Corn, Crops, Reuters

Mexico says it aims for agreement with U.S. on GM corn in January

U.S. officials threatening action under CUSMA pact

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Reading Time: 2 minutes Mexico City | Reuters — Mexico and the United States aim to reach an agreement in January over a pending Mexican ban on imports of genetically modified (GM) corn, the Mexican foreign ministry said on Friday after officials from the two countries held talks in Washington. In a statement, the ministry said talks would continue […] Read more
CBOT March 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn, wheat futures fall on fund selling

Soybean futures rise

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Reading Time: 2 minutes Chicago | Reuters — U.S. corn and wheat futures dipped on Friday, with concerns about a weakening global economy deterring traders from extending gains made earlier this week. “Fund managers continue to interpret their supply and demand fundamentals through a lens coloured by recession fears,” Arlan Suderman, chief commodities economist at brokerage StoneX, said in […] Read more
(Photo courtesy Canada Beef Inc.)
Crops, Markets

Feed weekly outlook: Barley, wheat prices pull back

Truck shortage 'hasn't gotten any better'

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Reading Time: < 1 minute MarketsFarm — Prices for feed barley and wheat are coming down on the Prairies, said Susanne Leclerc of Market Master Ltd. in Edmonton — and a big part of that trend is the lack of demand for either commodity. “Buyers are fairly well covered. There seems to be a lack of desire for buyers to […] Read more
CBOT January 2023 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soy futures fall despite strong exports

Chicago corn, wheat rise

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Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade soybean futures fell on Thursday on concerns that a firm dollar and a weakening global economy could slow the robust pace of exports that has supported prices since harvest, traders said. Wheat futures were strong on a round of bargain buying following declines in eight of the […] Read more
(Medioimages/Photodisc/Getty Images)
Crops, Markets, Weather

CBOT weekly outlook: South America’s dry weather affecting soy complex

'We’re back to trading weather right now'

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Reading Time: 2 minutes MarketsFarm — The U.S. Department of Agriculture’s world agricultural supply and demand estimates (WASDE) report last week is taking a back seat to drought concerns in South America, according to a Chicago grains analyst. Terry Reilly from Futures International said Friday’s WASDE report had very little effect on the Chicago Board of Trade (CBOT), which […] Read more
CBOT March 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn, wheat futures ease

Chicago soybean futures firm

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Reading Time: 2 minutes Chicago | Reuters — U.S. corn and wheat futures fell on Wednesday after hitting 11-day highs a day earlier as traders waited for more bullish news before pushing grain prices above those recent peaks. Soybeans were firm, shedding overnight weakness, with investors hoping that export demand for U.S. supplies of the oilseed will remain strong […] Read more
CBOT March 2023 soybeans with 10-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybean futures rise

Chicago wheat, corn values fall

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Reading Time: < 1 minute Chicago | Reuters — U.S. soybean futures rose on Tuesday, supported by a round of bargain buying after two days of losses as well as signs that export demand remains strong, traders said. Corn and wheat futures weakened on a round of profit taking after hitting 10-day highs early in the session, with light demand […] Read more
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)
Crops, Markets, Reuters

U.S. grains: Wheat, corn up on Black Sea export concerns

Chicago January soy falls

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Reading Time: 2 minutes Chicago | Reuters — U.S. wheat and corn futures rallied on Monday after a weekend attack that temporarily shut down key port for Ukrainian exports raised concerns about disruptions to grain shipments, traders said. Soybean futures dropped following rains in Argentina that alleviated concerns about crop shortfalls from that key export country. News that the […] Read more
Around 20 per cent of Mexico’s corn imports from the U.S. are white corn, used to make food products such as tortillas. (Bhofack2/iStock/Getty Images)
Corn, Crops, Reuters

U.S. lawmakers call for action over Mexico’s GM corn ban

Mexico says it's working on revisions

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Reading Time: 2 minutes Mexico City | Reuters — A group of bipartisan U.S. lawmakers called on Trade Representative Katherine Tai on Friday to start consultations under the Canada-U.S.Mexico trade agreement (CUSMA) over Mexico’s ban on genetically modified (GM) corn and the herbicide glyphosate. The letter signed by 24 members of Congress and led by Republican Representative Adrian Smith […] Read more
CBOT January 2023 soybeans with Bollinger bands (20,2). (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans ease on global stocks

Exports, South American weather underpin soy; corn steady

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Reading Time: 2 minutes Chicago | Reuters — Chicago soybeans eased on Friday after the U.S. Department of Agriculture (USDA) increased its estimate of global ending stocks, though strong exports and South American weather concerns underpinned the market. Corn traded both sides of even, despite an increase in U.S. stockpiles, while wheat eased. The most-active soybean contract on the […] Read more

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