Reading Time: 2 minutes Grain prices at the Chicago Board of Trade were on the weaker side for the week ended July 16 due to last week's USDA report and ongoing trade tensions.
CBOT Weekly: Grain prices showing weakness
USDA report, trade tensions pressure markets
U.S. grains: Corn futures edge up, soybeans sag on improving US crop ratings
Reading Time: 2 minutes Chicago Board of Trade corn futures extended slight gains on Tuesday as short covering and bargain buying continued to support a rebound from contract lows reached during the previous session.
U.S. grains: Corn rebounds from contract lows on short covering, bargain buying
Reading Time: 2 minutes Bargain buying and short covering lifted U.S. corn futures on Monday after the market slid to contract lows on expectations for strong U.S. output, traders said.
China soybean imports hit record June high on strong Brazil shipments
Reading Time: < 1 minute China’s soybean imports hit the highest level ever for the month of June, a Reuters calculation of customs data showed on Monday, driven by a surge in shipments from top supplier Brazil.
U.S. grains: Corn sets contract lows on expectations for big US crop
Reading Time: 2 minutes Chicago Board of Trade corn futures set contract lows and soybean futures sagged on Friday on expectations that beneficial weather for U.S. crops will lead to bumper harvests, analysts said.
USDA adjusts supply/demand estimates
Corn/soybean yields unchanged
Reading Time: 2 minutes Corn and soybean yields in the United States were left unchanged in the latest supply/demand estimates from the U.S. Department of Agriculture, released July 11, although a reduction in harvested area led to small downward revisions to production for the crops.
USDA cuts US corn stocks outlook after raising exports to record high
Reading Time: < 1 minute The U.S. Department of Agriculture lowered its U.S. corn supply forecast in a monthly supply-and-demand report on Friday and raised its outlook for U.S. exports of the grain this season to a record high following a strong pace of overseas shipments.
U.S. grains: Wheat futures rise on supply snags in top-exporter Russia
Reading Time: 2 minutes U.S. wheat futures closed higher on Thursday on concerns over the limited availability of supplies for export in Russia, analysts said.
U.S. grains: Corn rises after setting contract lows on favorable US crop prospects
Reading Time: 2 minutes Chicago Board of Trade corn futures turned higher on Wednesday after favorable U.S. crop conditions pushed prices to contract lows.
CBOT weekly: USDA/weather in focus for corn and soybeans
Midwestern conditions favourable
Reading Time: < 1 minute Warm Midwestern temperatures and timely precipitation weighed on corn and soybean futures at the Chicago Board of Trade coming out of the Independence Day long weekend. Weather should remain a major market driver through the growing season, although some short-term direction could come from the monthly United States Department of Agriculture supply/demand estimates due out on July 11.
A message from April Stewart, Country Guide's Associate Editor
