Reading Time: 2 minutes Chicago Board of Trade corn futures on Friday dipped below $4 per bushel in the front-month contract Cc1 for the first time since November 2020, as hefty U.S. and global supplies weighed over the market.
Soybeans
U.S. grains: Corn and soybeans slump on supply glut, export competition
Wheat futures weaken as U.S. files sanctions against Russia
U.S. grains: Corn, soy hit multi-year lows as South American supply fears wane
Rising stockpiles, falling Chinese demand spurred massive short in corn, soy
Reading Time: 2 minutes U.S. corn and soybean futures fell to three-year lows on Thursday, dragged down by expectations of ample South American harvests and rising stockpiles at a time of uncertain demand, analysts said.
Feed barley under pressure, but opportunities available
Corn downturn likely to keep feedlots looking to extend coverage
Reading Time: < 1 minute Feed barley bids in Western Canada remained under pressure in mid-February amid continued imports of corn from the United States and the relatively mild Prairie winter. However, localized spot opportunities do pop up occasionally.
U.S. farmers face harsh economics with record corn supplies in silos
Growers miscalculated when they held on to corn rather than booking sales, experts say
Reading Time: 5 minutes Farmers across the United States are kicking themselves for putting off corn sales after fields dried up in May and June, fueling expectations for higher prices and smaller harvests. Instead, prices tanked as rains saved the crop. The size and speed of the price collapse stung farmers and left their storage bins stuffed with record amounts of corn.
U.S. grains: Corn slides to three-year low near $4 a bushel on ample supplies
Soybeans followed corn lower; wheat ended mostly weaker
Reading Time: 2 minutes Chicago | Reuters -- U.S. corn futures fell to three-year lows on Wednesday, nearing $4 a bushel as ample domestic grain supplies and strong South American crop prospects weighed on sentiment, analysts said.
ICE Canada weekly outlook: Markets to react to Nvidia earnings report
Tech giant, while unrelated to crops, asserts gravitational pull on markets
Reading Time: < 1 minute The path canola as well as other commodities will very likely be determined by the latest earnings report from technology giant, Nvidia, according to analyst Errol Anderson of Errol’s Commodity Wire in Calgary, Alta.
U.S. grains: Wheat rises nearly four per cent on short-covering, corn and soy climb
Reading Time: 2 minutes Chicago | Reuters – Chicago Board of Trade (CBOT) wheat futures rose nearly four per cent on Tuesday, rebounding from life-of-contract lows as a softer dollar and the approach of the spring growing season in the northern hemisphere sparked a short-covering rally, analysts said. CBOT corn and soybeans also closed higher but hovered near multi-year […] Read more
Record large fund short position grows in canola
Net short in soybeans, corn also grew
Reading Time: < 1 minute Speculators added to their already record large net short position in early February, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
U.S. grains: Soy futures rebound as corn sets new three-year lows
Soybean market oversold, analyst says
Reading Time: 2 minutes Chicago Board of Trade soybean futures jumped on Friday on short covering before a long weekend, a day after slumping to a three-year low, analysts said.
U.S. corn, soybean, wheat yields to rise in 2024/25
More soybean acres; corn and wheat area to drop
Reading Time: 2 minutes Yields for United States soybeans, corn and wheat were projected to increase in 2024/25, according to the Department of Agriculture at its 100th annual Outlook Forum on Feb. 15. Also, the USDA said there’s to be more soybean acres but less for corn and wheat for the coming crop year.