Reading Time: 3 minutes U.S. farmers are expected to only cut back slightly on corn acres as it nears break-even prices and seems less politically risky than soybeans.
As U.S. agriculture flails, farmers see big corn acres as best bet to break even
U.S. grains: Soybeans turn higher as traders weigh China demand; wheat climbs
Reading Time: 2 minutes Chicago | Reuters – Chicago soybean futures turned higher on Wednesday on technical buying and continued hopes of stronger Chinese demand, analysts said, with the benchmark contract heading back toward a two-month peak set last week. Wheat rose on what appeared to be fund-driven short-covering, while corn futures sagged in choppy trade. Chicago Board of […] Read more
U.S. grains: Soybeans rise on export optimism; corn, wheat nearly flat
Reading Time: 2 minutes Chicago | Reuters – Chicago soybean futures rose about one per cent on Tuesday on optimism about demand for U.S. supplies, analysts said, but stayed below a two-month high set last week. Corn settled flat to firmer after the U.S. Department of Agriculture in a monthly report raised its forecast of U.S. corn exports for […] Read more
U.S. grains: Soy futures pull back as Brazil harvest advances
Reading Time: 2 minutes Chicago | Reuters – U.S. soybean futures fell on Monday on profit taking after a rally last week drove prices to a two-month high well above $11 a bushel, tied to U.S. President Donald Trump’s remarks that China may buy more beans from the United States. The expanding harvest of a record-large Brazilian soybean crop […] Read more
U.S. grains: Soybeans climb as soyoil futures surge
Reading Time: 2 minutes Chicago | Reuters – U.S. soybean futures rose one per cent on Thursday as reminders of strong domestic demand and a surge in soyoil futures overshadowed pressure from the imminent harvest of a massive Brazilian soy crop, analysts said. Corn and wheat futures ticked lower, anchored by plentiful global grain supplies. Chicago Board of Trade […] Read more
U.S. grains: Soybeans hit six-week low as Brazilian harvest looms; corn, wheat sag
Reading Time: 2 minutes Chicago | Reuters – Chicago soybean futures fell to six-week lows on Friday as worries about slowing export demand for U.S. supplies and the looming harvest of a large Brazilian crop spurred a round of long liquidation, analysts said. Corn and wheat futures followed the weak tone, pressured by rising global grain supplies. Chicago Board […] Read more
U.S. grains: Corn and wheat futures firm on brisk exports, softer dollar
Reading Time: 2 minutes U.S. corn and wheat futures firmed on Thursday, supported by brisk export sales and a softer dollar, which tends to make U.S. grains more competitive globally, analysts said. Soybean futures clung to modest gains.
U.S. grains: Wheat futures slide on rising world production estimates
Reading Time: 2 minutes U.S. wheat futures fell more than one per cent on Wednesday to their lowest since late October on reminders of rising global supplies of the food grain, analysts said. Corn futures also sagged while soybean futures rebounded from multi-week lows, buoyed in part by news of fresh U.S. soy export sales. Chicago Board of Trade […] Read more
U.S. livestock: Cattle futures end higher on cold weather, rising cash prices
Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange (CME) cattle futures closed higher on Thursday for the third straight session, as cold and snowy conditions in the U.S. Plains and Midwest this week helped to lift cash cattle prices, brokers said. CME February live cattle LCG26 settled up 2.100 cents at 224.000 cents per pound after […] Read more
U.S. grains: Corn, soybeans higher in technical bounce; wheat firms
Reading Time: 2 minutes Chicago | Reuters – Chicago corn futures rose modestly on Thursday on chart-based buying, firm cash markets and reminders of brisk export demand for U.S. supplies, analysts said. Soybean and wheat futures followed the firm trend, shrugging off pressure from larger-than-expected estimates of Canada’s wheat and canola harvests. Chicago Board of Trade March corn futures […] Read more
A message from April Stewart, Country Guide's Associate Editor
