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Soybean, corn market futures await USDA data
Corn, Markets, Soybeans

Soybean, corn market futures await USDA data

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Reading Time: < 1 minute CNS Canada – Improving Midwestern weather forecasts weighed on soybean and corn futures at the Chicago Board of Trade during the week ended August 2, with all eyes now turning to upcoming USDA data. The USDA is set to release a number of key reports on August 10, including updated world supply/demand numbers and US […] Read more
Photo: iStock
Corn, Reuters

Court decision may boost biofuels, hit refiners

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Reading Time: 2 minutes New York / Reuters – The U.S. government may have to require more biofuels to be blended into the country’s fuel supply after a court ruled on Friday that the mandates must be reconsidered, a decision that boosted renewable fuel credits to seven-month highs on financial markets. The decision sank stock prices of independent refiners […] Read more
(Lisa Guenther photo)
Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Corn, soy seen rising

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Reading Time: < 1 minute CNS Canada — Corn and soybean futures at the Chicago Board of Trade are moving in turbulent trade with each U.S. weather forecast. “It’s all on raindrops right now,” said Scott Capinegro of Barrington Commodity Brokers. Recent forecasts for rain have pressured corn and soybean markets, though declining crop conditions could provide support moving forward. […] Read more
(Syngenta.com)
Corn, Crops, Reuters

China approves two more GMO crops for import

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Reading Time: 2 minutes Beijing | Reuters — China has approved two more genetically modified (GMO) crops for import, the Ministry of Agriculture said, the second such move in the past month to expand access to biotech seeds as part of Beijing’s 100-day trade talks with Washington. The two new crops, approved from July 16 for a period of […] Read more
(Lisa Guenther photo)
Corn, Crops, Markets, Soybeans

CBOT weekly outlook: December corn looks pricey above $4 mark

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Reading Time: < 1 minute CNS Canada — A larger than expected carryout of U.S. corn supplies has cast a bearish tint over the market. In the U.S. Department of Agriculture’s monthly supply and demand report, the agency pegged domestic corn stockpiles for 2017-18 at 2.325 billion bushels, which exceeded the June projection of 2.11 billion. Futures quickly plunged lower, […] Read more
(Dow.com)
Corn, Crops, Reuters

Dow to sell part of Brazil corn seed business

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Reading Time: < 1 minute Reuters — Dow Chemical said it had agreed to sell a portion of its corn seed business in Brazil to a unit of China’s CITIC Ltd. for US$1.1 billion as it seeks to gain approval for its merger with DuPont from the country’s antitrust regulator. The divestiture includes seed processing plants and seed research centers, […] Read more
Corn, Crops, Markets, Reuters

U.S. farmers running out of opportunities to sell corn at profit

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Reading Time: 2 minutes Washington | Reuters — U.S. farmers who have been holding out for higher prices for their corn may finally sell their grain below target levels in the next few weeks as a government report released Friday underscores the huge supplies left in storage bins around the country, analysts said. The U.S. Agriculture Department said that […] Read more

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