Corn Archives - Page 67 of 245

CBOT December 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Corn, soy slide as Midwest rain outlook improves

Wheat drops on Russia production outlook

By Julie Ingwersen June 27, 2023

Reading Time: 2 minutes Chicago | Reuters — U.S. new-crop corn and soybean futures fell on Tuesday to their lowest in more than a week, pressured by forecasts for much-needed rains in the Midwest where crops have been deteriorating under dry conditions, analysts said. Wheat futures tumbled more than five per cent as worries subsided about political instability in […] Read more

Canola, Crops, Markets

Net short drops in canola as funds cover positions

Traders expand net longs in soy, corn

By Phil Franz-Warkentin June 27, 2023

Reading Time: < 1 minute MarketsFarm — Speculative traders were busy covering short positions in ICE Futures canola during the week ended June 20, taking the net short position in the market to its smallest level in four months, according to the latest Commitments of Traders report from the U.S. Commodity Futures Trading Commission (CFTC). As of June 20, the […] Read more

CBOT September 2023 soft red winter wheat with 200-day moving average, MGEX September 2023 hard red spring wheat (yellow line) and K.C. September 2023 hard red winter wheat (orange line). (Barchart)

Crops, Markets, Reuters

U.S. grains: Wheat retreats after Russia worries lift market

Wheat down off four-month peak; corn and soybeans also retreat

By Karl Plume June 27, 2023

Reading Time: 2 minutes Chicago | Reuters — Chicago wheat futures declined on Monday in a technical and profit-taking retreat after concerns about political stability in major exporter Russia had lifted prices earlier to four-month highs. Corn ended mixed and soybeans closed below session highs as milder temperatures and crop-boosting rains in parts of the U.S. Midwest over the […] Read more

Crops, Markets, Reuters, Weather

U.S. grains: Corn, soybeans, wheat fall ahead of weekend

Rainfall in U.S. Midwest forecasts

By Mark Weinraub June 24, 2023

Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade corn and soybean futures fell to one-week lows on Friday, pressured by forecasts for beneficial rains in the U.S. Midwest, traders said. Wheat futures also were lower, with traders locking in profits from a rally that has pushed prices higher for five weeks in a row. Signs […] Read more

Barley, Crops, Markets

Feed weekly outlook: Rains lift interest, prices

Dry conditions in U.S. Corn Belt supportive

By Glen Hallick - MarketsFarm June 22, 2023

Reading Time: < 1 minute MarketsFarm — When Alberta was dry, feed prices drew little interest according to Susanne Leclerc of Market Master Ltd. in Edmonton. But that changed after some timely rains, with prices on the rise. “There’s more demand than we have seen in a while,” Leclerc said. “When crops were looking crappy and people were worried about […] Read more

CBOT November 2023 soybeans with Bollinger bands (20,2). (Barchart)

Crops, Markets, Reuters

U.S. grains: Soy, corn down off multi-month highs

CBOT winter wheat firm

By Mark Weinraub June 22, 2023

Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade corn and soybean futures fell on Thursday, pressured by a round of profit-taking and some weather outlooks that called for relief to drought-stricken crops in the U.S. Midwest, traders said. “The markets have obviously been overbought on the run-up here on weather,” said Mark Soderberg, grains research […] Read more

CME August 2023 live cattle with 10-, 20- and 50-day moving averages. (Barchart)

Livestock, Markets, Reuters

U.S. livestock: Cattle futures rise, hogs fall

Feeder cattle back in Bollinger range

By Mark Weinraub June 22, 2023

Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange feeder cattle futures firmed on Thursday, rebounding from a sharp decline a day earlier on support from weakness in the corn market. Live cattle futures also closed higher but hog contracts weakened, extending a sell-off that started on Wednesday as traders said the market remained technically overbought. Analysts […] Read more

Crops, Markets

AAFC’s June supply/demand estimates mostly unchanged

Corn exports adjusted upward

By Phil Franz-Warkentin June 22, 2023

Reading Time: 2 minutes MarketsFarm — Monthly supply/demand projections from Agriculture and Agri-Food Canada were left mostly unchanged in June, as the department awaits updated acreage estimates from Statistics Canada at the end of the month. Only corn saw any adjustments in the numbers from May, with a 200,000-tonne increase in 2022-23 exports, now at 2.05 million tonnes, resulting […] Read more

Crops, Machinery, Reuters

U.S. to boost biofuel mandates over next three years

Biofuel groups still feel shortchanged

By Jarrett Renshaw, Stephanie Kelly June 22, 2023

Reading Time: 3 minutes Reuters — The Biden administration on Wednesday increased the amount of biofuels that oil refiners must blend into the United States’ fuel mix over the next three years, but the plan has angered the biofuel industry, which says mandates for corn-based ethanol and biodiesel are not high enough. The U.S. Environmental Protection Agency has finalized […] Read more

Crops, Markets, Weather

CBOT weekly outlook: Weather fuels rallies in grain prices

Rains expected in U.S. Plains states

By Adam Peleshaty June 22, 2023

Reading Time: 2 minutes MarketsFarm — Weather and less-than-stellar crop conditions were the primary factors that caused week-long rallies on the Chicago Board of Trade (CBOT) for the week ended Wednesday. Ongoing dryness in most areas of the U.S. saw crops begin to deteriorate. The corn crop dropped six points to 55 per cent good to excellent as of […] Read more

Daily Network News

Moroccan fertilizer maker OCP expects output to drop 30 per cent in Q2, sources say

Feed Grain Weekly: Demand rises despite war uncertainty

How farmers can manage stress, anxiety during spring seeding

Tag Archives Corn