Reading Time: 2 minutes Old crop corn and soybean prices in the United States will likely rally this spring, according to an agricultural economist.
Commodity Classic: ‘Strong evidence’ for old crop price rally says economist
Booming renewable diesel industry seen as a positive
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.
USDA attaché sees improvement in Argentina wheat, corn
Recent hot spell in Argentina may have eroded potential corn yields
Reading Time: < 1 minute Ahead of the February supply and demand estimates from the United States Department of Agriculture, the department’s attaché in Buenos Aires issued their grain and feed update on Argentina.
Funds back adding to shorts in canola after month of covering
Corn traders were on the other side of the market
Reading Time: < 1 minute After a month of covering short positions, fund traders were back adding to their bearish bets to start December, with the net short position in the oilseed growing by roughly 13,000 contracts, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
Choppy corn and soy markets expected
Reading Time: 2 minutes CNS Canada – Chicago Board of Trade (CBOT) soybean contracts could see some action this week as the November contract near expiry. The corn contracts could also be hopping around during the week. “We’re getting some pressure in these markets because of the harvest pace that’s going on for the U.S. producer. So farmers are […] Read more
A strategy for uncertain corn markets
Market fundamentals are excellent, and European sales will surely help. But what will Mr. Trump do next?
Reading Time: 5 minutes Growing corn can be an exciting and rewarding experience. Over the years we have seen amazing genetic improvements from the hybrid corn that we grow in our fields. Then, with planting taking place in late April and early May in Ontario and Quebec, it takes almost no time before the corn is poking through the […] Read more
What’s in store for corn markets in 2018?
For Canada’s corn growers, it is the best of times and the worst of times
Reading Time: 5 minutes There is no question that growing corn is a rewarding thing to do. Increases in productivity over the last several years have helped farmers boost yields across Canada as well as throughout the greater American Corn Belt. This has led to an abundance of corn on the ground almost everywhere, but with a corresponding drop […] Read more
CBOT weekly outlook: Corn and soybean markets quietly await USDA reports
Reading Time: 2 minutes CNS Canada – Corn and soybean contracts are remaining quiet at the Chicago Board of Trade (CBOT) as traders await United States Department of Agriculture (USDA) reports due out next week. “(The report is) a big one. I guess most (people are) and I am too looking for a little bit bearish numbers again,” said […] Read more
Speculative buying sees canola prices firm up
Reading Time: 2 minutes Winnipeg | CNS Canada – ICE Canada canola prices bounced around within a wide range during the week ended November 17, but finished on a firmer note as a rally in Chicago Board of Trade soybeans gave canola a boost. Any strength was largely tied to chart-based speculative buying, with no real fresh fundamental news […] Read more
USDA boosts corn harvest view above expectations on record yields
Reading Time: 2 minutes Washington | Reuters – U.S. corn production will be higher than expected as harvest yields came in at record levels despite some concerns about the crop throughout the growing season, government data showed on Thursday. The U.S. Agriculture Department in its monthly supply and demand report said the bumper corn harvest will raise stockpiles of […] Read more
A message from April Stewart, Country Guide's Associate Editor
