Reading Time: < 1 minute The International Grains Council (IGC) on Thursday cut its forecast for 2024/25 global corn production, largely reflecting a downward revision for the United States.
IGC trims global corn forecast
U.S. grains: Corn firm on Argentina weather worries, soybeans retreat
Reading Time: 2 minutes Benchmark U.S. corn futures rose on Wednesday, hovering near one-year highs as traders continued to adjust to a tighter supply outlook projected last week by the U.S. Department of Agriculture (USDA) and fretted about Argentine crop weather, analysts said.
CBOT Weekly: S/D report underpinning U.S. corn, soybeans
More winter wheat acres pressures prices
Reading Time: 2 minutes Corn and soybean futures on the Chicago Board of Trade continued to be supported by the latest supply and demand report issued by the United States Department of Agriculture, said analyst Bryan Strommen of Progressive Ag in Fargo, ND. Meanwhile, wheat has been contending with pressure from an increase in acres.
USDA announces new interim rule for biofuel guidelines
Reading Time: 2 minutes The U.S. Department of Agriculture announced a new interim rule on Jan. 15, 2025 to aid production of biofuel feedstock crops as well as promote climate-smart agriculture.
Cuts to U.S. soybean, corn production
U.S. soybean, corn stocks mixed, more winter wheat planted
Reading Time: 2 minutes The United States Department of Agriculture cut its calls for 2024/25 U.S. soybean and corn production in its World Agricultural Supply and Demand Estimates (WASDE) released Jan. 10.
ICE Weekly: No news means no canola price movement
Reading Time: 2 minutes A lack of significant news has prevented canola prices at the Intercontinental Exchange to break out of its recent trading range to start 2025.
CBOT weekly: Chicago soybeans/corn looking for direction
Reading Time: 2 minutes South American weather forecasts, positioning ahead of the Jan. 10 United States Department of Agriculture supply/demand report and uncertainty over trade policies under the incoming Trump administration were all influencing the Chicago grain and oilseed markets during the first days of 2025.
Dry weather could affect Argentina oilseed harvest: USDA attaché
Buenos Aires desk estimates differ from USDA numbers
Reading Time: 2 minutes Dry weather in Argentina could affect the country's oilseeds as harvest approaches, reported the United States Department of Agriculture attaché in Buenos Aires.
Canadian Prairies, U.S. Midwest to get colder in January as South America becomes hotter, drier
Some warmer temps for Prairies during week of Jan. 6
Reading Time: 2 minutes Meteorologist Drew Lerner said he expects colder than normal temperatures across the Canadian Prairies and much of the United States Midwest in January, while a good portion of South America is to be hotter than normal.
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AAFC adjusts monthly estimates, cites caution for canola exports
Impact of China's anti-dumping investigation unknown at this time
Reading Time: 2 minutes Agriculture and Agri-Food Canada adjusted its latest supply and demand estimates issued on Dec. 19. This followed the updated Statistics Canada figures from two weeks ago.