Corn acres in the United States may end up even lower than early expectations if the market remains under pressure, according to an analyst.
Corn
CBOT weekly outlook: Corn acres could drop further says strategist
Lower prices blamed on funds, 'too much farmer ownership'
Farm margins like squeezing profits from a dry sponge
High costs and low commodity prices lead to return of tight margins
Farmers can expect tighter margins for the foreseeable future, says Manitoba Agriculture farm management specialist Darren Bond. “This is not 2022 or even the early parts of 2023; this is a return to historic-type margins,” said Bond. “I think that profit is still attainable for this upcoming year but we’re going to have to work
U.S. grains: Wheat rises nearly four per cent on short-covering, corn and soy climb
Chicago | Reuters – Chicago Board of Trade (CBOT) wheat futures rose nearly four per cent on Tuesday, rebounding from life-of-contract lows as a softer dollar and the approach of the spring growing season in the northern hemisphere sparked a short-covering rally, analysts said. CBOT corn and soybeans also closed higher but hovered near multi-year
Festive spirit misses grain markets
Expert’s Radar: While Brazil buzzed with Carnival, estimates discouraged grain and oilseed markets
Brazilians were enjoying their most popular holiday of the year as this column went to print, celebrating Carnival with parties, parades, music, samba dancing and an all-around good time. Farmers there hopefully had a chance to partake in the festivities but were likely busy on their fields as well. Soybeans Brazil is the world’s largest
Corn-soybean intercrop put to grazing test
The novel crop combination is getting an even more novel utility test
[UPDATED: Feb. 23, 2024] Brett McRae is spicing up his corn grazing system this year. He’s got more than one variety growing – a grazing-oriented option and the typical silage corn – but the real experiment is happening beneath the canopy. This year, the corn shared space with forage soybean and hairy vetch. The beans
Record large fund short position grows in canola
Net short in soybeans, corn also grew
Speculators added to their already record large net short position in early February, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
U.S. grains: Soy futures rebound as corn sets new three-year lows
Soybean market oversold, analyst says
Chicago Board of Trade soybean futures jumped on Friday on short covering before a long weekend, a day after slumping to a three-year low, analysts said.
Grain shipments see smooth sailing on small crop
New Years cold snap the one spanner in the works, speaker says
At the midway point of the 2023–2024 shipping year, grain shipments appear to be moving at a good clip. “In the last 12–18 months, we’ve seen some really good performance from both of the railroads, said Quorum Corporation’s Mark Hemmes. “The exception was the last four or five weeks, and that was largely driven by
U.S. corn, soybean, wheat yields to rise in 2024/25
More soybean acres; corn and wheat area to drop
Yields for United States soybeans, corn and wheat were projected to increase in 2024/25, according to the Department of Agriculture at its 100th annual Outlook Forum on Feb. 15. Also, the USDA said there’s to be more soybean acres but less for corn and wheat for the coming crop year.
U.S. grains: Corn, soy futures set new three-year lows as US forecasts hefty supplies
U.S. soybean crushings dropped more than expected from a record high
U.S. forecasts for increasing crop inventories on Thursday drove corn and soybean futures to their lowest prices in more than three years as traders remained worried about strength of demand.
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