Global Corn Scenario: U.S. Grows Less, China Eats More

U.S. corn supplies, already stretched thin by relentless feed, fuel and food demand, will grow even tighter in the coming year due to a rain-shortened crop, the government projected June 9. The USDA said rains and floods prevented farmers from planting all the corn they had planned. That means a drop of 300 million bushels


World’s Skies Rain Bulls And Bears

ICE Futures Canada canola contracts bounced around within a rather narrow range during the week ended June 3, seeing some consolidation after climbing to their highest levels in months the previous week. Both the old-crop July and the new-crop November contract ran into stiff chart resistance at the $600-per-tonne level, which may have factored into




Bidding War Heats Up For Low U.S. Corn Supplies

Abidding war is heating up among users of corn in the United States as livestock feeders and ethanol makers scramble to lock in supplies before extremely low stocks run dry by this summer. And it could escalate even more with any delay in harvesting the crop in the flood-ravaged U.S. South, or if China steps


ICE Canada To Trade Wheat As Monopoly Ends

ICE Futures Canada will launch spring wheat and durum contracts early next year to take advantage of Ottawa’s planned dismantling of the Canadian Wheat Board’s grain monopoly, its chief operating officer said on May 19. The spring wheat contract will compete for liquidity with one offered by the Minneapolis Grain Exchange, but will also complement