CBOT Corn ZCH24 on Jan. 24 with Bollinger bands. (Barchart)

U.S. grains: Corn up 1.3 per cent on South America weather worries, softer dollar

Wheat futures ended up 2.4 per cent on technical buying and weakness in the dollar

Chicago Board of Trade corn futures rose 1.3 per cent on Wednesday as uncertainty about crop prospects in South America and a setback in the dollar triggered a round of short-covering and lifted the benchmark corn contract Cv1 from three-year lows set last week, traders said.






Grain markets by the numbers

Grain markets by the numbers

USDA has released a lot of information that may move futures

The United States Department of Agriculture released a slew of data on Jan. 12 that could provide nearby direction for futures heading through the relatively quiet winter months. U.S. production The final production numbers for the 2023-24 U.S. growing season placed soybean yields at 50.6 bushels per acre and corn yields at 177.3 bu./ac. Both were well above trade