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Tag Archives Corn

CBOT Soybeans ZSH24 on Jan. 16 with Bollinger bands. (Barchart)
Markets

U.S. grains: Soybean futures firm as traders wrestle with Brazilian output forecasts

Conflicting South American soy crop forecasts roil trade; market processing USDA crop production report

By GFM Network News, P.J. Huffstutter, Reuters January 16, 2024
Chicago Board of Trade soybean futures ended higher on Tuesday on a technical bounce, amid a day of volatile trading and a flurry of news with conflicting pricing guidance, traders said.

Corn ZCH24 on Jan. 12 with 20-day moving average. (Barchart)
Markets

U.S. grains: Corn plunges on robust supplies, sluggish US demand

Soybeans fell to lowest price in 26 months on larger Brazilian crops, U.S. yield

By GFM Network News, P.J. Huffstutter, Reuters January 12, 2024
Chicago corn futures plunged to a three-year low on Friday after the U.S. Department of Agriculture reported that U.S. corn stocks swelled to their highest levels since 2018


(RGtimeline/iStock/Getty Images)
Markets

US corn stocks swell as world recovers from tighter supplies

Global corn ending stocks are projected to hit a six-year high in 2023/34

By GFM Network News, Reuters, Tom Polansek January 12, 2024
U.S. corn inventories last month swelled to their largest level since 2018, the U.S. Department of Agriculture said on Friday, as global supplies recover from multi-year lows.

The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)
Markets

U.S. grains: Soy futures near two-year lows as traders await US crop reports

Corn futures eased; wheat futures also slumped

By GFM Network News, Reuters, Tom Polansek January 11, 2024
Chicago Board of Trade soybean futures ended flat on Thursday and remained near their lowest level since December 2021 amid lackluster demand for U.S. exports and an improved South American supply outlook.


Photo: Thinkstock
Crops, Markets

IGC raises wheat, corn, cuts soybeans 

IGC upped projected total grain ending stocks to 590.2 million tonnes

By GFM Network News, Glen Hallick - MarketsFarm January 11, 2024
As the world’s supply of grain for 2023/24 was increased to 2.307 billion tonnes, the International Grain Council bumped its projections for wheat and corn, while trimming those for soybeans. 

(Geralyn Wichers photo)
Livestock, Markets

Feed grain weekly outlook: More U.S. corn deliveries to feedlots 

Frigid temperatures unlikely to disrupt grain deliveries, analyst says

By Adam Peleshaty – MarketsFarm, GFM Network News January 11, 2024
The New Year still hasn’t whetted the appetite for corn from the United States to Alberta feedlots. 


The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)
Markets

U.S. grains: Soybeans fall on demand concerns, Brazilian crop outlook

Corn, wheat futures were steady to up

By GFM Network News, P.J. Huffstutter, Reuters January 10, 2024
Chicago soybean futures fell on Wednesday, shedding gains from the previous session, amid growing market concerns about export demand and improving weather for Brazil's oilseed crop.

Photo: Thinkstock
Crops, Markets

CBOT weekly outlook: Big surprises unlikely in S/D report 

Watch out for which side of two billion bushels U.S. corn carryout lands, analyst says

By GFM Network News, Glen Hallick - MarketsFarm January 10, 2024
Ahead of the monthly report from the United States Department of Agriculture on Jan. 12, Allendale Inc. president Steve Georgy said he’s not expecting any major surprises for U.S. corn, soybeans or wheat at this point in the 2023/24 marketing year. 


Corn ZCH24 on Jan. 9 with 20-day moving average. (Barchart)
Markets

U.S. grains: Soybean and corn futures rebound from multiyear lows

Wheat futures jump after a sharp drop on Monday

By GFM Network News, Reuters, Tom Polansek January 9, 2024
Chicago Board of Trade soybean and corn futures rebounded on Tuesday on short covering and technical buying after sliding to multiyear lows earlier in the session.

Corn ZCH24 on Jan. 8, with Bollinger bands. (Barchart)
Markets

U.S. grains: Corn, soy hit multi-year lows as oil sinks, rains aid Brazil crops

Concerns over Chinese demand for U.S. soybeans and wheat hung over the futures markets

By GFM Network News, Reuters, Tom Polansek January 8, 2024
U.S. corn futures sank to their lowest level in more than three years on Monday and soybean futures set a two-year low as steep declines in crude oil prices spilled over into agricultural markets.


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