On what would have been a bearish week on the Chicago Board of Trade ending Dec. 27, prices received a sharp boost as trading resumed after Christmas.
Tag Archives Corn
CBOT weekly outlook: Late Christmas gift for futures
Re-opening of U.S./Mexico rail crossings boosted corn, dryness lifted soybeans
China approves seed firms for GMO corn and soybeans
The world's biggest buyer of soybeans and corn wants to reduce its reliance on imports
China has approved a first batch of seed companies to breed and sell genetically modified corn and soybean seeds, paving the way for commercial planting of GMO grains in a move that could cut its reliance on imports from the U.S. and Brazil.
Baseball hype a case study for markets
Expert's Radar: Sometimes it’s too easy to be swept away in market excitement
For one brief shining moment, the best two-way baseball player in generations and most sought-after free agent this offseason, Shohei Ohtani, was definitely coming to play in Canada for the Toronto Blue Jays. All the signs were there: a private jet was flying from Los Angeles to Toronto; an upscale sushi restaurant was booked for
U.S. grains: Chicago soybean, grain futures firm ahead of holidays
Railways between U.S. and Mexico reopened five days after key trade routes closed
Chicago Board of Trade soybean and grain futures firmed on Friday, as traders adjusted their positions before the year-end holidays after a flurry of economic data showed underlying inflation pressures continuing to ease.
Rising loonie and weaker futures weigh on spring wheat bids
The Canadian dollar strengthened relative to its United States counterpart
Spring wheat bids in Western Canada were mostly lower during the week ended Dec. 21, as strength in the Canadian dollar and losses in the United States futures weighed on values.
More local barley destined for rations, but U.S. corn still moving
Prior to drought year 2021/22, Canadian corn imports had rarely topped two million tonnes
Recently revised supply/demand tables from Agriculture and Agri-Food Canada raised the forecast for domestic barley usage in the current crop year to 6.155 million tonnes. That compares with an earlier forecast of 5.471 million tonnes. If realized, that would be up by roughly 200,000 tonnes from the previous year.
U.S. grains: Soybeans fall on Brazilian rain forecasts
Corn up on technical bounce, wheat up on weaker dollar
Chicago soybean futures fell on Thursday as traders focused on forecasts calling for rain in Brazil, tempering some concerns over yield losses in the world's top oilseed exporter.
China to push for higher grain yields to ensure food security
Chinese corn breeders are preparing to double the amount of GMO corn planted next year
China, the world's top buyer of soy and corn, will push for higher grain yields across large areas of farmland as it seeks to ensure food security for its huge population, state media reported on Wednesday, citing an annual rural policy meeting.
U.S. grains: Chicago corn futures hit new lows
Exports being lost because of US-Mexico rail crossing closures, industry says
Chicago front-months' corn contracts hit new lows on Wednesday after the U.S. government closed two key rail crossings into Mexico, the top importer of U.S. corn, in response to rising migrant crossings.
CBOT weekly outlook: U.S. wheat remains rangebound
U.S. wheat prices essentially bottomed out during late November; recovered somewhat in December
United States wheat prices have been in something of a quandary lately, with any hope of higher prices curtailed by the need to remain competitive with cheaper Russian wheat, according to Tom Lilja of Progressive Ag in Fargo, North Dakota.