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CBOT weekly outlook: December corn looks pricey above $4 mark

By Dave Sims, GFM Network News July 13, 2017

CNS Canada — A larger than expected carryout of U.S. corn supplies has cast a bearish tint over the market. In the U.S. Department of Agriculture’s monthly supply and demand report, the agency pegged domestic corn stockpiles for 2017-18 at 2.325 billion bushels, which exceeded the June projection of 2.11 billion. Futures quickly plunged lower,

Crops, Markets, Weather

U.S. grains: Wheat, corn, soy tumble on better weather, technicals

By GFM Network News, Michael Hirtzer July 13, 2017

Chicago | Reuters — U.S. grain and soy futures plummeted on Thursday, with wheat easing as much as five per cent in a technical selloff amid outlooks for slightly cooler temperatures and chances for rain next week in Midwestern growing regions, traders and analysts said. Wheat, corn and soybeans extended steep losses from Wednesday that

Crops, Markets

U.S. grains: Corn falls four per cent after USDA data

By GFM Network News, Julie Ingwersen July 12, 2017

Chicago | Reuters — U.S. corn futures fell four per cent on Wednesday after the U.S. Department of Agriculture raised its U.S. old- and new-crop corn ending stocks forecasts more than most analysts expected. Wheat and soybeans followed corn lower, with rains in Iowa and Illinois this week adding pressure. Chicago Board of Trade September

Crops, Markets, Weather

U.S. grains: Soybeans set four-month top

By GFM Network News, Julie Ingwersen July 11, 2017

Chicago | Reuters — U.S. soybean futures hit a four-month high Tuesday on worries about stressful crop weather in the Midwest and as traders squared positions one day ahead of monthly reports from the U.S. Department of Agriculture. Corn futures ended fractionally lower on profit-taking after a one-year high, while wheat ended higher after a

Crops, Markets, Weather

U.S. grains: Corn, soy, wheat rise as crop belt heats up

By GFM Network News, Julie Ingwersen July 10, 2017

Chicago | Reuters — U.S. corn and wheat futures rose more than two per cent on Monday, with corn setting a one-year high on worries about forecasts for potentially stressful heat in parts of the Midwest. Chicago Board of Trade wheat futures climbed nearly three per cent, led by outlooks for more hot and dry

Crops, Markets

U.S. grains: Wheat, corn futures fall

By GFM Network News, Mark Weinraub July 6, 2017

Chicago | Reuters — U.S. wheat futures fell on Thursday, shrugging off signs of further deterioration in already stressed crops, on a round of profit-taking following a rally to multi-year highs, traders said. Corn futures also fell, snapping a streak of seven straight higher closes, on pressure from the U.S. Agriculture Department’s surprise boost to

Crops, Markets

CBOT weekly outlook: Soy, corn enter summer weather market

By GFM Network News, Phil Franz-Warkentin July 5, 2017

CNS Canada — Soybean and corn futures posted solid gains over the past week, and may have more room to the upside as the U.S. Midwest enters the heat of summer. “It’s still early July, and we have the bulk of the important growing weather ahead of us,” said Rich Feltes, of RJ O’Brien in

(Photo courtesy Water Management Research Unit, ARS/USDA)

Crops, Markets

U.S. grains: Corn, wheat extend winning streak as forecast heats up

By GFM Network News, Mark Weinraub July 5, 2017

Chicago | Reuters — U.S. wheat futures rose for a sixth day in a row on Wednesday, with technical buyers stepping into the market after prices sank into negative territory, traders said. Chicago Board of Trade corn and soybean futures also closed higher. Corn, which has risen for seven straight trading sessions, received support from

(Gloria Solano-Aguilar photo courtesy ARS/USDA)

Livestock, Markets

U.S. livestock: Hogs rise on pork gains

By GFM Network News, Michael Hirtzer July 3, 2017

Chicago | Reuters — U.S. lean hog futures climbed to fresh life-of-contract highs on Monday, gaining on bear-spreading as wholesale pork prices reached the highest levels in more than two years. Dealers continued to buy back Chicago Mercantile Exchange July hog contracts and roll positions into deferred months such as most-active August hog futures, traders

Crops, Markets

U.S. grains: Chicago wheat above $5 on U.S., Canadian concerns

By GFM Network News, Julie Ingwersen June 30, 2017

Chicago | Reuters — Chicago Board of Trade wheat futures closed above US$5 a bushel on Friday for the first time in a year, buoyed by diminishing outlooks for spring wheat crops in both the U.S. and Canada, analysts said. CBOT soybean futures rose about three per cent and corn futures also followed the firming

Daily Network News

McCormick bets on flavor in $65 billion Unilever merger

Prairie Wheat Weekly: Good increases for wheat, while durum nudges up

Prairie forecast: Cooler than average temperatures expected to continue

Tag Archives USDA

CBOT weekly outlook: December corn looks pricey above $4 mark

U.S. grains: Wheat, corn, soy tumble on better weather, technicals

U.S. grains: Corn falls four per cent after USDA data

U.S. grains: Soybeans set four-month top

U.S. grains: Corn, soy, wheat rise as crop belt heats up

U.S. grains: Wheat, corn futures fall

CBOT weekly outlook: Soy, corn enter summer weather market

U.S. grains: Corn, wheat extend winning streak as forecast heats up

U.S. livestock: Hogs rise on pork gains

U.S. grains: Chicago wheat above $5 on U.S., Canadian concerns

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