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.
Global corn ending stocks are projected to hit a six-year high in 2023/34
Corn futures eased; wheat futures also slumped
IGC upped projected total grain ending stocks to 590.2 million tonnes
Corn, wheat futures were steady to up
Chicago soyoil has shown some stability, underpinning canola
Watch out for which side of two billion bushels U.S. corn carryout lands, analyst says
Wheat futures jump after a sharp drop on Monday
Concerns over Chinese demand for U.S. soybeans and wheat hung over the futures markets
Several firms have dropped Brazil soybean projections on seeding delays, weather
Crops suffered from lack of humidity; now rains are hampering harvest in some areas