Chicago Board of Trade corn futures closed lower on Friday after the market stormed to an 18-month high on strong U.S. export demand, traders said.
Soybeans
U.S. grains: Corn futures finish lower after hitting 18-month high
U.S. grains: Soy futures rebound amid South America crop concerns
Chicago Board of Trade soybean futures rose on Thursday, recouping losses from the previous session with support from lingering concerns about poor crop weather in South America, analysts said.
US oil, biofuel groups unite to urge new Trump EPA to boost biofuel mandates
U.S. oil and biofuel groups banded together this week to urge the new Trump administration to increase volumes of renewable fuels that must be blended into the nation's fuel mix in 2026 and beyond, according to a letter seen by Reuters.
IGC trims global corn crop forecast as South America outlook cut
The International Grains Council (IGC) has cut its forecast for 2024/25 global corn production, largely reflecting a diminished outlook for crops in Brazil and Argentina.
U.S. grains: Corn futures pull back from 16-month high
Chicago Board of Trade corn futures pulled back from a 16-month high on Wednesday as traders booked profits and anticipated that recent gains will drive bigger U.S. plantings this spring.
Brazil 2024/25 soy forecast cut due to drought during crop tour
Brazilian soybean farmers will reap 171.3 million metric tons of soybeans in the 2024/25 season, less than the 172.4 million tons forecast in January, agribusiness consultancy Agroconsult said on Wednesday after inspecting about half of the fields in a nationwide crop tour.
U.S. grains: Corn futures hit 16-month high above $5 a bushel
Chicago Board of Trade corn futures reached a 16-month high above $5 a bushel on Tuesday on robust U.S. export demand and expectations that inventories may tighten, analysts said.
Funds move to large net long position in canola
First net long since 2023
Speculative fund traders moved to a net long position in canola for the first time in one-and-a-half years, as they covered short positions and put on fresh bullish bets in early February, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
EU plans to restrict imported crops treated with banned pesticides, draft shows
The European Union is planning tougher restrictions on imported crops treated with pesticides banned in Europe, a draft European Commission document showed, a move that would impact suppliers including the U.S.
U.S. grains: Chicago wheat hits four-month high as cold threatens Russia, US crops
Chicago Board of Trade wheat futures Wv1 soared on Friday to their highest price since October, and analysts said support from blistering cold weather in the Black Sea and U.S. Plains regions prompted short covering.
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