corn Archives - Page 43 of 236

U.S. grains: Wheat rallies on fresh round of purchases by China

Soybeans ended narrowly mixed as traders monitored Brazil weather; corn rose for fifth straight session

By Reuters, GFM Network News December 5, 2023

Wheat rose after U.S. Department of Agriculture (USDA) confirmed private sales of 198,000 metric tons of U.S. soft red winter wheat to China, the second such sale in as many days. Monday's announcement that China had purchased 440,000 tons of the grain, the largest one-off U.S. wheat export sale to China since at least 2020, added impetus to a recent rally.

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

Markets, Reuters

U.S. grains: wheat futures rocket higher on private sales to China

Corn ended narrowly mixed supported by a favorable export inspection report by U.S. government

By Reuters, GFM Network News December 4, 2023

Chicago Board of Trade wheat rose nearly three per cent on Monday, with the most-active contract Wv1 reaching the highest level since late August after the U.S. Department of Agriculture confirmed the largest one-off private sale to China in years.

Markets, Reuters

U.S. Grains: Soybeans slide on predicted rains in Brazil

Corn and wheat rise on short covering

By Reuters, GFM Network News December 1, 2023

Chicago soybean futures fell on Friday as the weather forecast in drought-stricken northern Brazil promised much-needed rain for producers who are dealing with the prospect of low yields and damaged crops. Corn and wheat both ended higher as traders continued to cover short positions in both markets.

Crops, Markets

Higher canola, wheat production expected in StatCan report

Traders raise concerns about report accuracy

By GFM Network News December 1, 2023

MarketsFarm — There was a consensus among several traders and analysts that Statistics Canada will very likely raise its estimates on canola and wheat production for 2023-24. Yields on the Prairies were better than expected following a difficult first half of the growing period, as the weather improved during the second half. StatCan is set […] Read more

Barley, Corn, Crops, Markets

Feed weekly outlook: Corn imports, larger crop prospects pressure barley

StatCan expected to raise barley crop estimate

By Phil Franz-Warkentin, GFM Network News December 1, 2023

MarketsFarm — The feed barley market in Western Canada remains relatively flat as steady corn imports from the U.S. keep domestic feeders well supplied. Ideas that Canadian production ended up above earlier expectations were also keeping a lid on the domestic market. Delivered barley into the Lethbridge, Alta. area is currently priced in the $300-$320 […] Read more

CBOT March 2024 soft red winter wheat with 20-day moving average, MGEX March 2024 hard red spring wheat (yellow high/low/close) and K.C. March 2024 hard red winter wheat (orange H/L/C). (Barchart)

Crops, Markets, Reuters

U.S. grains: Chicago wheat, corn rally as export sales top forecasts

Soybeans lower in narrow trading

By GFM Network News November 30, 2023

Chicago | Reuters — Chicago wheat and corn futures climbed more than one per cent on Thursday as traders covered more short positions following a slump to multi-year lows and as weekly export sales topped forecasts and included sizeable purchases by major importer China. Soybeans were lower in range-bound trading after the U.S. Department of […] Read more

Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)

Crops, Markets

CBOT weekly: Mostly bullish influences on soy, corn, wheat

China increasing imports, Brazil in weather bind

By GFM Network News November 30, 2023

MarketsFarm — While extreme weather differences in Brazil remained the main focus of the Chicago Board of Trade’s attention, increased imports by China were becoming another major factor, according to Terry Reilly, senior agricultural specialist for Marex in Chicago. “People are watching China’s increased demand for soybeans, wheat and potentially corn,” Reilly said, noting the […] Read more

Crops, Markets, Reuters

U.S. grains: Chicago wheat finishes higher on short covering

Soybeans nearly unchanged, drought in Brazil looms over production

By GFM Network News November 29, 2023

Chicago | Reuters — Chicago wheat futures climbed more than two per cent on Wednesday, extending gains from the previous session as traders covered their short positions ahead of month-end and first notice day for the spot December contract. Soybeans retreated in early trading before recovering as traders accessed adverse crop weather in Brazil. Corn […] Read more

CBOT January 2024 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets, Reuters, Weather

U.S. grains: Soybeans up on Brazilian heat, export demand

Wheat moves higher; corn slumps on ample supplies

By GFM Network News November 29, 2023

Chicago | Reuters — Chicago soybean futures climbed more than one per cent on Tuesday on concerns that scorching weather conditions in South America were taking a toll on crops, while the market also drew support from a fresh round of private sales by U.S. exporters. Chicago Board of Trade (CBOT) wheat also rose more […] Read more

Canola, Crops, Markets

Speculators buy back bearish canola bets in latest report

Funds reduce net long in soybeans

By Phil Franz-Warkentin, GFM Network News November 28, 2023

MarketsFarm — Fund traders were actively covering bearish bets in canola during the week ended Nov. 21, buying back some previously placed short positions, according to the latest Commitments of Traders report from the U.S. Commodity Futures Trading Commission (CFTC). The report was delayed due to the U.S. Thanksgiving holiday. As of Nov. 21, 2023, […] Read more

U.S. livestock: Live cattle drop as beef prices, packer margins erode

CBOT Weekly: Soybean, wheat futures come down

Masterfeeds to enter new ADM/Alltech feed joint venture

GFM Network News