U.S. grains: Corn plunges most in three years on crop estimate surprises

Reading Time: 2 minutes Chicago | Reuters — Chicago corn futures fell nearly six per cent on Monday, their biggest drop in more than three years, after the U.S. Department of Agriculture forecast a bigger-than-expected harvest. USDA forecast the 2019-20 corn crop at 13.901 billion bushels, above the 13.875 billion bushels expected in July. A Reuters poll of analysts […] Read more

U.S. grains: Soy, corn close higher

Reading Time: 2 minutes Chicago | Reuters — U.S. soybean and corn futures settled up on Thursday, as traders squared their positions ahead of a U.S. government report next week expected to clarify how many acres were planted of the two crops. Dealers said a rebound in energy prices provided some support, although there remained ongoing concerns in the […] Read more

U.S. grains: Futures inch up after choppy trading day

Reading Time: 2 minutes Chicago | Reuters — U.S. corn and soybean futures rose on Wednesday as traders assessed U.S. Midwest rain forecasts after a recent dry spell, and awaited an expected revision in U.S. planting estimates following spring rains. Wheat recovered from Tuesday’s technical-driven losses, despite healthy Northern Hemisphere harvests and a steady dollar keeping a lid on […] Read more





U.S. grains: Corn hits two-month low on improved U.S. crop condition

Reading Time: 2 minutes Chicago | Reuters – Chicago corn futures reached a two-month low on Tuesday after a weekly U.S. Department of Agriculture (USDA) report on Monday said the U.S. crop was in better condition than analysts expected. The Chicago Board of Trade’s (CBOT) most-active corn contract settled down 6 cents, or 1.5 percent, at $4.21 a bushel. Wheat settled […] Read more



U.S. grains: Soybeans down after ‘disappointing’ U.S. export sales report

Reading Time: 2 minutes Chicago | Reuters – Chicago Board of Trade (CBOT) soybean and corn futures dipped on Thursday after the U.S. Department of Agriculture (USDA) released its weekly export sales report that disappointed analysts. China, which is in a trade war with the United States and needs fewer soybeans as swine fever ravishes its pig herd, cancelled […] Read more