U.S. corn slid more than 1 per cent from record highs on Monday and soy tumbled more than 3 per cent from its peaks, due to forecasts for rain in drought-plagued U.S. crop regions, tumbling equities and a stronger dollar. "Forecasts are a little wetter than they were last week, the rains will help some […] Read more
Corn and soybeans pull back from peaks
U.S. grain prices set records, more searing heat in forecast
Grain prices set record highs on Friday and weather forecasts showed little to no relief in sight from the worst U.S. drought in more than half a century, feeding worries about food inflation at home and abroad as supplies dwindle in the world’s largest grain exporter. The United Nations’ Food and Agriculture Organization (FAO) said […] Read more
U.S. harvest prospects wilt under weather stress
U.S. weather updates at midday Tuesday showed little change from the relentless pattern of stress on the U.S. corn and soybean crops, an agricultural meteorologist said. "There is not much change from this morning, at least for the Midwest. We’re still looking at about the same pattern as this morning," said Andy Karst, meteorologist for […] Read more
Rains slow final U.S. harvest, cold snap arriving
Showers early this week slowed the final corn harvest, especially in Ohio, and a widespread cold snap is on tap after mid-week, an agricultural meteorologist said on Wednesday. "Harvest is mostly complete. Still some corn to harvest in Ohio and they were slowed by rains early this week," said Andy Karst, meteorologist for World Weather […] Read more
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