South American weather forecasts, positioning ahead of the Jan. 10 United States Department of Agriculture supply/demand report and uncertainty over trade policies under the incoming Trump administration were all influencing the Chicago grain and oilseed markets during the first days of 2025.
Tag Archives Corn
CBOT weekly: Chicago soybeans/corn looking for direction
Canadian Prairies, U.S. Midwest to get colder in January as South America becomes hotter, drier
Some warmer temps for Prairies during week of Jan. 6
Meteorologist Drew Lerner said he expects colder than normal temperatures across the Canadian Prairies and much of the United States Midwest in January, while a good portion of South America is to be hotter than normal.
AAFC adjusts monthly estimates, cites caution for canola exports
Impact of China's anti-dumping investigation unknown at this time
Agriculture and Agri-Food Canada adjusted its latest supply and demand estimates issued on Dec. 19. This followed the updated Statistics Canada figures from two weeks ago.
Feed Grains Weekly: Trump looms over Prairie feed market
Weaker Canadian dollar less of an influence
Currently, United States President-elect Donald Trump is more of an influence on Western Canadian feed grain prices than a weaker Canadian dollar said Brandon Motz of CorNine Commodities in Lacombe, Alta.
CBOT Weekly: Chicago soy complex tumbles, grains weaken
A variety of factors caused the Chicago soy complex to fall at the Chicago Board of Trade during the week ended Dec. 18, 2024.
Feed grain update: Barley still trending higher
Feed barley prices in Western Canada remain on a steady uptrend, improving by C$30 to C$40 per tonne off their harvest lows hit in late August.
USDA cuts corn ending stocks estimate, soybeans unchanged
USDA cuts corn ending stocks estimate, soybeans unchanged
Corn ending stocks in the United States will be tighter than earlier projections due to increased exports and demand from ethanol producers, according to updated supply/demand estimates from the U.S. Department of Agriculture released Dec. 10. The projected wheat carryout was also revised lower, while soybean stocks were unchanged.
CBOT Weekly: WASDE report brings surprise cut to corn
A larger-than-expected cut to corn carryout in the USDA's monthly WASDE report on Dec. 10 affected prices at the Chicago Board of Trade.
USDA cuts corn ending stocks estimate, soybeans unchanged
Corn ending stocks in the United States will be tighter than earlier projections due to increased exports and demand from ethanol producers, according to updated supply/demand estimates from the U.S. Department of Agriculture released Dec. 10. The projected wheat carryout was also revised lower, while soybean stocks were unchanged.
Bearish speculative bets rise in canola futures
Speculative fund traders were busy putting on fresh bearish bets in early December, taking the net managed money short position back above 100,000 contracts for the first time in two months, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).