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Tag Archives Corn — page 43

U.S. grains: Soy futures recover from June low as rains benefit Brazil crops
A two-week high in the U.S. dollar also hung over agricultural markets
Chicago Board of Trade soybean futures ended firmer on Wednesday, as the market recovered after favorable rains in Brazilian crop areas sent the market to its lowest levels since June.

U.S. grains: Soy futures fall to June low on improved Brazilian crop weather
Corn set a contract low in front-month futures; wheat futures declined
U.S. soybean futures slid to their lowest level since June on the first trading day of the year, after rains hit dry areas of Brazil and forecasts called for more showers.

Funds holding large net short in canola heading into 2024
Corn traders were covering shorts and putting on some new longs as New Year rolled in
The net short position in canola futures was sitting near its largest levels on record to end 2023, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).

U.S. grains: Corn closes with biggest yearly loss in a decade
Wheat, soy decline on bumper Brazil harvest, resilient Black Sea trade
Chicago corn closed on Friday with its biggest yearly drop in a decade while wheat and soybeans also posted steep annual declines after bumper harvests in Brazil and resilient Black Sea trade tempered concerns about weather and war.

U.S. grains: Wheat rebounds with Black Sea risks, short covering by funds
Corn, soybeans fell as traders assessed a rainy forecast in South America
Chicago wheat futures climbed on Thursday after a vessel hit a mine in the Black Sea, an incident that underscores the continuing security risks along the key global grain trade shipping route.

U.S. grains: Wheat slips after rally, soybeans tick higher
Traders continue to keep a sharp eye on Brazil weather forecast
Chicago wheat declined on Wednesday, erasing most of the gains made the day before when worries that escalating wartime tensions would impact shipping in the Black Sea exporting region sent grains markets higher.

CBOT weekly outlook: Late Christmas gift for futures
Re-opening of U.S./Mexico rail crossings boosted corn, dryness lifted soybeans
On what would have been a bearish week on the Chicago Board of Trade ending Dec. 27, prices received a sharp boost as trading resumed after Christmas.

China approves seed firms for GMO corn and soybeans
The world's biggest buyer of soybeans and corn wants to reduce its reliance on imports
China has approved a first batch of seed companies to breed and sell genetically modified corn and soybean seeds, paving the way for commercial planting of GMO grains in a move that could cut its reliance on imports from the U.S. and Brazil.

U.S. grains: Chicago soybean, grain futures firm ahead of holidays
Railways between U.S. and Mexico reopened five days after key trade routes closed
Chicago Board of Trade soybean and grain futures firmed on Friday, as traders adjusted their positions before the year-end holidays after a flurry of economic data showed underlying inflation pressures continuing to ease.

Rising loonie and weaker futures weigh on spring wheat bids
The Canadian dollar strengthened relative to its United States counterpart
Spring wheat bids in Western Canada were mostly lower during the week ended Dec. 21, as strength in the Canadian dollar and losses in the United States futures weighed on values.