Corn futures ended mixed this week, with old crops gaining on new. Falling South America cash prices and improving Midwest weather were cited for the price drop late in the week. AgResource notes that seasonally spot futures tend to peak in May as importer demand transitions to the Southern H...
CBOT corn futures ended flat for the week, as the market was caught between a plunging world wheat market and firming cash prices in the United States and South America. The potential for extreme supply tightness in the United States will provide a pillar of support to the market indefinitely,...
Corn futures ended steady to slightly lower amid modest profit taking. Spotty showers impacted the drier regions of Mato Grosso do Sul and Parana at mid-week while March CBOT touched overbought technical levels. South American drought concern has been centered on southern Brazil, where summer produc...
Corn futures ended steady to slightly lower amid modest profit taking. Spotty showers impacted the drier regions of Mato Grosso do Sul and Parana at mid-week while March CBOT touched overbought technical levels. South American drought concern has been centered on southern Brazil, where summer produc...
of Agriculture (USDA) stocks and seeding data to be released on March 31 will be critical to spring price direction, while the monthly chart reflects that corn has reached its initial long-term price target of 7.80-8.40 U.S. dollars. USDA report could push the market to a new rally high...
The corn outlook depends on North Hemisphere production potential. The January USDA Crop Report and upcoming South American weather will determine price direction next week. AgResource's view is that support below 5.75 dollars for March corn should hold a correction. ...
CBOT corn recovered the entirety of the previous week's losses, with Ukraine not expected to be a sizeable grain exporter this summer and autumn and expectations of harsh weather in the Central U.S. Strong and expansive high-pressure ridging will be in place across the Central U.S. into ...
Corn futures ended mixed this week, with old crops gaining on new. Falling South America cash prices and improving Midwest weather were cited for the price drop late in the week. AgResource notes that seasonally spot futures tend to peak in May as importer demand transitions to the Southern ...