“We hold unchanged at $4.30 per bushel our below-consensus forecast for the average price of CBOT-listed second-month corn futures contracts in 2024, which would mark a 22.3 per cent decline compared to the average price in 2023 of $5.54,” BMI said....
Volume28,569 Open Interest364,015 Stochastic %K34.15% National Soybean Index9.7932 Weighted Alpha-7.26 5-Day Change+3-2 (+0.31%) 52-Week Range955-4 - 1236-4 Full Chart Soybean Futures Market News and Commentary Soybeans Sliding on Monday Morning ...
On 30 April, the U.S. Department of Treasuryreleased final tax credit guidancefor sustainable aviation fuel (SAF) production. The new guidance allows corn-based ethanol to qualify for the subsidy program under theInflation Reduction Act, if the production adopts and demonstrates certain climate-smar...
Corn Starting Off the Week with GainsBarchart - Tue Feb 18, 7:30AM CST The corn market is trading with 1 to 3 cents higher trade so far on Tuesday morning. Corn futures got some spillover support from the wheat market on Friday, as futures were up fractionally to 3 cents... ...
There was a decline in gold futures in London, England as investors rolled back risky positions and raised cash to meet margin calls. Futures for crude oil settled at above $71.00 a barrel. Corn futures dropped due to weather forecasts favorable to U.S. crop development....
Marketing-year-to-date corn consumption for ethanol through March 2022 is nearly 10% higher than a year ago, so I expect corn’s usage gains will come primarily from ethanol adjustments. I’m less certain about which category USDA will increase for domestic soybean usage. Marketing year-to-...
On Wednesday, a Barbados-flagged vessel departed from Ukraine's port of Chornomorsk carrying 30,000 metric tons of corn destined for Turkey. Since August 1, nearly 1,000 ships carrying more than 30.2 million metric tons of agricultural products and foodstuffs have left Ukraine for global ports...
Yearly estimates of manure production in the watershed were calculated based on livestock statistics (census data) for the Medway Creek Watershed, and all manure was divided up amongst the corn HRUs to fulfill N needs. The tile drainage distribution with respect to the HRUs was determined from ...
Corn Crop May Plunge to 9.86 Billion Bushels, Farm Futures SaysWhitney McFerron
According to the European Commission, Ukraine accounts for 10% of the world wheat market, 15% of the corn market and 13% of the barley market. It is also a key global player in the market of sunflower oil. Should the deal not have been renewed, food security around the world would ...