Insights and Stories on Corn

Feed weekly outlook: Falling corn prices not spurring new demand

Jul. 6, 2023 at 4:36 pm CDT

MarketsFarm — Falling prices for U.S. corn futures on the Chicago Board of Trade (CBOT) are having little effect on shipments going to Alberta feedlots, according to one grain buyer. The September corn contract fell to its lowest price since January 2021 when it dropped to US$4.79 per bushel on […]

CBOT weekly outlook: Acreage at forefront in soy, corn markets

Jul. 5, 2023 at 6:58 pm CDT

By Phil Franz-Warkentin

NAFTA meeting to skirt major disputes, U.S. trade rep says

Jul. 5, 2023 at 6:45 pm CDT

By David Lawder

U.S. grains: Wheat surges on slow harvesting, poor crop conditions

Jul. 5, 2023 at 5:37 pm CDT

By Karl Plume

Klassen: U.S. feeder markets pull Canadian values higher

Jul. 3, 2023 at 7:42 pm CDT

By Jerry Klassen

U.S. grains: Soybeans rally on supply worries

Jul. 3, 2023 at 5:28 pm CDT

Chicago | Reuters — Chicago Board of Trade (CBOT) soybean futures on Monday rallied for a second consecutive session, following a shockingly low plantings estimate from the U.S. Department of Agriculture (USDA) on Friday. Corn futures eased at the start of this holiday-shortened week, remaining at a 2-1/2 year low, […]

By P.J. Huffstutter

U.S. livestock: CME feeder cattle firm on choppy corn trade

Jul. 3, 2023 at 5:25 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures eased and feeder cattle futures ticked up on Monday, as corn prices faced a choppy trading day at the start of this holiday-shortened week, traders said. Meanwhile, the hog market ended the day mixed, with nearby contracts continuing to be […]

By P.J. Huffstutter

U.S. grains: Soy soars after USDA slashes plantings estimate

Jun. 30, 2023 at 7:28 pm CDT

Chicago | Reuters — U.S. soybean futures surged about six per cent on Friday after the U.S. Department of Agriculture (USDA) reported much lower-than-expected 2023 soy plantings and June 1 inventories, while corn futures tumbled on larger-than-expected acreage. Wheat futures fell in sympathy with corn, despite a smaller-than-expected quarterly wheat […]

By Julie Ingwersen

U.S. livestock: CME cattle up as corn prices slide

Jun. 30, 2023 at 7:24 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures set a three-week high on Friday, lifted by a surge in feeder cattle futures as corn prices tumbled, traders said. Tightening U.S. cattle supplies and a resilient beef market lent support, along with a strong close for the month and […]

By Julie Ingwersen

U.S. farmers plant more corn, less soybeans in 2023

Jun. 30, 2023 at 12:50 pm CDT

MarketsFarm — Farmers in the United States seeded more corn and less soybeans than earlier intentions in 2023, according to updated acreage data Friday from the U.S. Department of Agriculture. Total corn plantings in the country were estimated by USDA at 94.1 million acres, which was a million acres above […]

By Phil Franz-Warkentin