Insights and Stories on Corn

Mexican president moves to prioritize domestic corn for tortillas

Jun. 19, 2023 at 4:54 pm CDT

Mexico City | Reuters — Mexico’s president announced on Monday he will sign an agreement this week with makers of the country’s food staple tortillas that ensures they only use non-genetically modified (GM) white corn while also setting new tariffs on imports of the grain. Tariffs on white corn imports […]

U.S. grains: Corn, soy, wheat set multi-month highs on weather worries

Jun. 16, 2023 at 7:16 pm CDT

By Julie Ingwersen

Feed weekly outlook: Prices, shipments steady as dryness continues

Jun. 15, 2023 at 6:52 pm CDT

By Adam Peleshaty

U.S. grains: Corn, soy futures soar on dry weather worries

Jun. 15, 2023 at 5:55 pm CDT

By Julie Ingwersen

U.S. grains: Corn, soy, wheat futures sag on demand worries

Jun. 14, 2023 at 7:48 pm CDT

By Julie Ingwersen

CBOT weekly outlook: Weather market for soy, corn

Jun. 14, 2023 at 4:40 pm CDT

MarketsFarm — With soybean and corn seeding nearing completion across the United States, attention in the futures markets is focused squarely on growing conditions. “We’re in a weather market, so look for traders to keep these prices chopping around over the next few weeks,” said Terry Reilly of Futures International […]

By Phil Franz-Warkentin

U.S. grains: Soybeans reach one-month high on weather woes

Jun. 13, 2023 at 6:02 pm CDT

Chicago | Reuters –– U.S. soybean futures hit a one-month high on Tuesday on worries about dry conditions in the Midwest hurting crop prospects and spillover strength from crude oil, traders said. Corn futures were mostly higher on the Midwest weather jitters, but the nearby July contract fell on profit-taking […]

By Julie Ingwersen

Fund short position grows in canola

Jun. 12, 2023 at 9:12 pm CDT

MarketsFarm — The speculative short position in canola grew to is largest level in nearly three months in early June, as investors covered longs and put on more bearish bets, according to the latest Commitments of Traders report from the U.S. Commodity Futures Trading Commission (CFTC). As of Tuesday (June […]

By Phil Franz-Warkentin

U.S. grains: Corn climbs on dry conditions

Jun. 12, 2023 at 6:09 pm CDT

Chicago | Reuters — U.S. corn futures rose to a nearly two-month high on Monday as traders fretted about disappointing weekend rains and dry conditions stressing crops in portions of the Midwest crop belt, analysts said. Wheat futures followed, finding additional support from rising tensions in the Black Sea region. […]

By Julie Ingwersen

USDA’s June WASDE report brings few notable changes

Jun. 9, 2023 at 5:53 pm CDT

MarketsFarm — Very few major changes were made in the latest edition of the world agriculture supply and demand estimates (WASDE) published Friday by the U.S. Department of Agriculture. For the 2023-24 crop year, USDA pegged total domestic wheat production at 1.665 billion bushels, slightly higher than the 1.659 billion […]

By MarketsFarm