Insights and Stories on Corn

Aug. 7, 2024 at 10:14 am CDT

Warmer weather and varied precipitation across Manitoba allowed crops to further develop during the week ended Aug. 5, according to the province’s weekly crop report.

By Adam Peleshaty

Aug. 6, 2024 at 5:13 pm CDT

Chicago soybeans and corn slumped on low demand and a stronger dollar on Tuesday as financial markets recovered from an epic sell-off on Monday. Wheat futures rose after a massive tender from Egypt for 3.8 million metric tons to cover imports between October 2024 and April 2025—its largest ever according to traders.

By Renee Hickman, Reuters

Aug. 2, 2024 at 2:20 pm CDT

Chicago Board of Trade grain and soybean futures turned higher on Friday as market participants and fund traders scrambled to cover their hefty short positions on signs of the U.S. economy weakening, market analysts said.

By P.J. Huffstutter, Reuters

Aug. 1, 2024 at 4:48 pm CDT

U.S. corn and soybean futures fell to their lowest levels in nearly four years on Thursday as forecasts for cool, rainy weather in the Corn Belt boosted yield expectations, analysts said.

By Heather Schlitz, Reuters

Aug. 1, 2024 at 1:23 pm CDT

Glen Loyns, trader and general manager for JGL Commodities in Moose Jaw, Sask., said while the recent heat and dryness has reduced yield expectations, prospects of a decent harvest are still putting pressure on prices.

By Adam Peleshaty