Insights and Stories of Julie Ingwersen

Aug. 8, 2012 at 6:22 pm CDT

U.S. corn futures rose nearly two per cent on Wednesday, halting a two-day sell-off, as traders positioned for a keenly awaited U.S. government crop report that may predict the lowest U.S. corn yield in 15 years. Additional support stemmed from scattered corn harvest reports that were even worse than expected […]

By Julie Ingwersen, Sam Nelson

Aug. 3, 2012 at 4:22 pm CDT

Mexico raided the U.S. corn market by making the biggest one-day purchase in over two decades this week, the first clear sign of global anxiety over the decimated U.S. crop. Mexico, the No 2 importer of U.S. corn after Japan, bought 1.516 million tonnes, the U.S. Agriculture Department said on […]

By Julie Ingwersen, Karl Plume, Reuters

Jul. 24, 2012 at 2:08 pm CDT

Spring wheat yield prospects in western Minnesota are in line with last year but the crop is already being harvested, about two weeks ahead of normal, scouts on an annual crop tour said. Crops near Fargo, North Dakota, on the North Dakota-Minnesota border, appeared to have suffered from hot and […]

By Julie Ingwersen

Jul. 9, 2012 at 5:14 pm CDT

Soybean futures surged to an all-time high on Monday while corn futures soared five per cent and briefly rose their daily limit as continuing dry conditions in the U.S. Midwest looked more likely to decimate yields in America’s crop belt. Three weeks of sustained hot, dry weather across much of […]

By Julie Ingwersen

Jul. 6, 2012 at 5:12 pm CDT

U.S. grain markets Friday snapped a furious three-week rally that had sent corn prices up more than a third since mid-June, as a downbeat U.S. jobs report provided an excuse for traders to book profits. Although new U.S. Midwest forecasts showed only marginal relief from what may be the worst […]

By Julie Ingwersen, Rod Nickel