Insights and Stories of Sam Nelson

Dec. 12, 2013 at 6:29 pm CST

U.S. corn futures fell on Thursday, notching the biggest one-day loss since mid-November, after a group of U.S. senators proposed ending that country’s mandate to use corn-based ethanol. Corn also eased on concerns about the fate of U.S. corn sales to China after the country began rejecting cargoes containing an […]

By Sam Nelson

Dec. 5, 2013 at 8:30 pm CST

U.S. wheat futures fell more than one per cent to a one-week low on Thursday on slow U.S. export sales of wheat and a larger-than-expected Canadian crop. Wheat tumbled for the second day in a row, and at 1.5 per cent, posted its biggest one-day decline in over two months. […]

By Sam Nelson

Dec. 4, 2013 at 3:56 pm CST

U.S. soybean futures were higher on Wednesday, reversing two days of declines, on technical buying despite prospects for a huge soy harvest in South America. “I don’t see any thing fundamental to this, it was technical with buy-stops hit and there also was buying of March $13.20 calls in options, […]

By Sam Nelson

Dec. 3, 2013 at 3:57 pm CST

U.S. wheat futures ended higher on Tuesday on growing export demand and a cold snap forecast for late this week that may harm some U.S. wheat, but gains were capped by increased production prospects in Australia. Corn closed firm as well on short-covering and on spillover from the gains in […]

By Sam Nelson

Nov. 18, 2013 at 4:15 pm CST

Chicago Board of Trade corn futures fell to a fresh three-year low on Monday on pressure from a proposal to lower the use of corn-based ethanol in the U.S. and on news China rejected a cargo of U.S. corn which contained a genetically modified variety not approved for import. Corn […]

By Sam Nelson