Insights and Stories of Tom Polansek

Planting worries support U.S. soybean futures

Jun. 6, 2013 at 4:00 pm CDT

U.S. soybean futures trimmed losses and deferred contracts ended higher on Thursday on concerns a return of wet weather will cause more planting delays. Corn futures also closed higher. New-crop soybeans have been under pressure for the past two days on expectations that drier conditions would accelerate planting after weeks […]

Tight supplies support front-month U.S. corn, soy futures

Jun. 5, 2013 at 4:25 pm CDT

By Karl Plume Tom Polansek

U.S. corn, soy fall on expectations for planting progress

Jun. 4, 2013 at 3:45 pm CDT

By Tom Polansek

U.S. soybeans climb as planting delays fuel supply worries

Jun. 4, 2013 at 4:24 am CDT

By Tom Polansek

Corn rises as wetter forecasts threaten U.S. planting

Apr. 19, 2013 at 4:03 pm CDT

By Tom Polansek

U.S. soybeans, soymeal hit three-week high on tight supplies

Apr. 18, 2013 at 5:28 pm CDT

U.S. soybean and soymeal futures jumped to three-week highs on Thursday on worries about tightening supplies and strong export demand, while corn futures dropped as traders shrugged off planting delays due to rain. Soybeans, which are crushed to make meal, extended recent gains on ideas export loading delays in Brazil […]

By Tom Polansek

Cargill profits sink as U.S. drought hits meat business

Apr. 10, 2013 at 9:14 am CDT

U.S. agrifood giant Cargill said on Tuesday that lingering pressure from a historic U.S. drought hurt its meat and grain operations, knocking quarterly earnings down 42 per cent. The worst drought in more than half a century last year devastated the corn harvest in the United States, the world’s top […]

By Tom Polansek

CBOT set to shorten U.S. grain trading day

Apr. 1, 2013 at 8:37 am CDT

The Chicago Board of Trade won regulatory clearance to shorten the trading cycle for U.S. grain markets after a move to extend activity hurt liquidity. CBOT, owned by CME Group Inc., said it will cut futures and options trading for crops such as wheat, corn and soybeans to 17.5 hours […]

By Tom Polansek

Tight supply outlook jolts U.S. corn

Mar. 8, 2013 at 5:17 pm CST

U.S. corn futures jumped on Friday on a tighter-than-expected supply outlook from the U.S. Department of Agriculture, while soybeans stumbled on a bigger-than-expected forecast. The split reaction came as USDA, in a monthly crop report, kept its forecast for supplies of both crops unchanged from February. Analysts polled by Reuters […]

By Tom Polansek

U.S. soy, wheat jump on export sales, pre-report positioning

Mar. 8, 2013 at 5:02 pm CST

U.S. wheat rebounded on Thursday from a nearly nine-month low, while soybeans jumped on better-than-expected weekly export sales and expectations the government will tighten its supply outlook. Traders were buying back previously sold positions in soybeans amid expectations the U.S. Department of Agriculture, in a monthly crop report on Friday, […]

By Tom Polansek