Insights and Stories on Corn

Jun. 11, 2019 at 8:41 pm CDT

New York | Reuters — Joe Biden may have an ethanol problem. The former U.S. vice-president has pledged support for advanced biofuels as part of his bid for the 2020 Democratic presidential nomination. But Biden, who leads the crowded Democratic field in opinion polls in Iowa and nationally, faces lingering […]

By Jarrett Renshaw, Reuters

Jun. 5, 2019 at 6:34 pm CDT

MarketsFarm — Extended durations of wet spring weather continue to buoy prices on the Chicago Board of Trade — and price volatility will remain high based on long-term weather forecasts. “Whenever you’re in a weather problem phase, volatility tends to increase,” explained Terry Reilly, a grains analyst with Futures International. […]

By Marlo Glass – MarketsFarm

May. 31, 2019 at 9:56 am CDT

Washington | Reuters — The Trump administration on Friday lifted restrictions on the sale of higher ethanol blends of gasoline, keeping a campaign promise to farmers suffering from the trade war with China but inviting a legal challenge from the oil industry. The announcement allows gasoline stations to sell blends […]

By Humeyra Pamuk, Jarrett Renshaw

May. 29, 2019 at 3:31 pm CDT

MarketsFarm — Soybeans on the Chicago Board of Trade (CBOT) are trying to play catch-up in what has become a weather market, according to Steve Georgy of Allendale Inc. Corn planting in the U.S. was far behind its five-year average due to persistent wet conditions, he said, and that created […]

By Glen Hallick - MarketsFarm

May. 22, 2019 at 6:19 pm CDT

MarketsFarm — The Chicago Board of Trade saw “a wild ride of volatility” on Wednesday, following rumours of a U.S. Department of Agriculture farm aid package that could top US$15 billion. The package would include payments of about $2 per bushel for soybeans and four cents per bushel for corn, […]

By Marlo Glass – MarketsFarm