Insights and Stories on International Grains Council

Nov. 24, 2016 at 5:00 pm CST

London | Reuters –– Global grain stocks are expected to surpass 500 million tonnes for the first time at the end of the 2016-17 season, the International Grains Council said on Thursday, raising its forecasts for both corn and wheat production. The intergovernmental body, in a monthly update, put total […]

By Nigel Hunt

Aug. 26, 2016 at 5:26 pm CDT

Reuters — Wheat futures dropped to their lowest price in Chicago in nearly a decade on Friday, pressured by ample supplies and technical selling. Corn dropped for the fifth straight session and soybeans lost ground for the fourth straight day, as a U.S. tour of mostly robust crops wrapped up. […]

By Rod Nickel

Jul. 29, 2016 at 4:09 pm CDT

London/ Reuters – The International Grains Council has raised its forecasts for global corn production in the 2016-17 season, largely reflecting improved crop prospects in the United States. World corn (maize) production was upwardly revised to 1.017 billion tonnes, up from a previous projection of 1.003 billion and the prior season’s […]

By Reuters

Jan. 21, 2016 at 3:42 pm CST

Chicago | Reuters –– U.S. corn futures fell on Thursday, breaking a three-day streak of gains, as a pick-up in country movement of the yellow grain pulled prices from one-month highs hit early in the session, traders said. Wheat and soybean futures closed firm, bouncing back from declines on Wednesday […]

By Mark Weinraub

Aug. 27, 2015 at 8:01 pm CDT

Chicago | Reuters –– Benchmark U.S. soybean futures rose 1.5 per cent on Thursday as equity markets stabilized in China, the world’s top soy buyer, and on outlooks for dry weather as the U.S. Midwest growing season winds down, traders said. Corn clung to modest gains on better-than-expected weekly U.S. […]

By Julie Ingwersen