Insights and Stories on Midwest

Aug. 14, 2020 at 3:51 pm CDT

Chicago | Reuters — Chicago corn inched slightly lower on Friday, as traders questioned federal acreage data and assessed the extent of storm damage in the U.S. Midwest. Prices slipped early in the day, after a rally in the previous session pushed corn futures to a four-week high. Soybeans also […]

By P.J. Huffstutter

Aug. 11, 2020 at 4:30 pm CDT

Chicago | Reuters — U.S. corn futures ended flat on Tuesday as traders and analysts predicted that farmers will harvest a large crop despite a damaging storm that tore across the U.S. Midwest on Monday. Soybean futures were steady, while wheat futures rose on technical buying. Farmers are assessing the […]

By Tom Polansek

Aug. 10, 2020 at 3:53 pm CDT

MarketsFarm — Market expectations ahead of a crop production report due out Wednesday from the U.S. Department of Agriculture are for increases in U.S. soybean and corn yields. “I get the sense the trade is looking for the USDA to up corn yields by 1.9 bushels per acre, to 180.4 […]

By Glen Hallick - MarketsFarm

Aug. 5, 2020 at 6:56 pm CDT

MarketsFarm — Good U.S. Midwestern weather should keep the bias to the downside in corn and soybean contracts at the Chicago Board of Trade over the next few weeks, according to an analyst. Corn hit fresh contract lows on Tuesday before showing some recovery Wednesday, but “it’s not looking like […]

By Phil Franz-Warkentin

Aug. 4, 2020 at 7:26 pm CDT

Chicago | Reuters –– U.S. corn and soybean futures posted sharp declines on Tuesday, with the market focused on expectations for bumper yields across the U.S. Midwest this fall due to forecasts for rain in key growing areas, traders said. On a continuous basis, corn futures dropped to their lowest […]

By Mark Weinraub