The International Grains Council (IGC) has cut its forecast for 2024/25 global corn production, largely reflecting a diminished outlook for crops in Brazil and Argentina.
IGC trims global corn crop forecast as South America outlook cut
U.S. grains: Corn futures pull back from 16-month high
Chicago Board of Trade corn futures pulled back from a 16-month high on Wednesday as traders booked profits and anticipated that recent gains will drive bigger U.S. plantings this spring.
U.S. grains: Corn futures hit 16-month high above $5 a bushel
Chicago Board of Trade corn futures reached a 16-month high above $5 a bushel on Tuesday on robust U.S. export demand and expectations that inventories may tighten, analysts said.
Funds move to large net long position in canola
First net long since 2023
Speculative fund traders moved to a net long position in canola for the first time in one-and-a-half years, as they covered short positions and put on fresh bullish bets in early February, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
U.S. grains: Chicago wheat hits four-month high as cold threatens Russia, US crops
Chicago Board of Trade wheat futures Wv1 soared on Friday to their highest price since October, and analysts said support from blistering cold weather in the Black Sea and U.S. Plains regions prompted short covering.
China to develop gene-editing tools, new crop varieties in biotech initiative
China issued guidelines on Friday to promote biotech cultivation, focusing on gene-editing tools and developing new wheat, corn, and soybean varieties, as part of efforts to ensure food security and boost agriculture technology.
U.S. grains: Corn edges up on strong export sales, weather woes
Chicago corn futures ticked up in rangebound trade on Thursday as stout export sales, weather concerns in Argentina and strong demand added support, analysts said.
Feed grain update: Barley bids edge up amid trade uncertainty
Tightening stocks supportive
Feed barley prices in Western Canada were strengthening in early February, although activity was somewhat limited given the threat of tariffs from the United States still overhanging the North American markets.
U.S. grains: Soybean futures fall on weak Chinese demand, mounting supplies
Chicago soy futures eased on Wednesday, pushed lower by Tuesday's U.S. Department of Agriculture report that forecast higher-than-expected U.S. soybean stocks, and continued concerns over weak Chinese demand for U.S. soy, analysts said.
CBOT Weekly: Tariff threats eclipse USDA report
Trump talks bring pressure to crop prices
Tariff threats from United States President Donald Trump overshadowed the USDA's monthly supply/demand estimates during the week ended Feb. 12, 2025.
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