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Analysts said that corn and soybean futures in the US tumbled to three-year lows on Thursday on expectations of oversupply in South America, and concerns about demand. Wheat futures were volatile, garnering support from anticipation of additional US sanctions on Russia, the world’s top wheat producer. Corn and soybean futures...
Most agricultural commodities fell on Thursday as the dollar rallied against most major rivals, pressuring grains and other commodities. The Russian government announced its return to the grains export deal from the Ukrainian ports through the Black Sea after a two-day suspension. Brazil soybeans production outlook remains strong with analysts...
Corn prices rose on Tuesday, despite the US dollar's rally against its counterparts, amid concerns about supply disruptions in South America. This came in tandem with concerns about dry weather conditions in Argentina and Brazil, which damages the quality and quantities of their crops. New agencies reported that inspections of...
Corn prices rose on Wednesday, as the US dollar fell against most of its peers, in technical trading despite renewed optimism about the weather in South America. Brazilian weather agencies forecast that some areas in the country will see heavy rains in the coming period, which supports the quality and...
Corn prices fell on Friday, due to coronavirus concerns, despite the US dollar's drop against most currencies and positive Chinese imports data. Corn was lifted earlier today, Friday, while investors awaited the release of the US Department of Agriculture report on supply, demand, and exports of the US farm goods....
Corn prices fell on Monday at the Chicago Mercantile Exchange, weighed down by the US dollar rose against most major counterparts amid uncertainty about the coronavirus crisis. Markets are anticipating the weekly USDA report on the condition and quality of crops, harvest season, and exports. The dollar index rose against...
Corn prices fell on Thursday, as the US dollar rallied against its peers, amid mounting fears about the coronavirus, which weighs down on demand. Climate improved in several countries, such as the US, Russia, and Brazil, which improves crop quality and increase supply, and pushes prices down. The US Department...
Corn prices fell on Wednesday, on profit-taking from the 14-month high of $4.22/bushel that was reached on Tuesday. Corn and soybean futures yesterday were lifted by strong Chinese demand for US farm goods. Investors are anticipating further Chinese data to determine the amount of Beijing's purchases of US soybean and...
Corn prices rose on Thursday, on weak supply concerns due to dry weather in several South America, especially in Brazil and Argentina. Weather agencies forecast dry weather in Brazil and Argentina for the next few weeks, which will impact the quality and supply of crops. While the US Department of...
Corn prices rose on Thursday, shrugging off strong US dollar, thanks to the recovery of US exports. This came in tandem with China's strong demand for US agricultural goods, and dry weather in Brazil. Analysts see that the delayed harvest of agricultural crops and the damage that occurred on them...
Corn prices fell on Monday, as the US dollar held steadily against most major currencies, while corn and soybean futures weighed down by positive forecasts of Brazilian supply. Analysts see that the corn futures saw technical sales ahead of the next update of crop production data by the US Department...
Corn prices rose on Tuesday, after 2-day losing streak, lifted by slow harvest in the US, but corn's gains are still curbed by the recovery of weather conditions in Midwest states. The US Department of Agriculture reported that around 25% of the corn crop had been harvested as of Sunday,...