Corn prices jumped 6.2% today on concerns that cold wet weather in the U.S. Midwest would delay the planting of this year’s crop. Corn for May delivery, the front-month contract, climbed 40 cents, to settle at $6.84 a bushel at the Chicago Board of Trade. Today’s jump was the biggest percentage gain in almost 10 [...]
Grain Prices to be Supported in Short-Term by Weather Woes
April 23, 2013 By
While farmers are planting record numbers of crops to compensate for last year’s drought, and to profit from high prices, the grains are getting off to a bad start thanks to the weather. The coldest start ever to the wheat-growing season in Kansas and freezing weather across the southern Great Plains are compounding damage to [...]
Grains Market Update: Soybeans at Multi-Week High; Corn and Wheat Trend Higher
April 18, 2013 By
With the metal’s markets taking all the attention this week, the grains have faded into the background. Here is an update of what has been moving these markets lately. Soybean Futures Soybean futures rose to a three-week high on Wednesday, as logistical challenges in South America may drive more purchases by China (the world’s top [...]
Corn Prices February
March 1, 2013 By
Corn prices were under pressure all month on indications that US farmers will plant, and yield a record crop this season. U.S. corn inventories before the 2014 harvest will triple to the highest since 1988 as output jumps to a record as farmers increase their corn plantings to capitalize on higher prices. Stockpiles before next [...]
Corn Prices November 2012
December 4, 2012 By
In the end, corn finished November with just a 0.4% loss; however, during the month it experienced some volatile price swings, on changing indications for demand of U.S. supplies. Corn prices saw some upside momentum in the first half of the month, and this encouraged U.S. farmers to offer more corn for sale, which quickly [...]
Soft Commodities Prices October
November 4, 2012 By
Here is how some of the soft commodities and grains performed this month. Soybeans- Slipped below $15 a bushel in CBOT trading this month over concerns that the demand for U.S. soybeans is decreasing. This was the first time soybeans had slipped below $15 a bushel since July. Hedge Fund managers decreased their bets on [...]
USDA Reports Corn Stocks at Low-End of Expected Range; Corn Futures Pop 3%
September 28, 2012 By
Corn futures quickly climbed 3% this morning after the USDA announced corn stocks were at 988 million bushels, the low-end of its forecasted range. The report helped corn reverse from its recent price slide.
Soft Commodities News: Corn, Wheat Fall to Multi-Month Lows
September 27, 2012 By
Corn futures fell for a fourth straight day and to a three-month low on technical liquidation ahead of the U.S. government’s grain stocks report scheduled for release this Friday. Adding more downside pressure, The U.S. Department of Agriculture reported net corn export sales last week of just 400 tonnes, the lowest weekly total in over [...]
Commodities at Close: Corn Prices Witness Steep Price Fall, Prepped for Another Rally
August 14, 2012 By
(Aug 14 2012) Corn prices tumbled today the most in five weeks on speculation that demand is slowing after a crop-damaging U.S. drought sent prices to a record this month. On the Chicago Board of Trade, corn futures for December delivery tumbled 2.1 percent to $7.9225 a bushel, the largest drop for the most-active contract [...]
Investing in Corn
July 24, 2012 By
(July 24 2012) This spring corn has made headlines almost every day as drought conditions in the U.S. Midwest have caused the grain to set record-high prices. So, how can an investor cash in on corn’s rally? There are a few different avenues to take to gain exposure to the grain, including futures, stocks, and [...]