Brian Hoops News Today

U.S. corn and soybean futures rise as Brazil's new tax package prompts farmers to hold onto grain, potentially boosting demand for alternative sources.

Chicago wheat futures edged down on Wednesday as investors took profits after the recent rally and questions remained about whether forecasts for rain in Russia would stem a decline in harvest prospects in the world's biggest exporter.

* Wheat loses momentum on Russian rain forecasts * Corn pressured by lower wheat prices * Soy down on technical trading and... -May 29, 2024 at 12:11 pm EDT - MarketScreener

By Kirk Maltais --Corn for July delivery rose 0.7% to $4.50 1/4 a bushel, on the Chicago Board of Trade on Wednesday, bouncing as traders consider the potential impact of weather in the U.S....

By Kirk Maltais -- Corn for May delivery rose 1.6% to $4.34 3/4 a bushel on the Chicago Board of Trade on Friday, with traders digesting Thursdays WASDE report while grappling with higher...

By Kirk Maltais --Soybeans for March delivery fell 0.5%, to $11.87 a bushel, on the Chicago Board of Trade on Tuesday, as the continued outlook of strong production out of South America kept...

By Kirk Maltais -Soybeans for March delivery fell 1.8% to $12.06 a bushel, on the Chicago Board of Trade on Wednesday, in response to Chinas GDP being reported as lower than expected by...

By Kirk Maltais -Wheat for March delivery rose 2.2% to $6.09 1/4 a bushel, on the Chicago Board of Trade on Tuesday, climbing in response to Egypt's...

By Kirk Maltais -Wheat for March delivery rose 2.2% to $6.09 1/4 a bushel, on the Chicago Board of Trade on Tuesday, climbing in response to Egypts re-emergence as a potential importer. ...

While the market will struggle with front month supplies for a while, longer term it looks like the breeding herd is no longer expanding.