Page 6 - Commodity Weather News Today

7/7/2021 * U.S. soy crop ratings decline in USDA report * Forecast rain has eased U.S. corn yield fears (Adds closing prices, U.S. weather forecast) By Tom Polansek CHICAGO, July 7 (Reuters) - Chicago Board of Trade soybean futures rose on Wednesday, recouping a portion of heavy losses from a day earlier, as a lower-than-expected U.S. crop rating tempered hopes that rain will improve field conditions. Rains from Friday into next week will offer timely moisture for corn that will be in the key p...

Jul 03 2021, 9:31 AM July 02 2021, 6:43 PM July 03 2021, 9:31 AM (Bloomberg) -- Elsa, the first hurricane of the 2021 Atlantic storm season, is churning through the Caribbean, aiming for Hispaniola, Cuba and eventually Florida as extreme weather continues to batter the Northern Hemisphere. (Bloomberg) -- Elsa, the first hurricane of the 2021 Atlantic storm season, is churning through the Caribbean, aiming for Hispaniola, Cuba and eventually Florida as extreme weather continues to batter the Nor...

Soybean futures and wheat futures were higher in overnight trading while corn futures were little changed.

2. Export Inspections of Corn and Beans Rise While Wheat Assessments Fall Export inspections of corn and beans rose week-to-week while wheat assessments declined, according to the USDA. Corn inspections in the seven days that ended on April 22 were reported at 1.95 million metric tons, the agency said. That’s up from 1.56 million metric tons the previous week and almost double the 1.08 million tons reported the previous week. Soybean assessments last week totaled 233,911 metric tons, up f...

Wheat futures, corn futures and soybean futures rose in overnight trading.

2. Export Sales of Beans and Wheat Fall While Corn Sales Rise Export sales of soybeans and wheat dropped week-to-week while corn sales improved, according to the USDA. Soybean sales in the seven days that ended on April 15 were reported at only 64,300 metric tons, the agency said. That’s down 29% from the previous week but up 25% from the prior four-week average. Japan was the big buyer at 58,200 metric tons, Bangladesh took 55,000 tons, Indonesia purchased 14,800 tons, Canada was in for 1...

Nervous North American farmers set to seed in faith into parched soils Reuters 1 hr ago © Reuters/ANDREW CULLEN FILE PHOTO: Hay bales rest in a field in Killdeer, North Dakota By Rod Nickel and Julie Ingwersen WINNIPEG, Manitoba/CHICAGO (Reuters) - Fields across the Canadian Prairies and the U.S. Northern Plains are among the driest on record, raising production risks in one of the worlds key growing regions for canola and spring wheat. As planting season begins, the dusty soils generate...

Soybeans suffer heavy losses.

2. Ethanol Production Drops to Lowest in More Than Nine Months Ethanol output last week plunged to the lowest level in more than nine months and inventories hit a two-month low, according to the Energy Information Administration. Production of the biofuel dropped to an average of 658,000 barrels a day in the week that ended on Feb. 19, the EIA said in a report. That’s down from 911,000 barrels a day, on average, the previous week and the smallest output since the seven days that ended on M...

Soybean futures and corn futures were higher overnight on Brazil harvest woes while wheat futures declined.