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May 12, 2021
China 2021/22 corn output seen up 4.3% China’s 2021/22 corn output is expected to rise by 4.3% on increased acreage and yields, the agriculture ministry said on Wednesday. China was expected to produce 271.81 million tonnes of corn in the 2021/22 year, up from 260.67 million tonnes a year ago, the Ministry of Agriculture and Rural Affairs said in a report. This year’s corn planting acreage was seen up 3.4% at 42.67 million hectares, as farmers were willing to expand the planting area on bet...
May 12, 2021
Article content SINGAPORE — Chicago soybeans climbed more than 1% on Wednesday to their highest in nearly nine years, as shrinking global feed grain supplies and positioning ahead of a key U.S. supply-demand report due later in the day underpinned prices. Wheat and corn futures rose around 1%, with both markets gaining for a second straight session. We apologize, but this video has failed to load. Try refreshing your browser, or Soybeans at near 9-year high on tightening supplies; wheat, cor...
May 11, 2021
5/10/2021 * U.S. corn planting at 67%, as of Sunday, above average pace * AgRural cuts production estimate for Brazils corn crop (Recasts, adds quote in paragraphs 3-4, details on Brazilian corn output) By Naveen Thukral SINGAPORE, May 11 (Reuters) - Chicago corn futures slid for a second consecutive session on Tuesday, hitting their lowest in almost one week as rapidly progressing U.S. planting weighed on the market. The corn market is taking a break after a strong rally, ahead of the widely w...
May 11, 2021
2. Export Inspections of Corn Decline While Beans and Wheat Improve Export inspections of corn fell in the seven days that ended on May 6 while soybean and wheat examinations improved, according to the USDA. Corn assessments totaled 1.71 million metric tons, down from 2.21 million tons a week earlier, the agency said in a report. That was still above the 1.41 million metric tons examined during the same week a year earlier. Soybean inspections last week were reported at 236,918 metric tons,...
May 11, 2021
5/11/2021 * Corn tumbled on Monday after last weeks eight-year peak * Market weighs weather for U.S. and Brazilian corn crops * USDA May 12 report in focus for gauge of supply strains * Soybeans and wheat firm after retreating on Monday (Updates with European trading, changes byline/dateline) By Gus Trompiz and Naveen Thukral PARIS/SINGAPORE, May 11 (Reuters) - Chicago corn futures edged higher on Tuesday, consolidating after a steep pullback a day earlier, as the marke...
May 11, 2021
5/11/2021 CHICAGO, May 11 (Reuters) - Following are U.S. trade expectations for the opening of grain and soy complex trading at the Chicago Board of Trade (CBOT) at 8:30 a.m. CDT (1330 GMT) on Tuesday. NOTE: Position squaring expected ahead of U.S. Agriculture Departments monthly World Agricultural Supply and Demand Estimates (WASDE) report on Wednesday. The May WASDE will be the first to include estimates for the 2021/22 marketing year. WHEAT - Up 7 to 8 cents per bushel * Rebound expected in ...
May 11, 2021
GRAINS-U.S. soy futures top $16/bushel, first time since 2012, on supply fears Reuters 3 days ago Popular Searches By Julie Ingwersen CHICAGO, May 11 (Reuters) - Benchmark U.S. soybean futures jumped above $16 a bushel on Tuesday for the first time since 2012 as traders focused on tightening feed grain supplies and dry weather in Brazils corn belt, traders said. Corn and wheat futures also posted sharp gains, with nearby contracts leading the way up. A weaker dollar lent support, making U.S. ...
May 11, 2021
5/11/2021 * Market weighs weather for U.S. and Brazilian corn crops * USDA May 12 report in focus for gauge of supply strains * Soybeans and wheat firm after retreating on Monday (Recasts with soybeans above $16) By Gus Trompiz and Naveen Thukral PARIS/SINGAPORE, May 11 (Reuters) - Chicago Board of Trade soybean futures jumped 1.8% on Tuesday, surging above $16 a bushel for the first time since September 2012 as traders focused on prospects for tight supplies until late 2022. Corn and wheat fut...
May 11, 2021
Suggested Event Jun 15, 2021 to Jun 17, 2021 Many market commentators have noted that the May World Agricultural Supply and Demand Estimates (WASDE) report is traditionally a bit of a non-starter. But there is a lot of background noise that will underscore tomorrow’s report. New information will be added to the monthly report and the first concrete 2021/22 demand estimates will be released for markets to digest new crop demand potential – or rationing. What changes are already known? USDA...
May 11, 2021
Publishing date: May 11, 2021 • May 11, 2021 • 1 minute read • Article content PARIS/SINGAPORE — Chicago Board of Trade soybean futures jumped 1.8% on Tuesday, surging above $16 a bushel for the first time since September 2012 as traders focused on prospects for tight supplies until late 2022. Corn and wheat futures also posted sharp gains after a steep pullback a day earlier, as the market turned its attention to U.S. government forecasts due Wednesday that are expected t...