Page 12 - Key Commodities News Today

Weather woes heat up grain prices.

Weather woes heat up grain prices.

Most grain prices back in the red.

Fierce demand lifts corn prices.

Bargain buyers come for corn.

Soybeans and what also spill into the red Tuesday Corn prices were hammered Tuesday amid a major round of technical selling partly spurred by yield-friendly weather forecasts and a slowdown in Chinese purchases. Nearby contracts tumbled 5.5% lower by the close. Spillover weakness negatively affected soybean and wheat prices, too. Soybeans finished down nearly 0.7%, while some wheat contracts dropped as much as 1.7% today. Most of the Corn Belt should gather 1” or more additional rainfall betw...

Corn, soybeans and wheat all face cuts in Wednesday’s session A broad commodity selloff Wednesday left stock markets, energy prices and more significantly lower. Grain prices also spilled into the red after ample technical selling today. Soybeans and wheat were both down around 2% by the close. Corn was a little more complicated, posting mixed results. July futures climbed 0.4%, while September futures dipped 0.25% lower after some uneven technical maneuvering today. More wet weather is on it...

Wheat prices also take a tumble in Monday’s session Corn prices finally caught a break Monday, closing higher for the first time in nearly a week. But yield-friendly weather forecasts created a bearish environment for wheat prices, with some contracts losing more than 3% in a rocky session. Soybeans spent most of the day in the red, but July futures closed with meager gains while August futures ended up down slightly today. Most of the central U.S. will gather up another 0.25” to 1” addit...

Corn, soybeans and wheat all faced significant cuts Thursday Technical selling and profit-taking plagued grain prices Thursday after traders had more time to digest some bearish data from USDA’s World Agricultural Supply and Demand Estimates (WASDE) report, out yesterday. Planting pressure is also creating short-term headwinds, as is a strengthening U.S. Dollar. Corn prices were hit the hardest, with July futures finishing the session limit down. July soybean futures dropped 3.5%, and some wh...

Prices mixed after traders digest a big supply and demand report from USDA USDA’s latest World Agricultural Supply and Demand Estimates (WASDE) report, out late this morning, held a lot of grain data for both the current marketing year and for 2021/22 that ultimately had a mixed effect on grain prices today. Soybeans were the session’s big winner, climbing another 1.75% and capturing double-digit gains. But corn slid around 1% lower after some technical selling today, and some wheat prices ...