Late-planted corn in Argentina is delivering higher-than-expected yields, with 34.1% of the 2020/21 crop already harvested, the Buenos Aires Grains Exchange said on Thursday. The South American grains powerhouse is the world’s No. 3 corn exporter. “The yields of late-planted corn continue to exceed initial expectations, and are even higher than the productivity of early .
CHICAGO/PARIS/SINGAPORE (June 4): Chicago corn, soybean and wheat futures gained on Friday as hot, dry conditions in parts of the US Midwest threatened yield potential at a time of tight global supply.
The most-active corn contract on the Chicago Board of Trade (CBOT) ended 20-3/4 cents higher at US$6.82-3/4 per bushel, gaining 4% for the week. New-crop December corn added 25 cents to end at US$5.91-1/2.
CBOT soybeans gained 34-1/2 cents to US$15.83-3/4 per bushel, increasing 3.48% for the week. New-crop November soybeans added 32 cents to US$14.35-1/2.
CBOT wheat gained 11-1/2 cents to US$6.87-3/4 per bushel, a 3.65% gain for the week.
Weather forecasts raise early risk for U.S. corn, soy crops Brazil drought set to cut corn crop, hamper river logistics U.S. spring wheat stress, global demand support wheat (Updates with European trading, changes byline/dateline) By Gus Trompiz and Naveen Thukral PARIS/SINGAPORE, June 4 (Reuters) - Chicago corn, soybean and wheat futures rose on Friday as grain markets
The U.S. soybean planting pace is slower than expected, but the weather forecast is enough to support the market this week. The five-day forecast shows almost no rain for the Dakotas, Nebraska, Iowa, Minnesota, and the northern half of Illinois. While rains were active last week, parts of the Dakotas did not receive ample amounts, .