Page 2 - Kyle Stackhouse News Today : Breaking News, Live Updates & Top Stories | Vimarsana

scyther5/Thinkstock Corn, wheat start the week on a bullish note. (Comments are updated by 7:30 a.m. Central Time.) Chinese demand and weather woes continue to fuel rallies Corn up 7-15 cents Wheat up 14-18 cents Corn Corn prices are on a tear again this week, with dry weather in Brazil and planting delays in the U.S. raising concerns about global supplies in the overnight trading session. Old crop prices rose $0.13-$0.15/bushel on steady demand from China, while new crop futures are trading $0.07-$0.09/bushel higher on the narrowing supply outlook. The nearby May 20...

Wheat stumbles on a rising dollar.

Grant Thompson “It’s a risk if you aren’t able to properly inspect a piece of equipment and get a good sense of how it runs,” says Kyle Stackhouse. Pandemic forces more farm machinery shopping to go online. The prices so many farmers have been patiently waiting for have finally arrived. Soybeans are back in the teens, corn is near $5 per bushel, and wheat has eclipsed the $6 benchmark. With better-than-expected profits in hand, some hard decisions must be made. Paying down debt is still the most pragmatic choice, but farm equipment upgrades may be long overd...

Wheat rallies on Russian export tax.