Page 13 - May Corn News Today : Breaking News, Live Updates & Top Stories | Vimarsana

4/29/2021 2:46:04 PM GMT Financials: As of this writing (5:30am) June Bonds are 18 lower at 156’30 and 1’22 lower for the week. 10 Year Notes are 8 lower overnight at 131’28, down 18 for the week and the 5 Year notes 3 lower overnight and 10 lower for the week. inversely yields are higher with the 2 year up 2 basis points for the week at 0.17%, the 5 year up 8 for the week at 0.88%, the 10 year up 10 basis points at 1.65% and the 30 year bond up 9 at 2.32. Continued new highs in equities due to Big Tech earnings and optimism fostered by President Biden’s delivery of last nights speech...

Cattle Trending Lower This is Matt Rice with today’s Market Line Report for Tuesday. Cattle struggle once again as prices shift lower, consumer demand not enough to combat higher feed prices. Let’s go to Virginia McGathey with the CME Group to hear more. Chicago Soft Red Winter Wheat prices for July closed the day dn 1 ¼, to finish at 653 ¾. May Corn was up 6 ½, to close at 592. Kansas City Hard Red Winter Wheat prices for July were up 2 ½, to settle at 618 ¾. Portland prices for Ordinary Club Wheat were Unch, ranging from 6-70 to 7-05. Soft white wheat of Ordinary Protei...

The corn market might’ve finished yesterday in the red but comparing to last year, things are looking very promising

Corn Jumps Nearly 2% This is Matt Rice with today’s Market Line Report for Wednesday. Corn jumps nearly 2 % as a traders start to set their sights on the $6 mark. Scott Shellady with the CME Group to covers the details. Chicago Soft Red Winter Wheat prices for July closed the day up 2 ¼ to finish at 633 ½. May Corn was up 11, to close at 580. Kansas City Hard Red Winter Wheat prices for July were up 6, to settle at 592 ¾. Portland prices for Ordinary Club Wheat were Unch, ranging from 6-70 to 7-05. Soft white wheat of Ordinary Protein for May was Unch, ranging from 6-70 to 6-...

The April WASDE report was released Friday. This report, the fifth of the calendar year, is generally used to reconcile the March Quarterly Stocks Report with the World Agricultural Outlook Board’s balance sheet and provide any necessary updates to their demand estimates. The implication from corn’s stocks report was that USDA would acknowledge the slightly tighter than expected stocks in the form of additional demand on the balance sheet and possibly acknowledge the pace of export commitments. This was certainly the case, with export, ethanol and feed/residual all revised higher by a tot...