Speculators reversed course in the Chicago corn market last week, scrapping what had been relatively fresh short bets as U.S.
Speculators recently pared their bearish Chicago corn bets to the lowest levels in over a year as supply uncertainties ramped ...
The nearest resistance is at $5.04-1/2, the 800% level, which looks vulnerable and may be broken soon. Support is at $4.98, a break below which could cause a fall to $4.94.
CBOT December corn futures rallied 6.6% through Tuesday, July 18, though the week included a drop to new yearly lows after the Department of Agriculture expanded the US corn crop outlook.
In its latest weekly report, the EIA said that average daily production was 1.113 million barrels a day for the week ended Nov. 8. That's up 8,000 barrels a day from the previous week, which is enough ...
Oats led the way on the upside, with gains in corn and CBOT and MGE wheat futures. Soybeans, KCBT wheat, rough rice, soybean ...
December corn futures have tumbled 19% since the start of 2024 and are down the same degree versus a year ago. November soybeans are off 14% since the year’s start but are trading 21% lower than ...
"Corn continues its recovery this morning with harvest pressure easing and the U.S. continuing to find strong export demand," says Bergman. Most-active CBOT corn is up 0.9% pre-market, soybeans ...
Benchmark CBOT July corn futures found support overnight at Tuesday's low of $6.17-1/4 a bushel.
Wheat futures, meanwhile, ticked down as timely rain hit major wheat-growing areas. CBOT corn was up 3 cents at $4.30-1/2 a bushel at 12:49 p.m. CST while CBOT soy was up 5-1/4 cents at $10.31-1/2 per ...
CANBERRA: Chicago wheat futures rose on Tuesday, after falling to a two-month low in the previous session as the U.S. dollar strengthened and forecasts for more rain in the dry U.S. Plains improved ...
All three contracts fell to four-year lows in recent months, but have regained some ground as supply threats emerged ...