CORN CBOT corn prices fell to their lowest level since 2020 on Monday due to expectations of a bumper corn crop and continued farmer selling, which put pressure on future corn prices. CBOT corn prices rose on Tuesday due to a heatwave threatening crops in the U.S. Midwest and the lower-than-expected rating from the U.S….
Author Archives: Khanh Huyen
CORN CBOT corn prices rose sharply on Monday, recovering after a week at multi-year lows due to buying activity aimed at offsetting drought conditions. CBOT corn prices fell on Tuesday as the Midwest crop tour began to show positive results for the grain, but drought conditions in some Midwest regions caused prices to drop to…
CORN CBOT corn prices rose on Monday after the U.S. Department of Agriculture forecast a larger corn crop than its July estimate, though it anticipated a lower-than-expected acreage. Meanwhile, analysts surveyed by Reuters predicted that the agency would lower its rating for this grain by 1 percentage point by the end of the day. CBOT…
CORN CBOT corn prices rose on Monday as commodity funds covered short positions in response to signs of a weakening U.S. economy and a declining dollar, market analysts said. CBOT corn prices fell on Tuesday as a stronger dollar negated the gains made the previous day after funds had covered short positions amid a broad…
CORN Spot purchase prices for U.S. soybeans and corn were mostly stable or weaker at grain elevators and river terminals on Monday. Farmers have hedged some of their corn as prices recovered from initial losses, according to John Stewart & Associates. The basis had a generally weaker tone, particularly in the western regions, the company…
CORN The CBOT corn price increased sharply on Monday due to short-covering and the spillover effect from soybean futures, as market participants unwound short positions that had been established in anticipation of Trump’s potential re-election. The CBOT corn price extended its gains into the second day on Tuesday, with the most active ZC1! contract reaching…
CORN Corn prices on the CBOT fell to $4 per bushel in the Monday session, hitting a more than 3.5-year low, due to brighter supply prospects and lackluster demand. According to analysts, CBOT soybean and corn prices rallied strongly on Tuesday after touching multi-year lows, driven by bargain hunting and forecasts of lower-than-expected crop yields…
Corn Corn prices at the CBOT (Chicago Board of Trade) fell sharply on Monday, dropping to the lowest level in four years, as traders anticipated a positive outlook on the US crop progress from the USDA (United States Department of Agriculture) report to be released after market close On Tuesday, CBOT corn prices rebounded higher…
CORN Corn prices on the CBOT (Chicago Board of Trade) declined slightly on Monday due to favorable weather forecasts for the US Midwest region and the lingering effects of the USDA’s (United States Department of Agriculture) crop acreage report on Friday, which showed that farmers had planted more corn than expected. Corn prices on the…
CORN CBOT Corn prices fell on Monday session due to expectations of various grains being planted ahead of the USDA’s acreage data release at the end of the week. Analysts surveyed by Reuters forecasted 90.353 million acres of corn planted, up from the March estimate of 90.036 million acres. Closing on Tuesday, CBOT Corn prices…