Corn tried to tag along with wheat, but never got better than 8-9 higher and actually faded slightly at the close. General Comments Three weekend events pushed the wheat market sharply higher overnight.
The driest portions of the U.S. hard red winter wheat region again missed any beneficial rain. Portions of the same region will see freezing temperatures the next two nights that will cause some damage. Weekend news from the Black Sea region created more uncertainty. A French analytical group lowered its estimates of 2014 Black Sea wheat and corn production because of dryness and political unrest.
Corn and soybeans tried to follow wheat, but with limited success. Trading volume was heavy in wheat, while moderate in corn and soybean...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
