U.S. Drought Watch
Drought conditions in the U.S. have improved somewhat from last year, but much of the Midwest, from the Dakotas to Texas, continues to suffer from moderate to exceptional drought. Conditions ...Read Full Story »
Posts related to ‘corn prices’
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Corn Planting Off to a Bumpy Start
It’s that time of year again. Yup, U.S. farmers are getting started on planting corn, but cool weather and wet ground are slowing down an early start, at least in ...Read Full Story »
Forecast Prices for Ag Commodities Fall
A previous forecast price for corn of $9 a bushel was lowered by $0.75 following last week’s U.S. Department of Agriculture’s (USDA) most recept World Agricultural Supply and Demand Estimates ...Read Full Story »
Corn Prices Tumbling
From a mid-August peak of a record $8.49 a bushel, corn December futures have fallen to around $7.40 a bushel today. The spread between corn for December 2012 delivery and ...Read Full Story »
Corn Prices Tumble on Low Exports
In something of a surprise today, corn prices gave back nearly all the gains they made in August, closing at the Chicago Board of Trade at $8.13/bushel. That’s a 12% ...Read Full Story »
El Niño Weather Pattern Continues Developing (CORN, SOYB, DBA)
The US Climate Prediction Center continues to forecast the formation of an El Niño weather pattern in the eastern Pacific Ocean in August and September, and now Japanese forecasters have ...Read Full Story »
US Drought Eases Somewhat on Midwest Rains
As much as 85% of the US Midwest got rained on this weekend in amounts varying between 0.2-0.8 inches, offering some relief for corn and soybean crops in the country’s ...Read Full Story »
US Drought Intensifies; Corn Prices Fall on Call to End Ethanol Mandate
The past seven days have seen drought conditions intensify in the states of Nebraska, Kansas, Missouri, Oklahoma, and Arkansas, according to today’s report from the US Drought Monitor: Pretty much ...Read Full Story »
Smithfield to Import Brazilian Corn
The world’s largest producer of pork, Smithfield Foods Inc. (NYSE: SFD) said today that it would begin importing corn from Brazil to use as feed for the company’s livestock. This ...Read Full Story »
Rain Forecast Quenches Corn Price Hikes
The weather forecast for US corn growers is little cooler and wetter today, especially toward the end of the week. A forecast for up to one inch of rain in ...Read Full Story »
Soybeans and Corn Hit Highs
The worst U.S. drought in more than half a century has pushed the prices of soybeans and corn to record highs. Although the American economy has been largely free of ...Read Full Story »
U.S. Drought Widens, Crop Threats Increase
The worst drought in 56 years now threatens crops in a vast swath of the U.S. midsection, running from Indiana to the Sierras. The seasonal outlook through September shows about ...Read Full Story »
US Drought Worsens Despite Some Rain
The US Department of Agriculture released its weekly drought monitor today, noting that rainfall in some parts of the US last week did almost nothing to alleviate the hardest-hit areas: ...Read Full Story »
Rain in Chicago Holding Down Corn Prices
It’s raining in Chicago today, and traders at the CBOT are behaving like it’s raining everywhere that corn is growing.From a high of well over $6.50/bushel on Wednesday, corn prices ...Read Full Story »
More Bad News on US Corn Crop (VLO, CORN)
Analysts at Dutch-based Rabobank have predicted that US corn prices could rise another 25% by the end of the year on lower yields due to hot, dry weather. That would ...Read Full Story »
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