Corn market holds firm

Futures activity Mar-23 futures saw pressure early last week that took the contract to $6.66 per bushel, but prices appreciated by close of Thursday back above $6.80 per bushel. S&D and fundamental factors Ethanol production was relatively flat the week ending Jan. 20, at [...]

Corn market bullish after WASDE

Futures activity Mar-23 futures rallied 21 cents per bushel last week, back up to $6.75 per bushel. S&D and fundamental factors Argentina’s crop outlook seems to be getting worse each week. The Rosario Exchange (Argentina’s local ag forum) lowered their corn crop estimate from [...]

Corn exports slashed in December WASDE

Changes for corn were limited in Friday’s December WASDE, with exports seeing the only meaningful change in the U.S. balance sheet—already expected as weekly sales continue to disappoint. Sales on the books are 48 percent behind last year and reaching even the new USDA [...]

South American corn & soybean planting begins

At the start of October, early-season corn planting in Brazil was about a third complete, slightly above the five-year average. Brazil’s soybean crop was some 4 percent planted, a couple of points above the average. Light to moderate rains and warm to hot temperatures [...]

South American planting eases forward

In the week ending Oct. 16, early-corn planting in Argentina rose to about 47 percent planted, up 5 points week on week but 15 points below the five-year average. Brazil's early-corn planting rose to over 47 percent, up 8 points week on week but [...]

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