Corn trading sideways ahead of February WASDE

Futures activity Mar-22 corn futures closed slightly lower last week at $6.2050 per bushel. Futures are up about $0.70 per bushel year on year.  S&D and fundamental factors With WASDE’s release this week, one key question is whether global corn ending stocks will fall further. [...]

Corn futures fall under liquidation pressure

Futures activity Positioning ahead of tomorrow’s WASDE report led to volatility in the corn market last week. Dec-21 futures settled at $5.53 per bushel last week, down $0.26 per bushel from Monday. Dec-22 futures closed at $5.405 per bushel. S&D and fundamental factors Ahead [...]

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 [...]

Brazil’s corn farmers face yet another frost setback

Southern Brazil is expecting another frost event before August, the third such event in the past month, which has seen the worst stretch of weather for the region in the past 25 years. Just 39 percent of Brazil’s safrinha corn was harvested as of Jul. [...]

Brazilian corn crop estimates notably different

Last week, both USDA and Brazil’s CONAB released their most recent agricultural supply and demand estimates. USDA left its 2020/21 Brazilian corn crop estimated at 110.0 MMT, 1.1 MMT above the industry estimate. CONAB estimates significantly lower 2020/21 Brazilian corn output at just 102.5 [...]

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 [...]

Go to Top