Corn eases on harvest pressure, COVID-19 concerns

The corn rally may have peaked on Sep. 18 after going six consecutive weeks of higher week-over-week closes. Fears over coronavirus resurgence in Europe, surpassing 200,000 deaths here in the U.S., and increased cases in the Midwest caused a sharp drop in the equities [...]

WASDE: Drop in use, stocks rise for corn, soybeans

USDA lowered 2019/20 corn use for ethanol by 375 million bushels to 5.050 billion bushels in the April WASDE. This drop was partially offset by feed and residual demand rising to 5.675 billion bushels, up 150 million bushels from March. With use 205 million [...]

No-change WASDE for corn, soybeans

Today’s WASDE report, as expected, left the 2019/20 S&D balance sheets unchanged for U.S. corn and soybeans. For U.S. corn, all 2019/20 estimates were unchanged from the February report, and ending stocks are still projected at 1.892 billion bushels. For 2018/29, corn use for [...]