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Corn, Soy Rise on Speculation Bad Weather Hurt Crop More Than Estimated
Corn futures rose the most in a week and soybeans extended their rally on speculation that hot, dry weather in the U.S., the worlds largest grower and exporter, damaged crops more than forecast by the government. Production of corn will drop to a three-year low of 12.35 billion bushels, researc… read full news Published: Sat,… »
China Gobbles Up U.S. Soybeans – US-FOREX.US
With the sun shining over the U.S.’ key crop-growing regions, the clouds that settled over agricultural futures market earlier in the week lifted Thursday, thanks to hefty export sales.Investors flooded into the agricultural commodities market on Thursday, lifting prices of soybeans, corn and wheat after the U.S. Department of Agriculture reported strong crop exports-particularly for… »
Corn Ripe For The Picking – US-FOREX.US
Grain prices lost ground on Thursday as the market continued to absorb Tuesday’s acreage report from the U.S. Department of Agriculture, which showed an increase in corn plantings. A bountiful corn harvest would be a much-needed boon for food, ethanol and fertilizer companies that have swallowed increasing input costs resulting from high corn prices. Wet… »
Corn Is King Says USDA – US-FOREX.US
A bearish report from the U.S. Department of Agriculture buried crop prices on Tuesday as the market absorbed higher-than-anticipated planting acreage for corn and soybeans. Wet weather didn’t appear to negatively impact corn planting as much as the market had expected. The USDA’s 2009 forecast of 87.0 million acres puts the new crop at the… »
What Will Be The Top Crop – US-FOREX.US
Corn and soybean prices slipped a day ahead of the impending U.S. crop acreage report. Investors had anticipated a significant reduction to corn crop acreage since weeks of rainy weather drenched U.S. corn regions, delaying the planting period, and farmers were expected to surrender corn fields to soybeans, which can be planted later and require… »