Corn, Beans Rise on Altered Biofuel Blending Requirements Rumor
Corn: U.S. President Donald Trump was rumored to be interested in the revamp of the national biofuel program to ease regulations on oil refiners, providing new incentives for ethanol and biodiesel...
View ArticleWorld Grain Supply Continues to Expand, Outweighing Demand Prospects
Corn: Lower lows and lower highs were acheived each day of the trading week as fresh news was lacking and market participants were awaiting updated USDA Supply & Demand figures. A rise in corn used...
View ArticleSA Weather Premium Continues to be Removed From Market
Corn: Prices were in consolidation mode over the past few days following aggressive losses the prior week that offset any gains made this year. Wednesday gains were prompted by market chatter that...
View ArticleFocus Shifts to Weather as USDA Crop Progress Reports Begin
Corn: Even as the USDA reminded the market of ample corn stocks, prices have been moving higher due to an acreage number that leaned friendly for the market. Acreage was reported four million below...
View ArticlePlenty of Rain in Forecast but too Early to Get Excited About Planting Delays.
Corn: Prices moved to one-month highs during the shortened holiday trading week but values dropped into Monday as heavy supplies weigh on the market. Expectations for delayed plantings due to rain in...
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