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CORN / Corn futures pare gains as USDA cuts its forecast for U.S. exports

Corn futures pare gains as USDA cuts its forecast for U.S. exports
Corn futures edged higher on Friday, but trade below the session's best levels after the U.S. Department of Agriculture reduced its forecast for U.S. corn exports and raised its expectations for ending stocks for the 2022/2023 marking year. The government agency lowered its U.S. corn exports forecast by 75 million barrels, citing competition from other exports and “relatively” high U.S. prices. Read More
Posted: Dec 9 2022, 12:53
Author Name: Market Watch
Views: 111549

CORN News  

Crops Expert Sees Low Margin for Error on Soybeans, Corn

By ETF Trends
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Crops Expert Sees Low Margin for Error on Soybeans, Corn

Both corn and soybean prices have been feeling downward pressure all year, leaving little room for error when it comes to crop yield, as one crops exp more_horizontal

Brazil Takes Top Spot From U.S. for Corn Exports

By ETF Trends
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Brazil Takes Top Spot From U.S. for Corn Exports

Corn price traders may want to keep closer tabs on Brazil after it took the top spot from the United States as the dominant corn exporter. The month o more_horizontal

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Cooler, Wetter August Could Temper Corn, Soybean Prices

Bullish traders looking for the current drought to extend into the rest of 2023 might not get what they wished for if a colder, wetter August plays ou more_horizontal

Why Russia's decision to halt grain deal is stirring global inflation worries

By Market Watch
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Why Russia's decision to halt grain deal is stirring global inflation worries

Russia's decision Monday to suspend the Black Sea Grain Initiative led to a short-lived rally in the wheat and corn markets, but concerns over global more_horizontal

Corn Prices Driven by Brazilian Surplus and U.S. Drought

By ETF Trends
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Corn Prices Driven by Brazilian Surplus and U.S. Drought

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CORN ETF: The Impact Of Ukraine/Russia Conflict, Drought And More

By Seeking Alpha
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CORN ETF: The Impact Of Ukraine/Russia Conflict, Drought And More

The US and China are the world's leading corn producers, with the 2023 crop currently in its growing season. Weather conditions and potential droughts more_horizontal

Summer Volatility Plagues Corn Markets

By Bloomberg Markets and Finance
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Summer Volatility Plagues Corn Markets

The instability that traditionally impacts corn markets during summer is already in full force, with a drought-ravaged US corn market sending volatili more_horizontal

No Definitive Signs on Black Sea Grain Deal Heading Into July

By ETF Trends
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No Definitive Signs on Black Sea Grain Deal Heading Into July

It's been a high-stakes game of poker for Russia and Ukraine regarding the Black Sea grain deal. If both nations decide to fold and walk away with no more_horizontal


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