Latest news with #ANEC
Yahoo
7 days ago
- Business
- Yahoo
Corn Weakness Extends to the Tuesday Close
Corn futures edged back towards their intraday lows at the Tuesday close, settling with 4 to 5 cent losses. The CmdtyView national average new crop Cash Corn price was down 4 ½ cents on Tuesday at $3.765. Rain is expected to continue across much of the Corn Belt in the next week, with lighter totals seen in MI, NE, MO and the Southern Plains. More News from Barchart Coffee Prices Rise on Frost Threats in Brazil Frost Threats in Brazil Push Coffee Prices Sharply Higher Signs of Weak Chocolate Demand Undercut Cocoa Prices Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! USDA's NASS division weekly Crop Progress data indicated 56% of the US corn crop was silking as of 7/20, trailing the 5-year average by 2 points. The crop was 14% in the dough stage, vs. the 12% average. Condition ratings were unchanged at 74% gd/ex and 385 on the Brugler500 index. Iowa condition ratings were the strongest, with Michigan rated the worst among the bigger acreage states. ANEC estimates the July Brazil corn exports at 4.14 MMT, which is down from the 4.6 MMT estimate in the week prior. Sep 25 Corn closed at $3.99 1/4, down 4 1/2 cents, Nearby Cash was $3.86 1/2, down 4 1/2 cents, Dec 25 Corn closed at $4.18, down 4 1/4 cents, Mar 26 Corn closed at $4.35 3/4, down 4 cents, New Crop Cash was $3.76 1/2, down 4 1/2 cents, On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
23-07-2025
- Business
- Yahoo
Corn Holding Steady as US and Japan Stike Trade Deal
Corn prices are sticking close to unchanged on Wednesday morning. Futures edged back towards their intraday lows at the Tuesday close, settling with 4 to 5 cent losses. Preliminary open interest showed net new selling, up 18,351 contracts on Tuesday, The CmdtyView national average new crop Cash Corn price was down 4 ½ cents on Tuesday at $3.765. Japan and the US agreed to a trade deal that was announced late on Tuesday. Tariffs will be set at 15% starting August 1. It also expects to boost rice imports by Japan, with Japan buying $8 billion in ag goods. More News from Barchart Coffee Prices Rise on Frost Threats in Brazil Frost Threats in Brazil Push Coffee Prices Sharply Higher Signs of Weak Chocolate Demand Undercut Cocoa Prices Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. Rain is expected to continue across much of the Corn Belt in the next week, with lighter totals seen in MI, NE, MO and the Southern Plains. ANEC estimates the July Brazil corn exports at 4.14 MMT, which is down from the 4.6 MMT estimate in the week prior. Several South Korean importers purchased a total of 269,000 MT of corn in tenders overnight. Sep 25 Corn closed at $3.99 1/4, down 4 1/2 cents, currently up ¾ cent Nearby Cash was $3.86 1/2, down 4 1/2 cents, Dec 25 Corn closed at $4.18, down 4 1/4 cents, currently up 1/4 cent Mar 26 Corn closed at $4.35 3/4, down 4 cents, currently down 1/2 cent New Crop Cash was $3.76 1/2, down 4 1/2 cents, On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
16-07-2025
- Business
- Yahoo
Corn Bulls Trying to Take Control on Wednesday
Corn price action is 4 to 6 cents higher so far on Wednesday morning. Futures held onto gains heading into the Tuesday close, as contracts were up 1 to 2 cents in the nearbys. Preliminary open interest suggested some light short covering, down 21,565 contracts. The front month CmdtyView national average Cash Corn price was up 1 1/4 cents at $3.88 3/4. Crop Progress data showed crop ratings by state, IN was down 2, with SD and OH slipping 1, and MI falling 9. Improvement was noted in MO (+14), ND (+6), NE and IL (+3), with IA ratings steady. Coffee Prices Fall Back After Monday's Surge Coffee Prices Fall Back After Monday's Surge How About those Crop Condition Numbers for Corn and Soybeans? Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! Rains are expected to be rather widespread this next week according to NOAA's 7-day QPF, with much of the Corn Belt seeing 1 to 3 inches. Brazil corn exports are expected to total 4.3 MMT in July according to ANEC, a 0.26 MMT increase from their prior number and above the 3.55 MMT from last year. EIA data will be released this morning with some looking for a steady ethanol production number during the week that ended on July 11. Sep 25 Corn closed at $4.01 1/4, up 1 1/4 cents, currently up 4 1/4 cents Nearby Cash was $3.88 3/4, up 1 1/4 cents, Dec 25 Corn closed at $4.19 3/4, up 1 3/4 cents, currently up 5 cents Mar 26 Corn closed at $4.36 3/4, up 2 cents, currently up 5 1/2 cents New Crop Cash was $3.77 1/4, up 1 1/2 cents, On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Yahoo
16-07-2025
- Business
- Yahoo
Soybeans Pushing Higher Early on Wednesday
Soybeans are trading with gains of 9 to 10 cents so far on Wednesday. Futures slipped lower at midday, with contracts closing 5 to 6 cents in the red on Tuesday. Tuesdays preliminary open interest was up 5,374 contracts. The cmdtyView national average Cash Bean price was down 4 3/4 cents at $9.56 1/4. Soymeal futures were down $2.20 to $2.70/ton, as Soy Oil was 30 to 43 points higher. President Trump announced a preliminary trade deal with Indonesia on Tuesday, reportedly including commitments to purchase $4.5 billion in ag products. Crop Progress rating improvement came in IL (+15), with MO (+10), ND (6), MN (+5), and IA (+1) all seeing stronger ratings. Conditions in MI were down 7, with SD slipping 3 and NE 1 point lower. Coffee Prices Fall Back After Monday's Surge Coffee Prices Fall Back After Monday's Surge How About those Crop Condition Numbers for Corn and Soybeans? Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! NOPA from Tuesday morning showed a total of 185.7 mbu of soybeans crushed in June, above trade estimates. That was down 3.69% from May, but up 5.76% from last year and a June record. Soybean oil stocks were tallied at 1.366 billion lbs. July exports out of Brazil are estimated at 12.19 MMT according to ANEC, a 0.26 MMT increase from last week's estimate, and would be an increase from the 11.25 MMT last year. Aug 25 Soybeans closed at $9.95, down 6 cents, currently up 9 cents Nearby Cash was $9.56 1/4, down 4 3/4 cents, Sep 25 Soybeans closed at $9.87 1/4, down 6 cents, currently up 9 1/4 cents Jan 26 Soybeans closed at $10.19, down 5 cents, currently up 9 1/2 cents New Crop Cash was $9.53 1/2, down 4 3/4 cents, On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
16-07-2025
- Business
- Yahoo
Corn Holds onto Turnaround Tuesday Strength
Corn futures held onto gains heading into the Tuesday close, as contracts were up 1 to 2 cents in the nearbys. The front month CmdtyView national average Cash Corn price was up 1 1/4 cents at $3.88 3/4. Crop Progress data from Monday showed steady crop ratings at 74% gd/ex and 385 on the Brugler500 index. By state, IN was down 2, with SD and OH slipping 1, and MI falling 9. Improvement was noted in MO (+14), ND (+6), NE and IL (+3), with IA ratings steady. Coffee Prices Surge on Dry Conditions in Brazil and Tariff Threats Coffee Prices Sharply Higher on Dry Weather in Brazil and Tariff Threats Cocoa Prices Settle Higher as Ivory Coast Cocoa Exports Slow Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. Rains are expected to be rather widespread this next week according to NOAA's 7-day QPF, with much of the Corn Belt seeing 1 to 3 inches. Brazil corn exports are expected to total 4.3 MMT in July according to ANEC, a 0.26 MMT increase from their prior number and above the 3.55 MMT from last year. EIA data will be released on Wednesday morning with some looking for a steady ethanol production number during the week that ended on July 11. Sep 25 Corn closed at $4.01 1/4, up 1 1/4 cents, Nearby Cash was $3.88 3/4, up 1 1/4 cents, Dec 25 Corn closed at $4.19 3/4, up 1 3/4 cents, Mar 26 Corn closed at $4.36 3/4, up 2 cents, New Crop Cash was $3.77 1/4, up 1 1/2 cents, On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
