Latest news with #CentralCornBelt
Yahoo
13-07-2025
- Business
- Yahoo
Corn Adds to Week's Losses on Friday
Corn futures failed to see much buying post-USDA data release on Friday, as futures slipped into the close with losses of 3 to 5 cents. September closed out the week with a loss of 24 ¼ cents, as December was down 24 ¾. The front month CmdtyView national average Cash Corn price was down 3 cents at $3.82 1/4. Late on Thursday, President Trump announced a 35% tariff on Canadian goods excluding USMCA compliant products starting on August 1. Rains are in the forecast for the next week in the Central Corn Belt, with the northern part of the ECB nearly 1 inch. Coffee Prices Resume Weakness on Harvest Pressure Despite US Tariff Threats to Brazil US Tariff Threat on Imports from Brazil Underpins Arabica Coffee Prices Will Watson Change Its Mind About Corn Friday? Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! USDA's balance sheets saw some adjustments this morning, with the old crop side seeing a 75 mbu drop to feed and residual, but a 100 mbu increase to exports. That took the carryout for 2024/25 to 1.35 bbu, 25 mbu lower. That translated to the new crop side, with production down 115 mbu to 15.705 bbu on the lower acreage total, with that yield left at 181 bpa. Feed and residual was also trimmed for new crop on the tighter supplies, with stocks down 90 mbu to 1.66 bbu. USDA also raised their Brazilian projection, as expected, but to 132 MMT, a 2 MMT increase. World stocks for 2025/26 were tightened with the lower US number, down 3.16 MMT to 272.08 MMT. The Friday afternoon Commitment of Traders report from CFTC showed speculators trimming 2,602 contracts from their large net short position in corn futures and options as of July 8. That net short stood at 203,861 contracts as of Tuesday. Commercials added a 3,650 contracts to their small net short position of 30,181 contracts. Jul 25 Corn closed at $4.03, down 4 1/4 cents, Nearby Cash was $3.82 1/4, down 3 cents, Sep 25 Corn closed at $3.96, down 3 1/4 cents, Dec 25 Corn closed at $4.12 1/4, down 4 1/4 cents, New Crop Cash was $3.71 1/4, down 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
Yahoo
11-07-2025
- Business
- Yahoo
Soybeans Losses Extending to Thursday
Soybeans are trading with 1 to 7 cent losses on Thursday morning, with the nearbys feeling the brunt of the pressure. Futures slipped even further into the Wednesday close, as most contracts were down 10 to 12 cents at the final bell. Preliminary open interest suggested net new selling, up 7,643 contracts on Wednesday. There were 308 deliveries against July soybeans overnight. The cmdtyView national average Cash Bean price was down 12 1/2 cents at $9.68 ½. Soymeal futures were down a dime to $1.40/ton, as Soy Oil was 45 to 82 points lower. There were 148 deliveries issued for July meal overnight, with the month's total at 4,195. CONAB trimmed back their 2024/25 soybean production estimate for Brazil by 0.12 MMT to 169.48 MMT. Coffee Prices Slip on Brazilian Real Weakness and Increased Supplies The Golden Rule of Grains: Why "Imaginary Fundamentals" Are Crushing Corn & Soybeans Will it Be a Watson Wednesday? Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! Weekly Export Sales data will be out on Thursday morning, with the trade looking for 300,000 to 600,000 MT in the week of July 3 for old crop, with 50,000 to 400,000 MT seen for new crop. Soybean meal is seen in a range of 125,000 to 950,000 MT in that week and 0 to 30,000 MT for bean oil. The Central Corn Belt is expected to receive 1 to 3 inches of rain this week, with the western half of the Northern Plains and parts of the ECB seeing totals near an inch Ahead of the Friday USDA reports, analysts are expecting to see the a 10 mbu increase in the old crop bean stocks to 360 mbu. As for new crop, the Bloomberg survey showed traders looking for a 7 mbu reduction to output on the slight drop in acres to 4.333 bbu. Ending stocks for 2025/26 are estimated at 302 mbu, a 7 mbu increase vs. June. Jul 25 Soybeans closed at $10.12 1/4, down 12 cents, currently down 7 cents Nearby Cash was $9.68 1/2, down 12 1/2 cents, Aug 25 Soybeans closed at $10.09, down 12 1/4 cents, currently down 5 1/2 cents Nov 25 Soybeans closed at $10.07 1/4, down 10 1/4 cents, currently down 1 3/4 cents New Crop Cash was $9.58, down 10 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
10-07-2025
- Business
- Yahoo
Corn Pushing to New Lows as Conditions Improve
Corn futures are extending the losses on Tuesday with September flirting with $4 and contracts down 2 to 4 cents. There were 77 deliveries issued against July corn futures overnight. The front month CmdtyView national average Cash Corn price is down 3 1/2 cents at $3.86 1/2 USDA reported a private export sale of 112,776 MT of corn to Mexico this morning, all for new crop shipment. Coffee Prices Sink as Brazil's Coffee Harvest Accelerates It's Game Time for Grains: What to Watch as Critical Period for Corn, Soybeans Begins Global Corn Demand Soars, U.S. Supply in Focus—Can You Capitalize on This Market Shift? Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. The Central Corn Belt is expected to receive 1 to 2 inches of rain this week, with the western half of the Plains and parts of IN and OH seeing lighter totals. Crop Progress data showed 18% of the US corn crop was silking by July 6, 3 points ahead of normal, with 3% in the dough stage. Condition ratings were up 1% to 74% good/excellent, with the Brugler500 index improving 3 points to 385. CFTC data showed specs adding 24,181 contracts to their growing net short position in corn futures and options as of July 1. That net short was 206,463 contracts as of last Tuesday. Jul 25 Corn closed at $4.14, down 4 cents, Nearby Cash was $3.86 1/2, down 3 1/2 cents, Sep 25 Corn closed at $4.00, down 3 1/2 cents, Dec 25 Corn closed at $4.16 1/2, down 4 1/4 cents, New Crop Cash was $3.75 1/4, down 3 1/4 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 al recuperar los datos Inicia sesión para acceder a tu cartera de valores Error al recuperar los datos Error al recuperar los datos Error al recuperar los datos Error al recuperar los datos
Yahoo
09-07-2025
- Business
- Yahoo
Corn Slide Continuing on Wednesday Morning
Corn prices are down fractionally to 2 cents early on Wednesday. Futures closed the Tuesday session with contracts down 5 to 7 cents, as September fell below the $4 mark. Preliminary open interest was down 2,349 contracts on Tuesday. There were 36 deliveries against July corn futures overnight. The front month CmdtyView national average Cash Corn price was down a nickel at $3.84. The Central Corn Belt is expected to receive 1 to 3 inches of rain this week, with the western half of the Plains and parts of the ECB seeing lighter totals. Coffee Prices Jump on Dry Conditions in Brazil Short Covering Lifts Coffee Prices on Dry Conditions in Brazil Cocoa Prices Retreat on Dollar Strength Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! Crop Progress data showed 18% of the US corn crop was silking by July 6, 3 points ahead of normal, with 3% in the dough stage. Condition ratings were up 1% to 74% good/excellent, with the Brugler500 index improving 3 points to 385. Much of the improvement came in the West, with IA up 2 points, KS 15 points higher, and MO up 1. IL was down 9 points, with OH slipping 4 and NE down 2 points. UGA, a Ukraine grain trader union, estimates the country's 2025 corn crop at 29.25 MT, with exports up to 24 MMT for 2025/26. Jul 25 Corn closed at $4.11, down 7 cents, currently up 1 cent Nearby Cash was $3.84, down 5 cents, Sep 25 Corn closed at $3.98, down 5 1/2 cents, currently down 1/2 cent Dec 25 Corn closed at $4.14 1/4, down 6 1/2 cents, currently down 1 3/4 cents New Crop Cash was $3.73 3/8, down 5 1/4 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
