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an hour ago
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Corn Posting Turnaround Tuesday Gains
Corn futures are trading with contracts up 2 to 4 cents at midday on Tuesday. The front month CmdtyView national average Cash Corn price is up 2 cents at $3.89 1/2. Crop Progress data showed the US corn crop at 34% silking (1% above average), with 7% of the crop in the dough stage. Conditions were steady at 74% gd/ex and 385 on the Brugler500 index. Coffee Prices Surge on Dry Conditions in Brazil and Tariff Threats Coffee Prices Sharply Higher on Dry Weather in Brazil and Tariff Threats Grain Market Bears Seized the Moment Last Week. What That Means for Corn, Soybeans, and Wheat. 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. Sep 25 Corn is at $4.02 1/4, up 2 1/4 cents, Nearby Cash is at $3.89 1/2, up 2 cents, Dec 25 Corn is at $4.21, up 3 cents, Mar 26 Corn is at $4.38, up 3 1/4 cents, New Crop Cash is at $3.78 1/1, up 2 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 Sign in to access your portfolio
Yahoo
6 hours ago
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Corn Giving Back Monday Gains Early on Tuesday
Corn prices are down 4 to 5 cents early on Tuesday. Futures posted gains of 4 to 6 cents across most contracts on Monday following the overnight gap lower. July futures expired as there were another 29 deliveries and 493 total for the month. Preliminary open interest was up 17,351 contracts on Monday. The front month CmdtyView national average Cash Corn price was up 4 1/4 cents at $3.86 1/2. Crop Progress data showed the US corn crop at 34% silking (1% above average), with 7% of the crop in the dough stage. Conditions were steady at 74% gd/ex and 385 on the Brugler500 index. Coffee Prices Surge on Dry Conditions in Brazil and Tariff Threats Coffee Prices Sharply Higher on Dry Weather in Brazil and Tariff Threats Grain Market Bears Seized the Moment Last Week. What That Means for Corn, Soybeans, and Wheat. Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! Export Inspections data showed 1.287 MMT (1.287 bbu) of corn shipped in the week that ended on July 10, which was down 17.7% from the week prior, but still up 17.06% from the same week last year. Mexico was the top destination of 332,337 MT, with 293,450 MT headed to Japan and 271,008 MT to Brazil. Marketing year shipments have totaled 57.806 MMT (2.276 bbu) since September 1, 29.54% larger yr/yr. 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. Jul 25 Corn closed at $4.12 3/4, up 9 3/4 cents, Nearby Cash was $3.86 1/2, up 4 1/4 cents, Sep 25 Corn closed at $4.00, up 4 cents, currently down 4 1/2 cents Dec 25 Corn closed at $4.18, up 5 3/4 cents, currently down 4 1/2 cents New Crop Cash was $3.76 5/8, up 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
Yahoo
3 days ago
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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
3 days ago
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Corn Easing Ahead of USDA Report
Corn price action is down 1 to 2 cents across most contracts on Friday morning. Futures were mixed on Thursday with most contracts steady to a couple cents higher and nearby, thin July down 5 ¼ cents. Traders were squaring up ahead of USDA's report on Friday. Preliminary open interest was down 4,834 on Thursday. There were 33 deliveries issued against July futures overnight. The front month CmdtyView national average Cash Corn price was unchanged at $3.85 1/4. USDA reported a private export sale of 110,000 MT of corn to unknown destinations on Thursday morning, all for new crop. US Tariffs on Brazil Boost Arabica Coffee Prices Cocoa Demand Concerns Hammer Prices Arabica Coffee Prices Jump as Tariffs on Brazil May Disrupt Coffee Supplies Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. Export Sales data showed old crop corn bookings at 1.262 MMT for the week ending on July 7/3. That was an 8-week high for sales and more than double the same week last year and the week prior. Mexico was the largest buyer at 469,900 MT, with 436,200 MT sold to Japan. New crop sales for that week at 888,562 MT. That was down from the week prior but still the second largest so far this year. The top buyer was Mexico at 423,900 MT, with Japan in for 304,800 MT. A survey of traders by Bloomberg shows estimated corn stocks for old crop at 1.351 billion bushels ahead of this morning's USDA report, a 14 mbu reduction from June if realized. New crop production is expected to be trimmed by 75 mbu via fewer acres to 15.746 bbu. That would help to tighten the new crop stock estimate to an average of 1.721 bbu (vs. 1.75 bbu in June). That survey shows estimated production out of Brazil at 132.3 MMT. Jul 25 Corn closed at $4.07 1/4, down 5 1/4 cents, currently down ¾ cent Nearby Cash was $3.85 1/4, down 0 cent, Sep 25 Corn closed at $3.99 1/4, unch, currently down 1 1/2 cents Dec 25 Corn closed at $4.16 1/2, up 1 cent, currently down 2 cents New Crop Cash was $3.75 1/8, up 1/2 cent, 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 登入存取你的投資組合
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3 days ago
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Soybeans Down Early on Friday
Soybeans are trading with losses of 4 to 5 cents early on Friday morning. Futures saw Thursday gains of as little as ¼ cent to 7 cents in some new crop months. Preliminary open interest was up 13,588 on Thursday. There were 22 delivery notices for July bean futures overnight. The cmdtyView national average Cash Bean price was up 3 1/2 cents at $9.72. Soymeal futures were up $2.10 to $2.50/ton, as Soy Oil was 23 points higher. There were another 199 deliveries for July meal futures overnight, taking the total for the month to 4,394. Weekly Export Sales data from Thursday morning indicated 503,027 MT of soybean sales in the week of July, the largest total since mid-March and more than triple the same week last year. Unknown destinations was the buyer of 114,400 MT, with 88,600 MT sold to Egypt. New crop business was at 248,400 MT, the second highest total for the marketing year. Soybean meal sales totaled 578,528 MT, as 207,688 MT was for the current MY and 370,840 MT for 2025/26. Bean oil sales total just 3,994 MT. US Tariffs on Brazil Boost Arabica Coffee Prices Cocoa Demand Concerns Hammer Prices Arabica Coffee Prices Jump as Tariffs on Brazil May Disrupt Coffee Supplies 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! Ahead of today's USDA reports, analysts are expecting to see 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. Traders are looking for a slight increase to the Brazilian soybean output, up 0.4 MMT to 169.4 MMT. Jul 25 Soybeans closed at $10.12 1/2, up 1/4 cent, currently unch Nearby Cash was $9.72 1/1, up 3 1/2 cents, Aug 25 Soybeans closed at $10.12 1/2, up 3 1/2 cents, currently down 5 cents Nov 25 Soybeans closed at $10.13 3/4, up 6 1/2 cents, currently down 4 ¼ cents New Crop Cash was $9.64 1/2, up 6 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 Sign in to access your portfolio
