The Big River Resources ethanol plant at West Burlington, Iowa, about 120 km southwest of Davenport. (Steven Vaughn photo courtesy ARS/USDA)

Cruz’s Iowa victory could show Big Corn’s waning influence

New York | Reuters — U.S. Republican presidential candidate Ted Cruz’s victory on Monday in corn-rich Iowa could represent a major blow to the country’s controversial biofuels program, reflecting its waning influence over politicians even in the U.S. farm heartland. Cruz, a conservative senator from Texas and outspoken opponent of the Renewable Fuel Standard (RFS), […] Read more

(Lisa Guenther photo)

CBOT weekly outlook: Corn stays within range

CNS Canada –– Chicago Board of Trade corn futures stayed mostly range-bound for the week ended Wednesday; the corn market ebbed and flowed with crude oil and ideas of demand. However, it also felt technical pressure, according to Sean Lusk, a co-director at the commercial hedging services division of Walsh Trading in Chicago. “Corn keeps […] Read more


Russia said considering export duties for corn, barley

Moscow | Reuters –– Russia’s agriculture ministry is considering introducing an export duty for corn and barley, Russian news agency Interfax reported Wednesday, citing First Deputy Minister Evgenii Gromyko. “We will discuss this question,” he said. Gromyko added that the question was planned to be discussed at a meeting with Deputy Prime Minister Arkady Dvorkovich, […] Read more

(Cia.gov)

China to let market decide its corn prices

Beijing | Reuters — China will let the market decide its domestic state corn prices to help cap the country’s rising imports and record-high level of state reserves, a senior official was cited by state media as saying on Monday. “The direction of corn reform is… to let the market decide prices, and (state support) […] Read more



(Lisa Guenther photo)

CBOT weekly outlook: Soybeans see higher-value trading range

CNS Canada — Corn and soybean contracts at the Chicago Board of Trade are both rangebound, but beans are above the major moving averages, according to one analyst, as traders watch outside markets and weather for indications on where to move next. “I’m friendly, but I’m not looking for any explosions,” said Scott Capinegro, senior […] Read more