Tariff threats from U.S. President Donald Trump as well as weather concerns at home and abroad are creating a roller-coaster ride for U.S. grain futures during the week ended Jan. 22, 2025.
Tag Archives corn prices
CBOT Weekly: Headlines dictate U.S. futures
Tariff threats, weather cause up-and-down trade
CBOT Weekly: S/D report underpinning U.S. corn, soybeans
More winter wheat acres pressures prices
Corn and soybean futures on the Chicago Board of Trade continued to be supported by the latest supply and demand report issued by the United States Department of Agriculture, said analyst Bryan Strommen of Progressive Ag in Fargo, ND. Meanwhile, wheat has been contending with pressure from an increase in acres.
Feed Grains Weekly: Demand lull to keep prices lower for now
Increases unlikely until late February
As January began, feed grain prices on the Canadian Prairies remained lower and are likely to stay that way until spring, commented broker Evan Peterson of JGL Commodities in Saskatoon.
Canadian Prairies, U.S. Midwest to get colder in January as South America becomes hotter, drier
Some warmer temps for Prairies during week of Jan. 6
Meteorologist Drew Lerner said he expects colder than normal temperatures across the Canadian Prairies and much of the United States Midwest in January, while a good portion of South America is to be hotter than normal.
U.S. farmers face harsh economics with record corn supplies in silos
Growers miscalculated when they held on to corn rather than booking sales, experts say
Farmers across the United States are kicking themselves for putting off corn sales after fields dried up in May and June, fueling expectations for higher prices and smaller harvests. Instead, prices tanked as rains saved the crop. The size and speed of the price collapse stung farmers and left their storage bins stuffed with record amounts of corn.
Argentine farmers end sales strike as corn export cap pulled
Buenos Aires | Reuters — Argentine farmers called off a three-day-old sales strike on Wednesday, hours before it had been scheduled to end, after the government agreed to free corn export from a recently decreed limit of 30,000 tonnes a day. The export cap that had been imposed at the start of the week was […] Read more
Feed weekly outlook: Grain prices softer ahead of harvest
MarketsFarm — Feed grain prices have softened ahead of harvesting season, due in part to improving growing conditions and a stronger Canadian dollar. Drought conditions earlier in the summer had threatened Prairie crop yields and buoyed feed grain prices, but the weather premium has subsided thanks to recent rains. “Rain showed us we’ll have a […] Read more
U.S. livestock: Lean hogs up on trade hopes, falling corn prices
Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures rose on Monday on a mix of technical buying, falling corn prices and muted optimism about the weekend resumption of U.S.-China trade negotiations, traders said. “Lean hog futures (received) support from hopes of more Chinese buying after weekend talks went well,” INTL FCStone chief […] Read more
Feed weekly outlook: Cheap corn, Prairie harvest quality weigh on prices
CNS Canada — Cheap corn imports and adverse Prairie harvest conditions should mean no shortage of feed grain in Alberta’s feedlot alley this winter — which should also keep prices under pressure going forward. “Anytime you get a ripe crop and you get snow and rain falling on it, it normally doesn’t make better quality,” […] Read more
Feed weekly outlook: Lethbridge feedlots buying U.S. corn
CNS Canada — As barley prices climb, feedlots around Lethbridge have found a cheaper feed option: corn from the U.S. “Price has (pushed feedlots to buy corn). Barley, it’s probably $4, $5 a tonne higher than corn price right now. And the cattle feeder can source corn quite easily and more economically than barley,” said […] Read more
Canadian Cattlemen Presents: Depth of Field
