(USDA.gov via Flickr)

USDA’s corn, stocks view misses forecasts; prices surge

Washington | Reuters — U.S. corn and soybean supplies ballooned to record levels during the last three months of 2015 following bountiful harvests of both commodities and cutbacks in usage, according to government data released on Tuesday. But grain stocks lagged market forecasts, and corn and soybean production was smaller than previously estimated, the U.S. […] Read more

(Photo courtesy Canada Beef Inc.)

China says must change corn supports to clear stockpile

Beijing | Reuters — China must lower corn prices to reduce its massive corn stockpile and curb imports of corn substitutes including barley, sorghum and distillers’ grain, state media quoted a senior agricultural official as saying. Chen Xiwen, deputy director of the Central Rural Work Leading Group, said China needed to modify its reserve-based crop […] Read more



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U.S. grains: Wheat futures jump as USDA cuts production outlook

Chicago | Reuters — U.S. wheat futures rebounded on Wednesday, after a government report showed that wheat production was less than traders had expected. Meanwhile, corn futures lost ground, after the U.S. Department of Agriculture’s quarterly grain stocks report showed that both corn and soybean supplies were plentiful and U.S. farmers are harvesting what is […] Read more


(Allan Dawson photo)

U.S. grains: Corn sets one-year highs on tighter old-crop U.S. supply

Chicago | Reuters — U.S. corn futures reached one-year highs and soybeans jumped on Friday as the U.S. Agriculture Department made bigger-than-expected cuts to its estimates for stocks of crops left over from last year’s harvests. The reductions, revealed in a monthly USDA report, added to concerns about supplies among traders worried that persistent rains […] Read more

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U.S. old-crop soy, corn stocks miss forecasts

Washington | Reuters — The U.S. Agriculture Department on Friday cut its outlook for the supply of corn and soybeans that will be left over at the end of the 2014-15 marketing year by more than expected, sending futures prices sharply higher. But new-crop corn and soybean stocks came in above expectations due to large […] Read more



(USDA.gov via Flickr)

U.S. corn, soy stocks grow less than expected

Washington | Reuters — U.S. soybeans and corn stocks ballooned from a year ago but still missed market forecasts as strong demand ate into supplies, the U.S. Department of Agriculture said Tuesday. Wheat supplies were bigger than expected. U.S. wheat has struggled on the export market and weak prices for corn have cut demand for […] Read more