Corn hits lowest since late October on bigger than expected US supply outlook Soybeans weak after USDA cut export forecast, raised Brazil harvest view US corn futures slid to a fresh three-month low on Tuesday, extending prior-day declines triggered by the US Department of Agriculture’s outlook for massive supplies following a record-large US harvest. Soybeans…
Corn futures fell by the most since June 2023 after the US Department of Agriculture raised its outlook for American supplies when analysts were expecting a cut. The agency in its monthly supply and demand report boosted the average corn yield and production to fresh records while quarterly and end-of-season stocks also came in bigger…
CHICAGO, – Chicago Board of Trade wheat futures jumped to their highest level in more than a week on Wednesday as dry weather fueled concerns about crops in the US Plains, analysts said. Soybean futures topped a one-week high following recent sales of US supplies to China, while corn futures also rose. The markets rebounded…
BEIJING, – Chicago soybean futures were set on Wednesday for their first annual gain in three years, supported by China’s return to the US market following a late-October trade truce, although ample global supplies capped the advance. Wheat and corn futures, meanwhile, were on track for a third consecutive year of declines, pressured by abundant…
