Soybean and corn futures witnessed a sharp decline on the Chicago Stock Exchange, hitting 3-year lows as funds engaged in significant sell-offs. The strengthening dollar, reaching a 3-month high, is […]
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Tag: corn
Grain Market Sees Selloff Ahead of Usda’s AG Outlook Forum, Analysts Anticipate Higher Ending Stocks
The grains market experienced a significant selloff attributed to positioning ahead of the USDA’s Agricultural Outlook Forum slated to commence on Thursday. Analysts predict the agency will report higher ending […]
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Egypt’s Gasc Bought 120,000 Tonnes of Ukrainian Corn at a High Price of €171 per Tonne Fob.
Egypt’s GASC made a rare international tender yesterday for the purchase of corn, during which two shipments of Ukrainian corn were bought at a relatively high price of €171 per […]
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Wheat and Grain Markets Showing Signs of Wanting to Move Higher
On February 13, the wheat market started with a decline due to the weight of Russian wheat. The upcoming Russian harvest appears promising, but uncertainties loom regarding the price at […]
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Cereal and Oilseed Balance Update for 2023/24: Insights From the European Commission’s January 2024 Report
The cereal and oilseed balance for the 2023/24 campaign, updated by the European Commission to January 2024, was compiled by Tofio Catön, Director of Herbaceous Crops at the Spanish Agri-Food […]
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Anticipated Decline in Corn Prices in March-April
Corn prices are expected to undergo a gradual decline in the coming months, with demand prices potentially dropping to $135-140/t or €125-130. Market dynamics indicate a downward trend across the […]
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U.S Agricultural Exports Hit 3-Year Low in 2023
In 2023, the United States experienced a significant downturn in agricultural exports, reaching a three-year low. According to data from the US Bureau of Statistics, exports of agricultural products amounted […]
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How Much Further Will Grain Prices Fall?
Last Thursday, the US Department of Agriculture released its monthly harvest forecast report (WASDE report). On Friday, wheat made a strong start, especially MATIF,which fought the downward trend in the […]
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Corn Prices in Ukraine Remain Under Pressure From Falling Trend All Over the World
Last week, corn prices in Ukraine fell amid declining export demand and global quotations. Purchasing prices in the Black Sea ports fell by another 4-5 $/t(€3,71-4,64) to 144-150 $/t(€133-139) on […]
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Corn Market Perspectives: February Outlook and Planting Considerations
Chicago Board of Trade Market News Outlook of corn market: Chicago-traded corn and soybeans have begun February with a similar energy as last month, with downtrends intact and making new […]
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