Mar 24, 2023 | US Grains Council
Chicago Board of Trade Market News Outlook: May corn futures are 2 ½ cents (0.4 percent) lower this week as the corn market has remained largely range-bound despite somewhat volatile trade. Recent corn export purchases by China surprised the market and led to a firmer...
Mar 17, 2023 | Corn/Maize, Grain, US Grains Council
Chicago Board of Trade Market News Outlook: The May corn futures are 15 ½ cents higher this week amid an uptick in export sales, short-covering, and a technical correction. On Friday, May corn posted a tentative bullish reversal on the charts, which created...
Mar 10, 2023 | Corn/Maize, Grain, US Grains Council
Chicago Board of Trade Market News Outlook: The May corn futures are 28 ¼ cents lower this week as the market sold off in response to a more bearish WASDE. USDA issued an outlook for old crop corn that featured smaller exports and greater ending stocks, despite a...
Mar 3, 2023 | Corn/Maize, Grain, US Grains Council
Chicago Board of Trade Market News Corn market outlook: The May corn contract hit 680.50 cents/bushel on 21 February and has lost nearly 47-cents since then. The market broke lower this past week based on USDA’s bearish 2023/24 outlook and slow 2022/23 exports....
Feb 24, 2023 | Corn/Maize, Grain, US Grains Council
Chicago Board of Trade Market News Outlook: Corn market futures are down 18 ¼ cents (2.7 percent) this week with most of those losses coming on Thursday’s 15-cent plunge lower. The catalyst for the day’s weakness was bearish corn numbers from the USDA in the agency’s...
Feb 17, 2023 | Corn/Maize, Grain, US Grains Council
Chicago Board of Trade Market News Outlook: Corn futures are down 4 ½ cents (0.7 percent) this week as the market falls away from technical resistance near $6.90. Last Friday saw a quick rally in corn and other CBOT markets after Russia launched a missile that...
