Demand for U.S. corn and cattle has remained stout in recent months despite dwindling inventories, leading speculators to assume super-bullish stances in both.
The January U.S. Department of Agriculture’s World Agricultural Supply and Demand Estimates report provided a friendly surprise for corn futures, thanks to a lower-than-expected yield estimate.
Despite many challenges in 2021, U.S. corn and soybean yields topped those of 2020. Last year, total corn production was 15.1 billion bushels, up 7% the 2020 estimate, per USDA’s latest report.
September corn futures closed up 6 cents and the December ... and Michaelsen says much of that is due to traders focused on the 2021 crop potential. “The lack of a threat to the to the 2021 ...
Speculators have taken super-bullish positions in both US corn and cattle due to strong demand, despite dwindling inventories. Money managers have increased their net long position in Chicago Board of ...
2021 and 2008 for corn, and 2022 and 2017 for soybeans. But do funds' bullish bets either pose or signal risks for the near-term price outlook, especially for new-crop futures? Three simple ...
2021 and 2008 for corn, and 2022 and 2017 for soybeans. But do funds' bullish bets either pose or signal risks for the near-term price outlook, especially for new-crop futures? Three simple ...
Open interest in CBOT corn futures and options surged a massive 11% in the week ended Jan. 14. It now exceeds 2.37 million contracts, the most for any week since June 2021 and well above average ...