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.
Open interest in corn futures and options jumped 19% in the two weeks ending January 21, reaching their highest point since June 2021. This surge pushed investors to their most optimistic corn ...
May corn futures closed in on $6 Wednesday, a price move being driven by a number of factors. Brian Doherty with Total Farm Marketing told AgDay’s Clinton Griffiths that the performance by corn ...
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 ...
NAPERVILLE, Illinois, Jan 20 (Reuters) - Speculators have been busy stuffing their bullish Chicago corn bets to the brim, but last week they gave soybeans a nod of confidence for the first time in ...
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 ...
14, the managed money net long in CBOT corn reached 292,228 futures and options contracts, their most bullish stance since May 2022. About two-thirds of that move owed to new gross longs. There are ...
The managed money net short in CBOT corn futures and options rose by less than ... the most bearish since October 2021. In the eight weeks through Jan 23, funds were net sellers of nearly 155,000 ...