Commodity Markets, Prices & Futures

Sales of E15 fuel blends this summer is another concern.

Soybeans continue to see South American hedge pressure and that is dragging down corn says Arlan Suderman of StoneX.

The International Grains Council (IGC) cut its forecast for 2024-25 global corn production by 7 MMT.

Soybeans make near term lows pulling down corn, wheat bounces on crop concerns. Cattle firm ahead of the COF, while outside markets continue to watch geopolitical developments. Arlan Suderman, with StoneX, has more.

Corn and beans fall on slow exports and weather.  Wheat sees short covering with frost concerns in the extended forecast. How are geopolitical concerns impacting markets? Darin Newsom, Barchart, has details.

Argentina’s corn production, already cut sharply due a stunt disease spread by leafhopper insects, was “likely” to be cut further, the Rosario Grain Exchange said.

Grains end mixed Wednesday with the markets lacking bullish news. Kevin Duling, KD Investors, says wheat was the biggest disappointment.

In a move reminiscent of former President Donald Trump’s trade policies, Biden is considering tripling tariffs on Chinese steel and aluminum imports under Section 301 of the Trade Expansion Act.