Corn Commodity Markets, Prices & Futures
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Latest News From Corn Markets
The crisis in Ukraine continues as farmers prepare to plant. And now there are reports planted acres in the country could fall by half this spring as Russia is accused of deliberately targeting Ukrainian agriculture.
As Argentine farmers get started harvesting their soybean crop, yields are highly variable and below average, reports the Buenos Aires Grain Exchange.
Responding to higher world prices, farmers in Mato Grosso, Goias, Sao Paulo, Minas Gerais and the Matopiba region of Brazil probably planted more safrinha corn . . .
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Highly variable Argentine soybean yields reported
Farm commodity prices, production costs and consumer food prices are higher than would have been expected a few months ago, according to the 2022 U.S. Baseline Outlook report by FAPRI.
Heavy showers and thunderstorms are forecast to track across northern Argentina and southern Brazil through Friday, according to World Weather Inc.
May soybeans rose 22 1/4 cents to $17.18 3/4, the highest settlement for a nearby contract since September 2012. May soyoil jumped 143 points to 75.97 cents per pound, while May soymeal climbed $8.30 to $485.10.
Cattle on Feed Report expected to show record March 1 inventory
In the latest projections, IHS Markit expects U.S. farmers to plant more beans and less corn, wheat and cotton acres than its January forecast.