Markets

Exports: Corn net sales bounce to 10-week high

According to the USDA’s latest “U.S. Export Sales” repot, corn net sales of 1,837,900 metric tons (MT) for 2013-2014 were up noticeably from last week and from the four-week average. As seen in the chart below, it also is a 10-week high. FULL STORY »

Ag markets traded across the spectrum of gains, losses Wednesday

Corn futures followed the soy and wheat markets lower Wednesday. Corn futures slipped along with soybeans Wednesday morning, which probably reflected talk of rising South American corn and bean production. FULL STORY »

Gasoline price flat while diesel fuel price increased

The U.S. average retail price of regular gasoline decreased less than one cent to remain at $3.30 per gallon as of January 27, 2014, six cents lower than last year at this time. FULL STORY »

Few ag markets managed to post gains Tuesday

Corn futures ended Tuesday in mixed fashion. The corn market edged higher Monday in reaction to good export news. FULL STORY »

Ag markets narrowly mixed Monday night

Corn futures were steady-weak Monday night. The corn market edged higher yesterday, which marked a reaction to good export news. FULL STORY »

Ag markets were decidedly mixed Monday

Corn futures firmed on supportive export news. Little fresh news concerning the corn market emerged over the weekend, so futures moved little Sunday night. FULL STORY »

Weak financial markets may be undercutting commodity prices

Corn futures skidded despite supporting export news. Little fresh news concerning the corn market emerged over the weekend, so futures moved little Sunday night. FULL STORY »

Soybeans posted a surprising comeback Friday

Strong exports helped corn futures overcome bearish influences Friday. The grain and soy markets moved mostly lower Friday morning in apparent response to the diving value of the Argentine peso and another big drop in the U.S. equity indices. FULL STORY »

Export sales: Corn tumbles 16 percent

According to the USDA’s latest “U.S. Export Sales” report, corn net sales of 693,000 metric tons (MT) for 2013-2014 were down 16 percent from the previous week, but up 6 percent from the four-week average. FULL STORY »

Crude oil imports continue to decline

For the second time since January 2000, weekly imports of crude oil into the United States fell below 7.0 million barrels per day (bbl/d) during the week ending January 10, before rebounding slightly the following week. FULL STORY »

Cold storage: Butter inventories shrink 

Dec. 31 butter stocks totaled 111.45 million lbs., down 8% from Nov. 30, and 27% less than December 2012, according to USDA’s Cold Storage report. FULL STORY »

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