Markets
Corn seeding rate among growers’ tough decisions
As planting season approaches for the eastern Corn Belt, corn growers will be making a series of important decisions, including how many seeds to plant per acre for the best potential yield.
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Oil rises on weak dollar, Brent-WTI spread widens
Brent crude oil futures rose on Tuesday, posting their biggest gain since late December as a weak dollar and tame Chinese inflation data drew investors to commodities.
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Grain markets mixed ahead of the Wednesday AM WASDE report
Corn futures apparently benefited from traders taking profits on existing short positions ahead of the Wednesday morning USDA WASDE report.
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WeatherBug releases U.S. summer season forecast
WeatherBug is forecasting a summer season similar to 2012 for much of the continental U.S. For summer 2013, WeatherBug indicates a distinct threat for above-normal temperatures from west Texas across the Great Plains into the central and Southern Rockies, and across the Mid-South.
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Forecasting U.S. corn stocks complicated after baffling report
Grain analysts continue to scratch their heads over a huge corn stocks estimate released by the U.S. government in late March, leading them to an unusually wide range of estimates for the next WASDE report.
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Ag markets move little prior to the Wednesday WASDE report
Corn futures apparently benefited from traders taking profits on existing short positions ahead of the Wednesday morning USDA WASDE report.
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Oil rises to $105 on lower China inflation
Brent crude oil rose above $105 per barrel on Tuesday, rallying from an eight-month low after China's inflation slowed, giving it room to keep monetary policy easy and support oil demand in the world's second-biggest consumer.
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Producers still waiting for wheat conditions to improve
The USDA’s latest Crop Progress report, released on Monday, showed that drought is still taking its toll on this year’s winter wheat crop.
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Grain markets posted a strong showing Monday
Talk of U.S. wheat exports to China and frost damage to the domestic winter wheat crop seemed to send the grain and soy complexes higher Monday.
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Crude rises, Brent premium to WTI lowest since June
Oil prices edged higher on Monday, lifted by gains in gasoline futures and strong selling of the spread between Brent crude and U.S. crude. Korean leader Kim Jong Un.
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Forecasters missed 2012 drought ‘surprise’
After models failed to accurately predict the 2012 drought, meteorologists are adjusting forecasting techniques in an effort to learn from what went wrong last summer.
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