Markets

Ag markets diverge just before the long holiday weekend

Corn futures performed well early this week, especially in the wake of the bearish Crop Progress report released Monday afternoon. FULL STORY »

Oil edges up on book squaring, but posts big weekly drop

Brent oil prices crept higher on Friday, as traders exited short positions ahead of a long holiday weekend in the United States, but the weekly percentage drop was still the biggest in more than a month. FULL STORY »

Traders evening up positions ahead of the weekend Friday

Corn futures performed well early this week, especially in the wake of the bearish Crop Progress report released Monday afternoon. FULL STORY »

Senate votes to cut insurance subsidies to rich farmers

The wealthiest 20,000 U.S. farmers should pay more for taxpayer subsidized crop insurance, the Senate voted on Thursday, adopting a measure that blended deficit reduction, populism and farm program reform. FULL STORY »

Oil set for biggest weekly drop since mid-April

Oil was poised to post its biggest weekly loss in more than a month as Brent fell below $102 per barrel on Friday, pressured by ample supply and a sluggish economic recovery that could dent demand for fuel. FULL STORY »

Oil prices pare losses on U.S. equities turnaround

Brent crude oil prices retraced earlier losses after falling to a three-week low on Thursday in a broader commodities selloff, riding the coattails of a late turnaround in U.S. equities to end flat. FULL STORY »

Ag markets diverged prove rather volatile on Thursday

Corn futures seemingly suffered a relapse in the wake of their Wednesday rally Thursday morning, but came back later. FULL STORY »

Dairy slaughter numbers drop a tad

Compared to March, April’s slaughter was down 6,000 head. FULL STORY »

Corn futures relapse in wake of Wednesday's rally

Corn futures seemingly suffered a relapse in the wake of their Wednesday rally early Thursday morning, but came back later. FULL STORY »

Wet U.S. Midwest sections may lead to fewer corn acres

Rainfall over the next week to 10 days in parts of the Midwest will delay late corn seedings and possibly cause a shift from corn to soybean acreage, an agricultural meteorologist said on Thursday. FULL STORY »

Exports: Corn plunges 52 percent

The USDA reported corn net sales of 104,600 MT in its latest “U.S. Export Sales” report on Thursday, which is down 52 percent from last week and 57 percent from the 4-week average. FULL STORY »

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