Block cheese remains at $2.155

On Thursday, futures prices came out of the gate strongly with prices moving sharply higher on large volume prior to the spot session. September climbed all the way to 20.90 at one point — up 35 cents. FULL STORY »

CBOT corn outlook: Lower on debt jitters, Midwest rainfall

U.S. corn futures are expected to open lower Friday amid ongoing jitters about the U.S. debt crisis and rains that should help the crop in some areas. FULL STORY »

CBOT corn outlook: Seen lower on lackluster export sales

U.S. corn futures are expected to fall early Thursday as weaker-than-expected export sales weigh on prices. FULL STORY »

CBOT corn outlook: Seen starting lower on wetter forecasts

U.S. corn futures are expected to start lower Wednesday as weather forecasts indicate rains will give crops a boost. FULL STORY »

CBOT corn outlook: Seen higher on declining crop ratings

U.S. corn futures are expected to start higher Tuesday on concerns declining condition ratings for the crop will translate into a smaller-than-expected harvest. FULL STORY »

U.S. grain and soy review: Prices climb on output concerns

U.S. grain and soybean futures jumped Tuesday on worries declining crop ratings will lead to smaller-than-expected harvests. FULL STORY »

CBOT corn outlook: Seen down 5c-7c on beneficial weekend rains

U.S. corn futures are expected to start lower Monday as weekend rains and forecasts for milder temperatures ease concerns about heat stressing crops. FULL STORY »

Markets still focused on the hot weather

Heat remains the topic of choice and it’s not going away as DMN cited large drop-off in milk production and a recovery that might not materialize until fall. But weather markets often fade as quickly as they emerge. Still, sellers have stepped this week back on concerns over product availability later this year. In order for prices to cool, the weather might have to do so first. FULL STORY »

CBOT corn outlook: Down slightly, awaiting direction on weather

U.S. corn futures are poised to open slightly lower Friday as the market struggles for direction amid uncertainty about weather in the Midwest. FULL STORY »

Bulls lose steam amid modest news Tuesday

Class III futures traded mostly lower early as the heavy volume trade continued. The spot market once again saw an uptick as buyers were aggressive but sellers brought more product to the exchange. When we settled, the block was up 2 cents at 2.1400 with 5 trades and barrels were up ½ a cent at 2.1150 with no trades. The spot sales that hit bids seemed to have deterred futures from rallying hard and instead helped inspire more of a consolidation trade at these lofty levels. Heat in the Midwest also underpinned futures. FULL STORY »

CBOT corn outlook: Seen up as heat fuels crop concerns

U.S. corn futures are expected to start stronger Wednesday as meteorologists warn above-normal temperatures will keep crops under stress next week. FULL STORY »

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