Mark's Feed
Apr 7, 2015

U.S. corn, soybeans sag; wheat bounces after early decline

CHICAGO, April 7 (Reuters) – U.S. corn and soybean futures
eased on Tuesday on pressure from abundant global supplies and
weakening demand for U.S. offerings on the export market,
traders said.

“The world supplies are still large. The crop in South
America continues to grow as harvest continues to progress in
Argentina,” said Don Roose, analyst at U.S. Commodities in West
Des Moines, Iowa. “I think that is a weight on the market.”

Apr 6, 2015

Wheat falls from highest since mid-Feb; corn, soy also weak

CHICAGO, April 6 (Reuters) – U.S. wheat futures fell on
Monday on a round of technical selling after posting their
biggest weekly gain in 3-1/2 months, traders said.

Corn and soybean futures also were weaker, pressured by
robust global supplies and profit taking after posting modest
gains during the overnight trading session.

Apr 1, 2015

Soy extends rally sparked by plantings report; corn, wheat rise

CHICAGO, April 1 (Reuters) – U.S. soybean futures jumped 1.6
percent on Wednesday, their third straight day of gains, as the
U.S. government’s forecast for smaller-than-expected plantings
of the oilseed continued to fuel buying.

Corn and wheat also rose, rebounding from sharp losses on
Tuesday as bargain buyers stepped in despite huge global
supplies. A round of short covering also lent support.

Mar 31, 2015

USDA sees corn acres, stocks above expectations, record soy seedings

WASHINGTON, March 31 (Reuters) – U.S. farmers were seen
cutting their corn plantings by less than expected in 2015 even
as supplies ballooned to the highest since 1987, U.S. government
data showed on Tuesday.

The U.S. Agriculture Department, in its closely watched
prospective plantings report, also predicted that farmers would
devote a record 84.635 million acres of their fields to soybeans
this spring. But the soybean seedings outlook was below market
forecasts.

Mar 31, 2015

USDA sees corn acres, stocks above expectations; record soy seedings forecast

WASHINGTON, March 31 (Reuters) – U.S. farmers were seen
cutting their corn plantings by less than expected in 2015 even
as supplies ballooned to the highest since 1987, U.S. government
data showed on Tuesday.

The U.S. Agriculture Department in its closely watched
prospective plantings report also predicted that farmers would
devote a record 84.635 million acres of their fields to soybeans
this spring. But the soybean seedings outlook fell below market
forecasts.

Mar 18, 2015

Bargain buying props up soybeans; corn, wheat fall

CHICAGO, March 18 (Reuters) – U.S. soybean futures edged
higher on Wednesday on a round of bargain buying and
short-covering after prices fell near five-month lows on
Tuesday, traders said.

Corn and wheat were lower, weighed down by plentiful global
supplies and weakening export demand for U.S. supplies.

Mar 16, 2015

Weather concerns spur buying in U.S wheat; corn, soy fall

CHICAGO, March 16 (Reuters) – U.S. wheat futures rose for
the sixth time in seven sessions on Monday on concerns about dry
conditions in the U.S. Plains hindering growth as the winter
wheat crop emerges from dormancy.

Corn futures sagged 1.3 percent on pressure from
lower-than-expected U.S. export inspections data. Soybeans also
dropped as traders anticipated huge U.S. plantings of the
oilseed in the coming months.

Mar 10, 2015

USDA cuts world, U.S. corn stocks view as exports heat up

WASHINGTON, March 10 (Reuters) – U.S. and world corn
supplies are projected to be smaller than expected by the end of
the marketing year due to rising export demand, the U.S.
Agriculture Department said on Tuesday.

The government also left its outlook for domestic soybean
supplies unchanged and lowered U.S. wheat stocks by just 1
million bushels in its monthly supply and demand report.

Mar 10, 2015

USDA cuts world, corn stocks view due to robust exports

WASHINGTON, March 10 (Reuters) – U.S. and world corn
supplies were projected to be smaller than expected by the end
of the marketing year due to rising export demand, the U.S.
Agriculture Department said on Tuesday.

The government also left its outlook for domestic soybean
supplies unchanged and lowered U.S. wheat stocks by just 1
million bushels in its monthly supply and demand report.

Feb 10, 2015

USDA cuts U.S. supply view for corn, soybeans as demand rises

WASHINGTON, Feb 10 (Reuters) – U.S. soybean supplies were
tighter than expected due to rising demand on both the domestic
and export fronts, according to government data released on
Tuesday.

Domestic corn stocks also were forecast to be smaller than
previously thought as increased usage by ethanol producers and
the food, seed and industrial sector overcame reduced demand
from the feed sector, the U.S. Agriculture Department said in
its monthly supply and demand report.

    • About Mark

      "I cover grain futures out of Chicago, with a focus on the wheat market. Examining the effects of world crop production on prices and the vagaries of export demand for U.S. supplies takes up most of my time. Previously, I was a reporter on the equities desk in New York and I got my start as a news assistant in the Washington Bureau."
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