U.S. Corn, Soy, Wheat Futures Hit Highest Since Mid-June

Chicago Board of Trade corn and soybean futures rose to their highest since mid-June on Thursday, with traders noting continued support from a U.S. government report that showed spring plantings fell below expectations.

Strong Crop Prices: Supply-Driven Spike or a New Super Cycle?

The current strength in grains and oilseeds might have started with weather-related crop issues last year, but unrelenting demand has sustained the drive. Given that stubborn demand, the answer hangs on 2021 crops.

USDA Reports Reveal Zero Margin for Error for Corn, Soybean Production

The price rally that started in the fall of 2020 definitely attracted more corn acres in 2021. That was confirmed in USDA’s June Acreage report.

Market Surprise: Lower-Than-Expected Planted Acres Send Prices Higher

USDA’s June 30 Acreage report is known to offer a few surprises, and the 2021 edition delivered.