WAILEA, Hawaii Conditions in the Crop Watch corn and soybean fields remained stable last week, even with a mini heat wave in the latter half. Delayed progress caused producers to become slightly more hesitant on yield potential, but the upcoming week of milder temperatures appears to be exactly what the crops need.
FORT COLLINS, Colo. Speculators were thought to have established their most bullish Chicago corn stance in more than three years earlier this month, but then the weather outlooks quickly and unexpectedly improved for the U.S. crop.
FORT COLLINS, Colo. The excessively wet weather in the United States this spring may have constructed a historically large barrier to corn and soybean plantings, but the actual acres sown could be higher than prevented planting claims might suggest.
FORT COLLINS, Colo. Chicago corn futures have traded at multiyear highs since late May on a record late-planted U.S. crop. Speculators have built a sizable net long position and farmers remain hopeful of even higher prices.
FORT COLLINS, Colo. Hot temperatures will grip the U.S. Corn Belt this week, and up to five of the eight Crop Watch corn fields may be pollinating during this time, but expected showers in the eastern areas could help minimize some of the negative effects of the warmth.
FORT COLLINS, Colo. Speculators' bullish views in Chicago-traded corn futures and options have withstood back-to-back bearish reports from the U.S. government without missing a beat, a sign the market still expects the U.S. crop to fall sufficiently short of expectations.
FORT COLLINS, Colo. Agriculture analysts are certain that the record-slow and extremely rainy U.S. planting season has caused total seeded corn acres to fall significantly from original intentions, though the magnitude of the reduction is still widely debated.
FORT COLLINS, Colo. Speculators’ optimism in Chicago-traded grains and oilseeds built further in the week ended June 18 as the U.S. corn and soybean crops are off to their latest-ever start, creating high uncertainty over production possibilities.
DAVENPORT, Iowa Corn and soybean planting is usually nearing completion in Illinois, Indiana and Ohio by early June. But these major producing states were on a record-slow pace three weeks ago with planting deadlines fast approaching, and many market participants worried that millions of acres could go unplanted as a result.
FORT COLLINS, Colo. The U.S. Crop Watch producers report that corn conditions are largely the same as last week, but many fields are starting to show stress from excessive moisture. Almost all areas could use both a break from the rains and some above average temperatures to get the crops growing.