Corn prices, news and forecasts
The fundamentals of corn production and demand
To stay on top of it all and offset the financial risks that come with such high volatility, market players must keep up to date with the changing corn prices and drivers. Fastmarkets’ global and local insights-driven news and prices help you manage risk and make the right business decisions when trading in this constantly evolving commodity market.
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Argentina’s soybean sowing area estimate for the 2024-25 crop was raised by 0.6%, to 17.9 million hectares, while the wheat output was projected at 17.6 million tonnes, the country’s Secretariat of Agriculture, Livestock and Fisheries (SagyP) monthly report showed on Thursday November 21.
Fastmarkets has corrected select forward price months for AG-CRN-0051 Corn CIF Vietnam c$/bu, which were published incorrectly on Thursday November 14.
The USDA’s latest report shows that the US corn and soybean harvests have exceeded market expectations
Speculators in the US corn market cut short positions, helping send the net short to the highest level since August 2023, while adding shorts in soybean and wheat contracts in the week to Tuesday October 29, data from the Commodity Futures Trading Commission (CFTC) showed late on Friday November 1.
Canada’s grain and oilseed exports fell 38%, with significant declines in wheat and canola, despite strong soybean exports, according to the Canadian Grain Commission
The USDA’s latest crop progress report indicates strong advancement in the harvest of major crops, with corn and soybeans making significant strides.
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