U.S. Crop Progress: Farmers Make Major Advance in Corn Plantings
CHICAGO--U.S. farmers sowed corn at a feverish pace in the week through Sunday, as last week's warm, dry weather allowed producers throughout the Midwest to actively seed spring grains, the government said Monday.
STORIES OF INTEREST:
U.S. Cash Corn Basis Bids Firm Monday Morning
CHICAGO--U.S. cash corn basis levels are stronger at some Midwest corn processors Monday morning, as food and ethanol processors scramble to secure supplies for near-term needs.
USDA Says 120,000 Tons of Corn Sold to Unknown in 2013-14
WASHINGTON--Private exporters reported to the U.S. Department of Agriculture export sales of 120,000 metric tons of corn for delivery to unknown destinations during the 2013/2014 marketing year, the USDA said Monday.
Russia Plants Spring Grains on 15.7M Ha to May 17, 11.5% Behind Last Year
MOSCOW--Russia's southern regions began planting spring crops for this year's harvest earlier than last year because of the clement weather conditions, but now planting has slowed to lag behind last year's pace as the weather has worsened.
Commodities Market Impact Weather: Rain Causes Planting Delays in the Midwest
OMAHA--Periodic Midwest showers, hot and dry again in the southwestern Plains, mostly favorable conditions in the Delta, more heavy rain for the Northern Plains, variable trends in the Canadian Prairies, more dryness in central Brazil, very light showers in Ukraine and Russia, possible rain in Australia wheat areas, a mostly favorable trend for northeast China, and a mixed weekend pattern in the North China Plain are the main weather items for the commodity trade's attention Monday.
UPDATE: U.S. Wheat Rises On Technical Buying, Crop Threats
CHICAGO--U.S. wheat futures reversed earlier losses to settle higher Monday, boosted by technical buying and threats to U.S. production.
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