News
Grain and soy futures are rising ahead of long holiday weekend. The focal point today is the June jobs report. Meanwhile, a USDA attaché expects Chinese imports of corn to slow notably in 2021-22.
After the Bell | June 30, 2021 USDA acreage surprise sends grain, soybean futures up sharply, feeder cattle pressed by feed cost concerns.
June 1 soybean stocks were bullish, too.
Corn planted acres climbed from March intentions, but by around 1.1 million acres less than analysts expected. USDA’s June 1 stocks estimates came in on the friendly side of expectations for corn, soybeans and wheat.
Ahead of the Open | June 30, 2021 Grain futures seen lower ahead as market awaits USDA acreage, stocks data.
Commodity traders focus on today’s Acreage, Grain Stocks reports from USDA
June Acreage Report, Quarterly Grain Stocks out today. Rains limit frost damage in Brazil’s northern Parana, with another frost/freeze expected tonight. A bipartisan low-carbon biofuels bill will be unveiled today.
After the Bell | June 29, 2021 Grain futures mixed ahead of USDA acreage, quarterly stocks updates.
Analysts surveyed by Reuters did a pretty good job anticipating Statistics Canada’s planted acreage adjustments.
Ahead of the Open | June 29, 2021 Grain, soybean futures expected to start firmer as USDA crop ratings erode.
Disaster for U.S. spring wheat crop | Brazil corn crop hits another snag | Paraguay corn hit