News Stories
Below you can find links to articles in the news that discuss market fundamentals that could potentially affect the price of corn. Before you invest in the corn commodities market you should do your own research.
1. Bloomberg “Corn Drops to Four-Year Low on Signs of Ample U.S. Supply” August 1, 2014
Corn futures fell to the lowest since July 2010 on prospects for a bumper crop in the U.S., the world’s largest producer.
2. Bloomberg “Corn Falls Most in Two Weeks on China Concerns” December 26, 2013
Corn futures headed for the biggest drop in almost two weeks on concern that China may reject more U.S. shipments with a genetically modified variety.
3. Bloomberg.com "Argentine Corn Crop Seen by UN Rising 21% on Favorable Weather" January 14, 2013
Argentina’s corn crop may jump 21 percent this year after warm, dry weather since the end of December benefited planting of the grain, the United Nations’ Food & Agriculture Organization said.
4. Bloomberg.com "EPA Rejects Requests to Ease U.S. Corn-Based Ethanol Mandate" November 16, 2012
Federal regulators rejected a request from the governors of eight U.S. states to waive requirements for blending corn-based ethanol into gasoline, a mandate they said was driving up food costs during the worst drought in a half century.
5. Bloomberg.com "Soybeans, Corn Decline on Signs Midwest Rain Boosts Crops" September 20, 2012
Soybean and corn futures fell on speculation that Midwest rain during August limited crop damage caused by severe drought in June and July in the U.S., the world's biggest producer of the commodities. Corn futures for December delivery declined 1.4 percent to $7.46 a bushel. The price has dropped 12 percent from a record $8.49 on Aug. 10.
6. Bloomberg.com “Corn Futures Fall In Chicago After Usda Sees Bigger Stockpiles” June 12, 2012
Corn futures for July delivery, before the harvest, fell 1.1 percent to $5.8525 a bushel at 7:35 a.m. on the Chicago Board of Trade, after the U.S. Department of Agriculture issued its June crop report, indicating that U.S. inventories will jump to a three-year high.
7. Bloomberg.com “Corn Gains on Signs of Chinese Purchases” April 24, 2012
Corn rose for a second straight day on speculation that China, the world’s biggest grower after the U.S., is increasing purchases to build state reserves.
8. Bloomberg.com "Argentine Corn Farmers Prepare for Heatwave as Crops Shrivel" January 17, 2012
'Corn is in much worse shape than soybeans' Zavala said. 'There have been areas that have received a little rain, but it evaporates with these temperatures.' Corn futures are also advancing on speculation China will ease monetary policy after the economy expanded at its slowest pace in 10 quarters, potentially boosting demand for raw materials.
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