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CONAB increases Brazil’s second crop corn guess

Brazil’s equivalent of the USDA has raised its second crop corn production guess. CONAB now has that second crop at 88.116 million tons, up 2.3% from May due to solid early yield numbers in the states that saw better development weather, with 7.5% of... Read More.

Soybeans, corn down ahead of USDA, CONAB numbers

Soybeans were lower on fund and technical selling. There has been better than expected rain in Argentina this week, with more in the forecast over the next couple of weeks. If the rainfall meets or exceeds expectations, that should help limit further declines... Read More.

CONAB reduces Brazil soybean, corn crop estimates

Brazil’s equivalent of the USDA has lowered its soybean and corn production outlooks. CONAB says the month-to-month cuts were because of weather, with planting delays and development issues due to hot, dry conditions in central growing areas and excessive moisture in the south. Numbers... Read More.

Soybeans, corn mostly up ahead of CONAB Brazil numbers

Soybeans were mostly modestly higher, all buying back part of Tuesday’s losses, except for lightly traded January. Most forecasts have rain in some of the drier areas of Brazil into mid-month. Still, some damage was done earlier in the growing season and some... Read More.