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It’s tough to maintain upward momentum when the crop is still dormant.
(Adds quotes, changes byline and dateline)
By Suzannah Gonzales
CHICAGO, Feb 9 (Reuters) - A winter storm swept across the
northern U.S. Midwest on Friday, dumping up to nine inches (23
cm) of snow on Chicago and snarling hundreds of flights as it
rolled east to threaten New York state and New England.
ISU Extension plant pathologists tested several foliar fungicides on corn to to help farmers determine if foliar fungicides should be incorporated into their production.
Allendale warns there are more upward revisions coming to exports.
The saying that low prices cure low prices does have merit.
BUENOS AIRES, Feb 9 (Reuters) - Some 93 cargo ships were
waiting to load soy and corn from Argentina's main exporting hub
of Rosario on Friday, more than a week into a truck owners
strike, the spokesman for an industry group said.
That was up from just over 60 on Thursday, said Andres
Alcarez, spokesman for export company chamber CIARA-CEC.
U.S. lawmakers are close to resolving a problem with the new federal tax law that gives grain cooperatives an unintended market edge over private companies.
(Updates with closing U.S. prices)
By Julie Ingwersen
CHICAGO, Feb 9 (Reuters) - U.S. wheat and corn futures fell
on Friday, retreating from multi-month highs established a day
earlier as traders took profits and focused on prospects for
better weather in the drought-hit U.S. Plains wheat belt.
Soybeans sagged on much-needed rains in Argentina's crop
belt and worries about U.S. soybean export demand.
Broad declines in commodities added to bearish sentiment.
The 19-market Thomson Reuters CoreCommodity Index
CHICAGO, Feb 9 (Reuters) - Chicago Mercantile Exchange lean
hog futures on Friday were pressured by lower cash and wholesale
pork prices, said traders.
They said February futures lost technical support while
other contracts triggered sell stops after drifting below
February hogs closed down 0.225 cent per pound to
73.175 cents, below the 20-day moving average of 73.204 cents.
Most-active April finished 0.600 cent lower at 68.850
A wide swath of snow in the U.S. Midwest snarled