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By Jeff Wilson, Bloomberg |
September 28, 2012
Stockpiles of corn in the U.S., the world’s biggest grower and exporter, were 12 percent lower on Sept. 1 than a year earlier and the smallest before a harvest since 2004. Prices jumped the most since July.
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By Jeff Wilson, Bloomberg |
September 27, 2012
Corn futures tumbled to an 11-week low on signs of slowing demand for supplies from the U.S., the world’s biggest exporter. Soybeans also declined.
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By Jeff Wilson, Bloomberg |
August 20, 2012
U.S. corn farmers hurt by the worst drought in a generation probably will harvest smaller crops than the government forecast this month, based an analysis of dry spells in the past 42 years.
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By Jeff Wilson, Bloomberg |
July 19, 2012
Soybean futures rose to a record and corn extended the biggest monthly rally since 1988 as the worst drought in more than 50 years threatens crops in the U.S., the world’s biggest grower.
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By Jeff Wilson, Bloomberg |
July 11, 2012
The U.S. cut its corn-harvest estimate 12 percent and said inventories next year will be smaller than forecast in June as the worst Midwest drought since 1988 erodes prospects for a record crop.
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By Jeff Wilson, Bloomberg |
July 11, 2012
Corn futures surged to the highest price since September after the U.S. Department of Agriculture cut its production and inventory estimates more than analysts predicted amid the worst drought since 1988.
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By Jeff Wilson, Bloomberg |
July 9, 2012
The worst U.S. drought since Ronald Reagan was president is withering the world’s largest corn crop, and the speed of the damage may spur the government to make a record cut in its July estimate for domestic inventories.
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By Jeff Wilson, Bloomberg |
June 27, 2012
U.S. corn supplies are declining at the fastest pace since 1996 as a Midwest heat wave damages the world’s largest harvest for a third consecutive year.
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By Jeff Wilson, Bloomberg |
May 7, 2012
U.S. soybean stockpiles are poised to drop to the lowest levels relative to consumption since at least 1965 after drought has decimated South America crops.
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By Jeff Wilson, Bloomberg |
April 30, 2012
U.S. farmers worked around Midwest rain last week to increase corn planting, boosting expectations that they will sow the most acres since 1937 and produce a bigger harvest than year’s drought-damaged crop.
