Corn News Weekend Roundup

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Corn Falls on Improved Weather

Corn prices fell sharply Friday as forecasts for dry weather in the U.S. corn belt eased concerns that farmers will have to delay their spring planting.

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Corn market gains more uncertainty in April

Following the March 31, 2008 Planting Intentions report, the corn market was forecast up 20-30 cents based on fewer corn acres for 2008.

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CBOT Corn Review: Down On Profit-Taking, Weather Concerns

U.S. corn futures fell Friday in continued profit-taking off record highs set this week, as nervous longs exited the market ahead of the weekend on shaky weather forecasts and on widespread commodity selling, brokers and analysts said Friday.

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Profit taking weigh down corn futures

U.S. corn futures dropped on Thursday on profit-taking after the rally on Wednesday to record highs

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S Korea's Nonghyup buys 165,000 tonnes of US corn

South Korea's Nonghyup Feed Inc has bought 165,000 tonnes of US corn, traders said on Friday. The purchase was split into three lots of 55,000 tonnes each.

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Corn Futures Expected To Continue To Grind Higher

In their supply/demand report issued on Wednesday, April 9th, the USDA continued to raise their projections for corn use. Incredibly, feed use was increased by 200 million bushels (from just thirty days ago) and export projections were increased by 50 million.

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Texas A&M report clears corn from food price inflation

The U.S. ethanol industry is facing challenging times. In part because of ethanol industry demand, corn prices have hit all-time highs.

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