Richard Brock | Market News Archive
Richard Brock, The Corn And Soybean Digest's Marketing Editor, is president of Brock Associates, a farm market advisory firm, and publisher of The Brock Report. To see more market perspectives, visit Brock's Web site at www.brockreport.com.
Corn, Soy Stocks Larger Than Expected
By Richard Brock
Tuesday’s quarterly USDA Grain Stocks Report held bearish news for the corn and soybean markets...
Little Planting Progress Last Week
Source: Brock Associates
Because of persistent and often generous rains in the southern Corn Belt and Midsouth, only another 4% of the soybean crop got planted last week. USDA reported Monday afternoon that 91% of the crop had been planted as of this past weekend...
Lower Prices May Spur Fresh Soy Demand
Source: Brock Associates
Soybean traders will be watching to see whether recent futures declines are enough to spur renewed interest in U.S. soybeans from Chinese buyers, who have delayed or cancelled some previous purchases over the past couple of weeks...
CME Expands Electronic Grain Futures Hours
Source: Brock Associates
CME Group announced on Friday that electronic trading hours for CBOT grains, oilseeds and ethanol futures contracts will be expanded in the morning by one hour and 15 minutes, until 7:15 a.m., beginning July 1...
Chinese Buyers Cancel Soybean Cargoes
Source: Brock Associates
Chinese soybean importers have agreed with suppliers to scrap deals for two to three 60,000-metric-ton U.S. cargoes in the past week as prices rally and inventories pile up, two traders told Reuters News Service on Monday...
Soybean Fundamentals Remain Strong
Source: Brock Associates
The combination of tight U.S. soybean stocks, strong Chinese demand and reduced production in South America continues to provide formidable fundamental support for soybean prices...
Eastern Corn Belt Drier This Week
Source: Brock Associates
The soggy eastern half of the Corn Belt will experience a needed shift to warmer, drier weather this week, but it is unclear whether the window of improved conditions will be large enough to allow producers there to catch up substantially on corn planting...
USDA Seen Cutting Soy Carry Again
Source: Brock Associates
Mixed Corn Planting Progress Again
Source: Brock Associates
Corn producers in the western Corn Belt made decent planting progress last week despite wetter weather, but planting remained largely stalled across the eastern half of the production belt due to further heavy rains...
California Adopts Low-Carbon Fuel Standard
Source: Brock Associates
Over the objections of the ethanol industry, California on Thursday adopted a first-ever rule designed to reduce carbon emissions from transportation fuels, and spur the market for cleaner gasoline alternatives....






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