C=F - Corn Futures,Dec-2018,Composite

CBOT - CBOT Delayed Price. Currency in USX
373.00
-1.25 (-0.33%)
As of 3:41AM EDT. Market open.
Stock chart is not supported by your current browser
Pre. SettlementN/A
Settlement Date2018-12-14
Open373.00
Bid372.75
Last Price374.25
Day's Range372.25 - 373.00
Volume6,965
Ask373.00
  • Reuters14 hours ago

    EPA plans to issue higher-ethanol gasoline proposal by February -filing

    The Environmental Protection Agency aims to release its draft rule allowing year-round sales of higher ethanol gasoline blends by February, and end deliberations on the proposal by May, according to a filing with the Office of Management and Budget. President Donald Trump last week announced his intention to lift the summertime ban on sales of so-called E15 gasoline, which was imposed by the EPA to reduce smog. The announcement marked a win for farmers eager to expand the market for corn-based ethanol, and was seen as a political victory for Trump ahead of congressional elections in November.

  • Reuters2 days ago

    Expanding ethanol sales would have limited U.S. market impact -analysts

    The Trump administration's plan to allow year-round sales of higher-grade corn ethanol would have limited impact on the depressed U.S. ethanol market, with record supplies and prices for the fuel hovering near the lowest in a decade, analysts said. President Donald Trump announced the decision last week ahead of a campaign trip to Iowa, the top producer of corn and ethanol. With mid-term elections looming, Trump aimed to give a boost to corn producers in the Farm Belt, who helped secure his narrow 2016 election victory.

  • Reuters3 days ago

    BRIEF-China Starch Says Units To Procure Additional Seamless Steel Pipes And Welded Pipes From Tongda

    Oct 15 (Reuters) - China Starch Holdings Ltd: * GOLDEN CORN AND GOLDEN CORN BIOTECH ENTERED MATERIALS PROCUREMENT CONTRACTS WORTH RMB27.9 MILLION WITH SHANDONG SHOUGUANG TONGDA ALLOYS * GOLDEN CORN AND ...

  • MarketWatch7 days ago

    Corn prices climb, poised for highest finish in over 7 weeks after USDA report

    Corn prices climbed Thursday, set to mark their highest settlement since late August after the U.S. Department of Agriculture forecast a significant drop in global supplies of corn. The USDA confirmed that "global corn supplies will fall almost 20% from last year, said Sal Gilbertie, president and chief investment officer at Teucrium Trading. Global corn was expected to decline by 19.6% to ending stocks of 159.35 metric tons for the 2018/2019 crop year. "Coupled with President Donald Trump's proposal of only two days ago to raise the ethanol blend in U.S. gasoline" from 10% to 15%, that market sees caution flags "about the size of corn supply surpluses in the future," he said. December corn rose 6 3/4 cents, or 1.9%, to $3.69 1/2 a bushel in Chicago.

  • Reuters8 days ago

    Trump raises ethanol use in gasoline, appeases farmers ahead of elections

    U.S. President Donald Trump launched an effort on Tuesday to increase ethanol use in the nation's gasoline pool, delivering a long-sought political victory to the nation's Farm Belt and angering oil refiners ahead of November's Congressional elections. Trump announced the lifting of a ban on summer sales of gasoline blended with 15 percent ethanol, known as E15, at a closed-door meeting at the White House, Republican senators told reporters after the meeting. The announcement caps a months-long effort by the White House to thread the needle between rival corn and oil industry interests, by boosting ethanol demand while also cutting costs for refiners.

  • Fox Business8 days ago

    Trump to lift ethanol restrictions, could lower gas prices

    The decision comes as farmers have been voicing concerns over a growing trade war between the White House and China.

  • Reuters21 days ago

    White House mulls limits on biofuel trading as part of E15 deal: sources

    The White House is considering imposing restrictions on trading of biofuel credits, hoping to discourage speculation and reduce costs for oil refiners to comply with U.S. biofuels policy, according to three sources familiar with the discussions. The move would be part of a widely anticipated deal to help U.S. corn farmers and biofuels producers by lifting a ban on summer sales of higher ethanol blends of gasoline. U.S. President Donald Trump has repeatedly said he supports lifting that ban on so-called E15 gasoline to help expand the market for corn.

  • White House mulls limits on biofuel trading as part of E15 deal: sources
    Reuters21 days ago

    White House mulls limits on biofuel trading as part of E15 deal: sources

    The White House is considering imposing restrictions on trading of biofuel credits, hoping to discourage speculation and reduce costs for oil refiners to comply with U.S. biofuels policy, according to three sources familiar with the discussions. The move would be part of a widely anticipated deal to help U.S. corn farmers and biofuels producers by lifting a ban on summer sales of higher ethanol blends of gasoline. U.S. President Donald Trump has repeatedly said he supports lifting that ban on so-called E15 gasoline to help expand the market for corn.

  • Reuters29 days ago

    Brazil's BRF sees rising competition for corn from ethanol makers

    Brazil's largest poultry processor BRF SA has seen rising competition for corn supplies in the country's center-west region coming from plants producing corn-based ethanol, Chief Executive Pedro Parente said on Wednesday. Corn-based ethanol is a relatively new trend in Brazil, but has been developing quickly in center-west states such as Mato Grosso due to the ample supplies of the cereal.

  • MarketWatchlast month

    Corn prices down nearly 4% as USDA forecasts second-largest crop on record

    Corn prices dropped Friday, set to mark their largest one-day percentage decline in over a year, after the U.S. Department of Agriculture said U.S. corn production for the 2018/2019 crop year may climb to the second highest level on record. It forecast corn production at 14.827 billion bushels, up 241 million from last month's forecast. Record high yield estimates of over 181 bushels per acre for corn harvested in the United States raised the production and ending stock levels versus last month's estimates," said Sal Gilbertie, president and chief investment officer at Teucrium Trading LLC. "The fact remains that both global and U.S. corn usage is rising versus last year, while ending stock levels are falling." December corn lost 14 1/2 cents, or nearly 4%, to $3.52 1/4 a bushel in Chicago. Prices for a front-month contract haven't seen a single-session percentage drop that big since August of 2017, according to FactSet data.

  • Reuterslast month

    Grains: Wheat ticks lower on weak export demand; soybeans firm

    Soybeans gained ground, recouping some of last session's decline which resulted from the ongoing U.S.-China trade war. The most-active wheat contract on the Chicago Board Of Trade had fallen 0.2 percent to $5.20-3/4 a bushel by 1131 GMT, having lost 4.4 percent in the last two sessions. Soybeans added 0.1 percent to $8.39 a bushel, after closing down 0.7 percent on Wednesday, and corn was down 0.1 percent at $3.65 a bushel, having closed down 0.8 percent in the previous session.

  • Reuters2 months ago

    EU wheat sees gains erased by bearish USDA report

    European wheat saw gains wiped out in late trade, dragged down by broad-based losses in Chicago grain and oilseed markets following the release of a bearish monthly crop report by the U.S. Department of Agriculture. Benchmark December milling wheat (BL2Z8) on Paris-based Euronext settled 0.25 euros lower at 212.75 euros a tonne, well below a session high of 216 euros. The USDA on Friday raised its outlook for domestic corn and soybean harvests due to good weather during key phases of development.

  • CNBC3 months ago

    This start-up turns pollution from factories into fuel that powers cars — and one day planes

    Almost every gallon of gasoline sold in the United States today is 10 percent ethanol, according to the Renewable Fuels Association . Ethanol is typically made from corn, sugar cane or grasses, which take a lot of land to grow, acreage that some argue is needed to grow food.

  • Canada feeds European corn appetite as tariff war shrinks U.S. sales
    Reuters3 months ago

    Canada feeds European corn appetite as tariff war shrinks U.S. sales

    By Rod Nickel and Michael Hirtzer WINNIPEG, Manitoba/CHICAGO (Reuters) - Canadian corn is flowing into Europe at the fastest pace in four years, helped by retaliatory tariffs against the United States by the European Union that has shut American corn out of the bloc, traders said. Corn shipments to western European countries rose 85 percent year over year during the nine months from the start of Canada's corn marketing year on Sept. 1, and are on pace for a total of 1.2 million tonnes in 2017/18, the most since 2013/14, according to Canadian government data. Canada, the fourth-largest wheat shipper, accounted last year for less than 1 percent of the world's corn exports.

  • Global trade war to be a boon for Black Sea grain
    Reuters3 months ago

    Global trade war to be a boon for Black Sea grain

    MOSCOW/BEIJING (Reuters) - Trade conflict between the United States and China could further boost already booming grain and oilseed exports from the Black Sea region, traders and analysts said. New opportunities to sell wheat, corn and soybeans to China and even the European Union are set to open up for the region's main exporters Russia, Ukraine and Kazakhstan, whose recent ascendancy has already ended full U.S. dominance in markets such as Nigeria and Mexico.     The United States and China slapped tit-for-tat duties on $34 billion of each other's imports on Friday, with Beijing accusing Washington of triggering the "largest-scale trade war".

  • Reuters3 months ago

    Global trade war to be a boon for Black Sea grain

    MOSCOW/BEIJING (Reuters) - Trade conflict between the United States and China could further boost already booming grain and oilseed exports from the Black Sea region, traders and analysts said. New opportunities to sell wheat, corn and soybeans to China and even the European Union are set to open up for the region's main exporters Russia, Ukraine and Kazakhstan, whose recent ascendancy has already ended full U.S. dominance in markets such as Nigeria and Mexico.     The United States and China slapped tit-for-tat duties on $34 billion of each other's imports on Friday, with Beijing accusing Washington of triggering the "largest-scale trade war".

  • Reuters3 months ago

    China's ethanol push in doubt as U.S. trade dispute widens

    BEIJING/CHICAGO (Reuters) - China's ambitious push to use biofuel in cars nationwide by 2020 is in doubt amid concerns about supplies of raw material such as corn, complicated by an escalating trade dispute with Washington, producers and analysts say. State-controlled producers, like China's State Development & Investment Corporation (SDIC), agribusiness COFCO and Jilin Fuel, rushed to draw up plans to invest billions of yuan to double output in the world's largest car market. Three big expansion plans by major producers are stalled because the companies haven't got approval from the government, three sources with direct knowledge of the situation say.

  • Reuters3 months ago

    China's ethanol push in doubt as U.S. trade dispute widens

    BEIJING/CHICAGO (Reuters) - China's ambitious push to use biofuel in cars nationwide by 2020 is in doubt amid concerns about supplies of raw material such as corn, complicated by an escalating trade dispute with Washington, producers and analysts say. State-controlled producers, like China's State Development & Investment Corporation (SDIC), agribusiness COFCO and Jilin Fuel, rushed to draw up plans to invest billions of yuan to double output in the world's largest car market. Three big expansion plans by major producers are stalled because the companies haven't got approval from the government, three sources with direct knowledge of the situation say.

  • China's ethanol push in doubt as U.S. trade dispute widens
    Reuters3 months ago

    China's ethanol push in doubt as U.S. trade dispute widens

    BEIJING/CHICAGO (Reuters) - China's ambitious push to use biofuel in cars nationwide by 2020 is in doubt amid concerns about supplies of raw material such as corn, complicated by an escalating trade dispute with Washington, producers and analysts say. State-controlled producers, like China's State Development & Investment Corporation (SDIC), agribusiness COFCO and Jilin Fuel, rushed to draw up plans to invest billions of yuan to double output in the world's largest car market. Three big expansion plans by major producers are stalled because the companies haven't got approval from the government, three sources with direct knowledge of the situation say.

  • Reuters3 months ago

    China's ethanol push in doubt as U.S. trade dispute widens

    BEIJING/CHICAGO (Reuters) - China's ambitious push to use biofuel in cars nationwide by 2020 is in doubt amid concerns about supplies of raw material such as corn, complicated by an escalating trade dispute with Washington, producers and analysts say. State-controlled producers, like China's State Development & Investment Corporation (SDIC), agribusiness COFCO and Jilin Fuel, rushed to draw up plans to invest billions of yuan to double output in the world's largest car market. Three big expansion plans by major producers are stalled because the companies haven't got approval from the government, three sources with direct knowledge of the situation say.

  • Reuters4 months ago

    U.S. EPA proposes 2019 biofuels requirements at 19.88 bln gallons -statement

    The U.S. Environmental Protection Agency on Tuesday proposed setting a 19.88-billion-gallon biofuels blending mandate for 2019 under the Renewable Fuel Standard, in line with expectations, according to a statement seen by Reuters. Last week, sources told Reuters the EPA would propose a 19.88-billion-gallon requirement. The EPA proposal would leave the target for conventional biofuel, which is traditionally corn-based ethanol, at 15 billion gallons, the agency said in the emailed statement.

  • Reuters4 months ago

    CME to add options for Black Sea grain futures

    CME Group is to introduce options contracts for its Black Sea wheat and corn futures as it seeks to further develop the derivatives targeting a major export zone. The market operator had launched last December its cash-settled futures based on Platts price benchmarks for Russian wheat and Ukrainian corn. The cash-settled wheat futures have attracted regular volume, in contrast with CME's illiquid Black Sea wheat contract with physical delivery dating back to 2012.

  • Reuters4 months ago

    EPA to propose 19.88 bln gallon biofuels mandate, up 3 pct - sources

    The U.S. Environmental Protection Agency will propose setting a 19.88-billion-gallon biofuels blending mandate in 2019 under the Renewable Fuel Standard (RFS), up about 3 percent from 2018, according to two sources briefed on the matter. The proposal will include 15 billion gallons for conventional biofuels like corn-based ethanol, unchanged from this year, and 4.88 billion gallons for advanced biofuels, up from 4.29 billion from this year, the sources said, asking not to be named. The targets for biodiesel will be 2.43 billion gallons, up from 2.1 billion this year.

  • Reuters4 months ago

    EPA to propose 19.88 bln gallon biofuels mandate, up 3 pct - sources

    The U.S. Environmental Protection Agency will propose setting a 19.88-billion-gallon biofuels blending mandate in 2019 under the Renewable Fuel Standard, up about 3 percent from 2018, according to two sources briefed on the matter. The proposal will include 15 billion gallons for conventional biofuels like corn-based ethanol, unchanged from last year, and 4.88 billion gallons for advanced biofuels, the sources said, asking not to be named. The proposal, which could come as early as Friday, is not expected to include any proposed reallocation of biofuels volumes waived under the EPA's smaller refinery hardship waiver program, the sources said.

  • TheStreet.com4 months ago

    Recent Events Create Opportunities for Value Speculators

    In my opinion, the best values to be found right now are in the short-term interest rate space and the grain and soft commodities, such as corn, soybeans and sugar. Each of these markets have fallen out of favor but appear to be trading at attractive discounts relative to fundamentals. When a particular market or asset has either been forgotten by speculators or, even better, is the target of aggressive emotional selling, we tend to favor a countertrend position.