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

CBOT - CBOT Delayed Price. Currency in USX
373.50
-3.00 (-0.80%)
As of 2:19PM EDT. Market open.
Stock chart is not supported by your current browser
Pre. SettlementN/A
Settlement Date2018-12-14
Open377.25
Bid372.75
Last Price374.25
Day's Range372.75 - 378.25
Volume127,309
Ask372.75
  • Reuters11 days 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.

  • Reuters2 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.

  • Reuters2 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.

  • Reuters2 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.

  • Reuters2 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.com2 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.

  • MarketWatch2 months ago

    Gevo stock rallies another 70% after EPA decision on gasoline additive

    Shares of renewable chemicals and biofuels company Gevo Inc. rallied for a second straight day Tuesday, continuing to benefit after an Environmental Protection Agency decision that increased the volume of a biofuel that the company makes that can be blended with gasoline for on-road use in cars. The EPA raised the amount of isobutanol, a biofuel that can be produced from corn and other feedstocks, for on-road use to a 16 percent blend level from a previous 12.5 percent blend level. The approval came at the request of Delaware-based Butamax Advanced Biofuels LLC, a joint venture between BP Plc (BP.L) and DuPont (DWDP).

  • Reuters2 months ago

    EPA won't force refiners to make up waived biofuels volumes

    The U.S. Environmental Protection Agency said on Friday it cannot make large oil refineries blend additional biofuels into their gasoline to make up for volumes waived under the small refinery hardship waiver program unless Congress authorizes it. EPA has issued a record number of waivers freeing small refineries from the U.S. Renewable Fuel Standard (RFS) in the past year, drawing criticism from the biofuel industry and its legislative backers that the program undermines demand for corn-based ethanol. Lawmakers like Republican Senator Chuck Grassley of Iowa have demanded that other refiners take on bigger obligations to compensate for the volumes exempted under the program, as a way for President Donald Trump's administration to keep its promise to protect the 15-billion-gallon biofuel mandate.

  • Associated Press2 months ago

    Farmers in Trump country protest Pruitt's ethanol policies

    Deep in the heart of Trump country, Environmental Protection Agency chief Scott Pruitt is being met with protests by farmers and ethanol producers concerned that he is undermining the industry with his strong support of oil and gas. The farmers argue that Pruitt's actions have hammered demand for ethanol, hurting both ethanol and corn prices. "Agriculture is not very happy with Mr. Pruitt at this point," said David Fremark, whose family grows about 11,000 acres (17.2 square miles) of corn, sorghum, soybeans and spring wheat near Miller, South Dakota.

  • Reuters2 months ago

    U.S. EPA chief hints he could order more ethanol in fuel

    A week after the White House suspended its bid to reform the nation's biofuels policy to aid oil refiners, the head of the Environmental Protection Agency on Tuesday dangled a tantalizing prospect to Midwest corn farmers, saying the agency has the power to expand sales of higher ethanol gasoline blends. EPA Administrator Scott Pruitt made the comments during a multi-day tour of the Midwest, as he fended off criticism from farmers and heartland lawmakers that his attempts since last year to overhaul the U.S. Renewable Fuel Standard (RFS) marked a betrayal of Republican President Donald Trump's promises to support rural jobs.

  • Corn and Soybeans Break Down as Export Sales Dive
    FX Empire2 months ago

    Corn and Soybeans Break Down as Export Sales Dive

    Grain prices are lower after corn and soybeans broke down on Thursday. At the same time export sales are down which has helped price break lower. Momentum has turned negative as the MACD (moving average convergence divergence) index generated a crossover sell signal.

  • Oilprice.com2 months ago

    Corn States Win In Fight Against Refiners

    The Trump administration has shelved its biofuel plan after a last minute offensive from the corn states that opposed the proposal

  • Reuters2 months ago

    Farmer pressure forces Trump biofuel policy suspension; credit prices jump

    The White House had been poised to announce proposed changes to the U.S. Renewable Fuel Standard (RFS) this week after hosting months of difficult negotiations between representatives of Big Oil and Big Corn, but delayed the announcement indefinitely, two sources familiar with the matter said late on Tuesday. Trump abandoned the efforts on Tuesday after learning that farmers in the important Midwestern constituency were uneasy with part of the proposal, one of the sources said.

  • Reuters2 months ago

    Farmer pressure forces Trump biofuel policy suspension; credit prices jump

    The White House had been poised to announce proposed changes to the U.S. Renewable Fuel Standard (RFS) this week after hosting months of difficult negotiations between representatives of Big Oil and Big Corn, but delayed the announcement indefinitely, two sources familiar with the matter said late on Tuesday. Trump abandoned the efforts on Tuesday after learning that farmers in the important Midwestern constituency were uneasy with part of the proposal, one of the sources said.

  • Reuters2 months ago

    Farmer pressure forces Trump biofuel policy suspension, U.S. prices spike

    Under pressure from U.S. lawmakers in farming states, President Donald Trump has abandoned an overhaul of biofuels policy aimed at reducing costs for the oil industry, sending U.S. renewable fuel credit prices soaring more than 40 percent on Wednesday. The White House had been poised to announce proposed changes to the U.S. Renewable Fuel Standard (RFS) this week after hosting months of difficult negotiations between representatives of Big Oil and Big Corn, but delayed the announcement indefinitely, two sources familiar with the matter said late on Tuesday.

  • Grains Rebounds but Positive Planting Results Weigh on Prices
    FX Empire2 months ago

    Grains Rebounds but Positive Planting Results Weigh on Prices

    Grain prices are higher in early North American trade. This occurs as the MACD line (the 12-day moving average minus the 26-day moving average) crosses below the MACD signal line (the 9-day moving average of the MACD line).

  • Corn Bounces After Breaking Down Through Support Wheat and Soybeans Follow
    FX Empire3 months ago

    Corn Bounces After Breaking Down Through Support Wheat and Soybeans Follow

    Grain prices are higher across the board in early North American trade. Corn rebounded after breaking down through trend line support. Export sales were higher than expected in the latest week but failed to buoy prices.  Hedge fund traders barely changed their positions in corn while adding to short positions in wheat futures and options.  Tariff issues remain as the Trump Administration levied trade Steel and Aluminum tariffs on Europe, Canada and Mexico which could eventually experience retaliation on farm products.Corn Prices

  • Grains Prices Slump as Momentum Turns Negative
    FX Empire3 months ago

    Grains Prices Slump as Momentum Turns Negative

    Grain prices are lower in early North American trade. Prices are testing support as export sales rise. Tariff issues remain as the Trump Administration levied trade Steel and Aluminum tariffs on Europe, Canada and Mexico which could eventually experience retaliation on farm products.Corn Prices

  • Grain Prices are Mixed as Planting Accelerates
    FX Empire3 months ago

    Grain Prices are Mixed as Planting Accelerates

    Grain prices continue to whipsaw and are mixed in early North American trade. Corn and soybeans are higher while wheat prices are lower. Momentum has turned negative as the MACD (moving average convergence divergence) index generated a crossover sell signal.

  • Reuters3 months ago

    China's buyers balk at U.S. corn on trade fears, GMO controls

    China's purchases of U.S. corn have slowed significantly due to worries the grain might be drawn into the trade spat between the world's two largest economies, and as Chinese customs keeps the brakes on clearances for cargoes, four traders told Reuters. Chinese buyers have cancelled multiple cargoes of corn so far this year, the latest product roiled by the China-U.S. trade tensions, traders and industry sources said. Now some traders say they have halted buying from the United States completely despite signs some of the trade tensions may be starting to ease.

  • Reuters3 months ago

    JBS sees higher grain prices, cuts other costs to offset

    Brazil's JBS SA, the world's largest meatpacking company, said on Tuesday that rising prices for grain, the key raw material for feed, don't show any hint of cooling off, forcing it to cut other costs. Chief Operating Officer Gilberto Tomazoni said the recent rise in grain prices has pressured profit margins for some products. An intense drought in Argentina earlier this year and below-average rains currently in Brazil have boosted prices for soybeans and corn, elevating costs mainly for pork and poultry processors who use the grains as the main ingredients for feed.

  • Wheat Tumbles, Corn and Soybeans Follow
    FX Empire3 months ago

    Wheat Tumbles, Corn and Soybeans Follow

    Grain prices are moving lower in early North American trade on Monday. Wheat is taking it on the chin, but soybean and corn are also lower. Corn export activity moved lower in the latest week, but the 4-week average was down. Current export sales are 1% behind last year’s pace.Corn Prices

  • Trump administration's ethanol decision expected to benefit refining companies, corn farmers
    American City Business Journals3 months ago

    Trump administration's ethanol decision expected to benefit refining companies, corn farmers

    The Trump administration's planned changes to the renewable fuel standard are expected to benefit San Antonio-based Valero Energy Corp. and corn farmers.

  • Grains Move Lower Following Latest WASDE Report
    FX Empire3 months ago

    Grains Move Lower Following Latest WASDE Report

    Grain prices are lower in early North American trade on Friday following Thursday USDA World supply and Demand report.  The latest WASDE data showed the 2018/19 outlook for US soybeans to reflect higher supplies, crush, exports, and lower ending stocks compared with the 2017/18 crop.  2018/19 corn use is forecast to decline modestly from a year ago on reductions in domestic use and exports.  However, corn used to produce ethanol is forecast 50 million bushels higher, largely due expectations of gasoline consumption growth. The 2018/19 wheat crop is projected at 1. ...

  • Grain Prices Consolidate Ahead of USDA’s Supply-Demand Report
    FX Empire3 months ago

    Grain Prices Consolidate Ahead of USDA’s Supply-Demand Report

    Grain prices are mixed ahead of Thursday USDA supply-demand report. Corn and soybean prices have pushed higher while wheat prices are slipping.  Traders are positioning for the USDA’s monthly supply-and-demand report which is expected to show a reduction in global grain stocks due to falling production estimates out of South America and the US. Corn prices are higher in early North-American trade on Thursday and continue to consolidate above support near the 10-day moving average which coincides with the breakout level at 3.95.  Resistance is seen near the May highs at 4.00.