Bunge cuts Brazil cane hopes, citing poor weather

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Bunge’s march into Brazilian sugar has been hit by the weather setbacks which slashed expectations for the country’s production, with the group cutting its own cane harvest forecast by 1m tonnes. The group said the downgrade, to 15.5m tonnes, in its harvest estimate reflected "the impact of adverse weather on the development of the sugarcane",…


Hot, Dry Season Putting Damper on Corn Yield Potential

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Late-planted Ohio corn may show signs of heat stress and reduced yield potential as extremely hot, dry days plague the state, said Ohio State Extension corn scientist Peter Thomison When corn is planted in wet soils, root systems often don’t develop as well as they would have in drier conditions. And in years with a…


Prices drop on improved weather

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CHICAGO (Dow Jones)–U.S. grain and soybean futures slid Monday as heavier-than-expected rains benefited crops that had been stressed by heat and dryness. Corn for December delivery, the most actively traded contract, fell 11 cents, or 1.6%, to $6.74 1/2 a bushel. Soft red winter wheat for September delivery lost 3 3/4 cents, or 0.5%, to…


U.S. grain and soy review: Renewed weather concerns boost corn

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U.S. grain futures surged Friday on renewed concerns about intense heat threatening the corn crop. Corn for December delivery, the most actively traded contract, ended up 12 1/2 cents, or 1.9%, at $6.85 1/2 a bushel at the Chicago Board of Trade. Soft red winter wheat for September delivery climbed 15 cents, or 2.2%, to…


Weather isn’t the only decider for corn prices

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Has corn’s rally run out of steam? The grain’s upswing on forecasts for hot weather, an uptick which brought Chicago’s best-traded December contract 7.5% gains last week, has certainly slowed. On Wednesday, the lot fell for the second time in three sessions. It could be that the contract has peaked for now, and could even…


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