Diana Klemme

Midwest Heat Stunted Late-Planted Corn, Soy Crops, Huckabay Says

U.S. corn and soybean harvests may be smaller than government forecasts after the hottest July since 1955 stunted Midwest crop growth already delayed by late planting, said Roy Huckabay at commodity broker Linn Group.

Wheat Speculators Slow Bets on Price Gains in Chicago

Wheat speculators slowed their bets on higher prices after the biggest monthly gain in Chicago Board of Trade futures in 37 years, a sign the rally may be peaking, according to Grain Service Corp.

Wheat Damage Claims May Signal Worse Harvest Than Forecast

Wheat crops in the U.S. Great Plains are showing signs that production may plunge more than the government forecast last week as hot weather and a lack of rain erode plant quality and force farmers to harvest early.

Soybean, Corn Premiums Rise as Exporters Bid for Tight Supply

Cash premiums for soybeans and corn shipped to export terminals near New Orleans this month increased against futures as farmer sales slowed after prices fell the last three weeks.

Corn Premiums Drop as U.S. Harvest Boosts Supply; Soybean Basis Increases

Cash premiums for corn shipped to export terminals next month near New Orleans fell relative to Chicago futures as higher prices encouraged U.S. farmers to boost sales of newly harvested crops. Soybean premiums rose.

Corn Premiums Rise as Floods Disrupt Barges; Soybean Bids Steady

Cash premiums for corn shipped in May to terminals near New Orleans rose relative to Chicago futures as floods curb barge traffic on the lower Mississippi River. The soybean basis was unchanged.

Corn, Soy Premiums Fall as U.S. Supplies Overwhelm Slower Demand

Cash premiums for corn and soybeans shipped this month to terminals near New Orleans declined relative to Chicago futures as demand slowed and inventories at export depots increased.

Corn, Soybean Premiums Widen on Increase in Demand for Exports From U.S.

Cash premiums for corn and soybeans shipped to export terminals near New Orleans widened relative to Chicago futures on higher demand for newly harvested crops in the Midwest.

Soybean, Corn Premiums Climb as Midwest Snow May Curb Shipments

Cash premiums for soybeans and corn shipped this month to terminals near New Orleans rose relative to Chicago futures as a snowstorm in the Midwest threatened to curb shipments.

Hedge Funds Increase Bullish Wheat Bets to Highest Since 2007

Hedge funds increased their bullish bets on wheat to the highest in more than three years amid shrinking global supplies and mounting concern that food inflation will accelerate.

"The crop tour covers a large swath of the Midwest, and they are meticulous about their data collection, so there will be a great deal of attention put on their findings and observations."

- Diana Klemme on Aug 21, 2011

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Illinois

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