Glenn Hollander News
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Cash premiums for U.S. corn and soybeans shipped in July to export terminals near New Orleans narrowed relative to Chicago futures as demand slowed.
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Cash premiums for corn and soybeans shipped in July to export terminals near New Orleans fell relative to Chicago futures on slower export demand and speculation that rain may limit damage from hot weather.
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The U.S. Senate voted to eliminate a tax credit and a tariff that subsidize ethanol production, providing the strongest signal yet that Congress will curtail subsidies for corn-based biofuel.
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The U.S. Senate’s vote to eliminate a tax credit and a tariff that subsidize ethanol production has lawmakers wondering which subsidies may be the next ones targeted.
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Cash premiums for corn and soybeans shipped in June to terminals near New Orleans were unchanged relative to Chicago futures after the government projected tightening grain supplies.
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Cash premiums for corn and soybeans shipped this month to terminals near New Orleans declined relative to Chicago futures after the middle Mississippi River reopened to barge traffic for the first time in three months.
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Cash premiums for soybeans shipped in May to terminals near New Orleans were steady relative to Chicago futures, after prices fell the most in more than two weeks. Bids fell for corn delivered in May.
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Cash premiums for corn shipped in April and May to terminals near New Orleans fell relative to Chicago futures as demand weakened. Soybeans basis rose as farmers withheld crops.
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Cash premiums for soybeans and corn shipped this month to terminals near New Orleans widened relative to Chicago futures on rising demand for U.S. supplies.
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The financial units of Archer Daniels Midland Co., Continental Grain Co. and Cargill Inc., among the biggest names in agriculture, are pushing into the money management business as commodities markets are soaring.
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