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US corn hits 4-year low on crop outlook

Global output of raw corn futures for December delivery fell 1.7 percent to close at $3.72 a bushel on the Chicago Board of Trade. Earlier, the price touched $3.705, the lowest for a most-active contract since July 14, 2010. The

Ethanol at six-week low on EIA report

Last week, Ethanol declined to a six-week low after a government report showed production of the biofuel rose to a record. Ethanol futures for August tumbled 3.7% to $1.991 a gallon in Chicago. Corn futures for July, meanwhile, stood 1.0%

GMO corn in trouble

China turned away at least 1.45 million metric tons of corn since late November, “substantially greater” than the 908,800 reported by the Chinese government, the National Grain & Feed Association, based in Washington, said in a statement last week. The

Drought still impacts corn growers

The drought that impacted the United States and the countries around the Black Sea seems to be a thing of the past. The picture is quite different for South America where hot and dry conditions in parts ot the continent make