Corn futures climb on USDA report showing lower than expected stocks

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U.S. corn futures surged Monday after the U.S. Department of Agriculture reported Q3 grain stocks were lower than analyst expectations. In its latest quarterly grain stocks report, the USDA said corn ...

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In its latest quarterly grain stocks report, the USDA said corn ...</p>\n\n<a href=\"https://seekingalpha.com/news/4154798-corn-futures-climb-on-usda-report-showing-lower-than-expected-stocks\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Corn futures climb on USDA report showing lower than expected stocks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCorn futures climb on USDA report showing lower than expected stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-01 05:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4154798-corn-futures-climb-on-usda-report-showing-lower-than-expected-stocks><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>U.S. corn futures surged Monday after the U.S. Department of Agriculture reported Q3 grain stocks were lower than analyst expectations. In its latest quarterly grain stocks report, the USDA said corn ...</p>\n\n<a href=\"https://seekingalpha.com/news/4154798-corn-futures-climb-on-usda-report-showing-lower-than-expected-stocks\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CORN","symbol_name":"Teucrium Corn Fund","start_time":0,"source_url":"https://seekingalpha.com/news/4154798-corn-futures-climb-on-usda-report-showing-lower-than-expected-stocks","article_id":"2472368186","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1217832535/image_1217832535.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2472368186","pubTimestamp":1727733314,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"U.S. corn futures surged Monday after the U.S. Department of Agriculture reported Q3 grain stocks were lower than analyst expectations. In its latest quarterly grain stocks report, the USDA said corn stocks through September 1 totaled 1.76B bushels, up 29% from the same period last year but also nearly 100M bushels lower than forecasts by analysts surveyed by The Wall Street Journal. Soybean stocks also were lower than estimated by analysts, with the USDA reporting a total 342M bushels, compared to 354M bushels forecast in the WSJ survey, while wheat stocks reported at 1.99M bushels came in slightly above expectations. CBOT corn  for December delivery closed +1.4% on the Chicago Board of Trade, while December wheat  finished +0.6% to $5.83 1/2 per bushel but front-month November soybeans  settled -0.8% to $10.56 3/4 per bushel. ETFs: , , , ,  The immediate surge in corn futures following the USDA report's release likely will prove short-lived, Marex's Charlie Sernatinger said. Soybeans","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"CORN":"Teucrium Corn Fund","WEAT":"Teucrium Wheat Fund","SOYB":"Teucrium Soybean Fund"},"translate_title":"美国农业部报告显示库存低于预期，玉米期货攀升","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CORN":0.9,"SOYB":0.9,"WEAT":0.9},"content_text":"U.S. corn futures surged Monday after the U.S. Department of Agriculture reported Q3 grain stocks were lower than analyst expectations. In its latest quarterly grain stocks report, the USDA said corn stocks through September 1 totaled 1.76B bushels, up 29% from the same period last year but also nearly 100M bushels lower than forecasts by analysts surveyed by The Wall Street Journal. Soybean stocks also were lower than estimated by analysts, with the USDA reporting a total 342M bushels, compared to 354M bushels forecast in the WSJ survey, while wheat stocks reported at 1.99M bushels came in slightly above expectations. CBOT corn (C_1:COM) for December delivery closed +1.4% on the Chicago Board of Trade, while December wheat (W_1:COM) finished +0.6% to $5.83 1/2 per bushel but front-month November soybeans (S_1:COM) settled -0.8% to $10.56 3/4 per bushel. ETFs: (NYSEARCA:CORN), (NYSEARCA:WEAT), (NYSEARCA:SOYB), (DBA), (MOO) The immediate surge in corn futures following the USDA report's release likely will prove short-lived, Marex's Charlie Sernatinger said. Soybeans were pressured by a change in sentiment over Brazil, where traders now foresee wetter weather coinciding with the approaching rainy season typically seen in the winter months, which should help soybean farmers unable to plant because of drought conditions.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2472368186"}