CBOT corn ticks up with biofuels optimism, Argentina weather
CHICAGO, Jan 28 (Reuters) - Chicago Board of Trade corn futures ended higher on Wednesday with optimism about demand for biofuels lending support, alongside concerns about hot, dry weather in major producer Argentina.
U.S. President Donald Trump said in a speech in Iowa on Tuesday that Republican congressional leaders were working on legislation to allow the ethanol-blended gasoline year-round.
The dollar rebounded on Wednesday but reached a four-year in the prior session. A weaker dollar tends to make U.S. exports more competitive on the global market.
A period of intense heat and dry weather is stressing corn crops in Argentina, threatening to reduce yields for the 2025/26 season.
CBOT March corn CH26 closed up 3-1/2 cents at $4.30 per bushel.
Related Articles
$660B Capex Bill Triggers $900B Wipeout: Why Apple Shares Outperform Amazon and Google Despite AI Lag
Based on financial disclosures, the combined 2026 capital expenditure forecasts for Meta, Amazon, Google, and Microsoft are projected to reach $660 billion. This figure is not only significantly higher than the $410 billion forecast for 2025 and $245 billion for 2024, but even surpasses the GDP of I
Amazon Stock Predictions for 2026 to 2030: Will They Exceed Expectations and Achieve Major Long-Term Goals?
TradingKey - As we head into 2026, many investors are questioning where Amazon (AMZN) fits into the technology world.
A Crash After a Surge: Why Silver Lost 40% in a Week?
TradingKey - Spot silver (XAGUSD) prices continue to decline. Silver plunged 20% on Thursday, breaking below $71 per ounce, with the sell-off intensifying on Friday as prices fell further below $64. Compared to the all-time high set on January 29, silver prices have retraced more than 40%, wiping out nearly all gains accumulated over the previous month.
Is Bitcoin’s Four-Year Cycle Dead in 2026?
Is the Bitcoin 4-year cycle dead? After 2025 broke historical records with a red post-halving year, institutional analysts explore if the Bitcoin price has decoupled from the halving countdown. Analyze the impact of spot ETFs, global liquidity, and the roadmap to the 2028 halving in this 2026 market
