Articles tagged under: corn

Increased Interest in Corn Ahead of Planting

Published Yesterday

A delayed planting season is likely for local growers. Pioneer U.S. Corn Lead Ryan Myers says the snow can be positive and negative. "A hard freeze can help the ground get fit and we're going to start with good moisture…

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USDA Releases U.S. World Market Share Projections

Published March 21, 2019

During the next ten years, U.S. agriculture will face additional competition from other countries in the world market. By 2028, USDA expects U.S. corn exports to increase by seven million tons from this year. That’s a gain of 11 percent.…

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Somewhat Better Cash Grain Basis Across Region

Published March 13, 2019

Cash grain basis bids at the six regional grain elevators the Red River Farm Network follows generally improved for corn and soybeans. Corn basis bids improved from five to 15 cents at most elevators. However, basis bids at Ulen, Minnesota…

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World Grain Stocks Mixed in USDA Report

Published March 8, 2019

USDA lowered global wheat supplies by three million tonnes in Friday’s Supply and Demand report to 270.5 million tonnes. That's down three percent from last year. Global corn production was lowered slightly to 1.4 billion tonnes with Brazil’s production unchanged.…

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USDA South American Production Estimates Mostly Unchanged

Published March 8, 2019

USDA reports Argentine corn production is at 46 million metric tons, unchanged from one month ago. This is also close to trade expectations. Soybean production is at 55 million metric tons, unchanged from one month ago and slightly below trade…

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A Bearish March Supply/Demand Report

Published March 8, 2019

In Friday's Supply and Demand report, USDA lowered soybean ending stocks by 10 million bushels. U.S. soybean stocks are now projected at 900 million bushels, with exports remaining unchanged. Soybean crush was raised 10 million bushels to 2.1 million bushels…

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Traders Prepare for Friday’s USDA Report

Published March 6, 2019

Northstar Commodity market analyst Brandon Marshall thinks grain traders are preparing for Friday’s USDA Supply and Demand report. Marshall thinks traders will be looking for signs of increasing corn demand. "One thing the trade will want to see is the…

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Regional Basis Levels Mixed

Published March 5, 2019

Cash basis bids at the six regional elevators the Red River Farm Network follows were mixed compared to two weeks ago. The changes in spring wheat basis ranges is wide. The corn basis had the most movement with basis improving…

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Building More Demand for Corn and Soybeans

Published February 11, 2019

According to market analysts, it's difficult to build a bullish case for corn and soybeans because the U.S. needs to build more demand. "We need another ethanol-type explosion on the demand side. That's not in the foreseeable future," says Richard Brock,…

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Regional Basis Bids Unchanged

Published January 30, 2019

Basis bid at the six regional grain elevators the Red River Farm Network follows remain mostly unchanged from last week. Corn basis levels range from 52 to 57 cents under the March futures contract with cash prices ranging from $3.22…

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