Articles tagged under: corn
Basis Bids Steady to Par Across Northern Plains
Published April 9, 2021
Spring wheat basis bid at the six regional grain elevators followed by the Red River Farm Network are mostly steady, ranging from 35 to 65 cents under the May contract. Corn basis levels are mostly unchanged from last week at…U.S. Raises Wheat Ending Stocks, Lowers Corn Ending Stocks
Published April 9, 2021
In the April WASDE report, the USDA raised U.S. wheat ending stocks to 852 million bushels primarily on a 10 million bushel reduction in imports. USDA kept wheat exports unchanged and reduced feed and residual use. USDA lowered U.S. corn…ND Acreage Estimates Bring Few Surprises
Published April 2, 2021
The USDA is expecting an 18 percent increase in canola acres for North Dakota this year. If realized, canola acres would reach 1.8 million acres. NDSU Extension Crops Marketing Economist Frayne Olson is not surprised. "Canola prices, at least on…Getting Prevent Plant Acres Back in Production
Published April 2, 2021
The U.S. had 10 million acres of prevent plant last year. NAU Country Insurance Vice President of Farm Services Rich Morrison thinks there’s a good chance most of those acres will get planted in the spring. "USDA added four million…A Need for More Acres Brings Struggle to Old Crop Soybeans
Published April 2, 2021
Old crop corn and soybeans struggled on Thursday while the new crop months were firmer. Van Ahn and Company market analyst Kristi Van Ahn is not surprised. "Given the fact we have tight situations domestically and we also have continued…Markets Need to Encourage More Wheat and Soybean Acres
Published April 2, 2021
Bower Trading President Jim Bower says Wednesday’s USDA Planting Intentions and Quarterly Stocks report indicate soybean supplies at the end of the new crop marketing year will be way too tight. "What does the market have to do? As planters…Tight Stocks Forecast
Published April 1, 2021
USDA’s Quarterly Grain Stocks report shows corn stocks in all positions as of March 1 totaled 7.7 billion bushels, down three percent from one year ago and nearly in line with pre-report trade estimates. The report says 4.04 billion bushels…USDA Forecasts Fewer Corn and Soybean Acres
Published March 31, 2021
USDA’s estimates of planted acres for corn and soybeans were lower than trade expectations in the Prospective Plantings report. That puts the balance sheet in rationing mode and fuels the bullish outlook for the grain markets. The USDA Prospective Plantings…RFS Uncertainty Lingers in the New Administration
Published March 25, 2021
EPA Administrator Michael Regan says the Renewable Fuel Standard will be a priority for the agency, but South Dakota Corn Growers Association Executive Director Lisa Richardson says how the EPA responds to the upcoming Supreme Court ruling on small refinery…