Articles tagged under: corn
A Boost in Global Corn Ending Stocks, Soy Ending Stocks Lower
Published February 10, 2021
The February USDA World Agricultural Supply and Demand Estimate report had USDA raising world corn ending stocks 2.7 million tonnes from January to 286.5 million tonnes, reflecting increasing stocks in China, South Africa and Mexico partially offsetting decreases in Argentina…USDA Lowers Corn Ending Stocks in February Report
Published February 10, 2021
USDA lowered U.S. corn ending stocks by 50 million bushels from the January report to 1.502 billion bushels, mainly on a matching increase in exports to China. U.S. soybean ending stocks are lowered 20 million bushels from January to 120…No Shock for Grain Traders in the February USDA Report
Published February 10, 2021
Brock Associates President Richard Brock wasn’t too surprised with the February USDA report. Most grain traders expected the USDA to increase corn and soybean exports more than they did. "I think what USDA is assuming is some of the exports…Small Reduction in Corn Carryout
Published February 9, 2021
Grain traders were slightly surprised in the small reduction for U.S. corn carryout in the February USDA report. "Traders were looking at a 150 to 200 million bushel reduction in corn carryout through the lens of exports and unfortunately, all…Record U.S. Agricultural Export Sales in 2020
Published February 8, 2021
In 2020, the U.S. had record agricultural export sales totaling more than $161 billion. That’s according to the U.S. Census Bureau. This tops a record set in 2018 of more than $159 billion. Globally, soybeans accounted for $25.7 billion in…A Reduction in Ending Stocks Expected in USDA Report
Published February 8, 2021
The February USDA report will be released tomorrow. The Gulke Group President Jerry Gulke says market analysts are looking for USDA to reduce ending stocks due to the strong demand. "When there are these big exports for soybeans, there's already…U.S. Corn Demand Strength Continues
Published February 8, 2021
U.S. corn is in demand and China purchased large quantities the last week of January. NDSU Extension Crops Marketing Economist Frayne Olson said the current demand numbers are more aggressive than expected. "China bought the same amount of corn the…U.S. Soybean Shipments Keep Up, Outstanding Corn Shipments Remain
Published February 4, 2021
Strong export sales for corn and soybeans have been a story for the markets. In monitoring shipment follow-through, Zaner Ag Hedge Chief Market Strategist Ted Seifried thinks the soybeans are keeping up well. "We are selling soybeans and shipping them…Grain Traders Watching Ending Stocks in February WASDE Report
Published February 1, 2021
The February USDA Supply and Demand Report is typically not a big market mover, but U.S. Commodities President Don Roose says recent demand will have traders watching ending stocks closely. "Exports should go up on corn and soybeans and the…