Articles tagged under: corn
Global Ending Stocks Reduced in November Report
Published November 10, 2020
The USDA cut global ending stocks of corn by nine million tonnes from last month to 291 million metric tons, due to the reduction in the U.S. crop. Global soybean production was cut 2.2 million tonnes from last month to…USDA Report Highlights Strong U.S. Crop Demand
Published November 10, 2020
In the November Supply and Demand report, USDA lowered U.S. production and raised demand more than expected. U.S. corn production was lowered to 14.5 billion bushels on a yield of 175 bushels per acre. Soybean production was lowered to 4.1…U.S. Grain Shipment to Brazil Friendly for Markets
Published November 8, 2020
News that Brazil is buying U.S. soybeans will impact supply. Martinson Ag Risk Management President Randy Martinson thinks Brazil will need to buy corn, too. "That's been helping the corn market. To see the grain shipment going to Brazil is…Basis Bids Remain Unchanged at Local Grain Elevators
Published November 4, 2020
Basis levels at the six regional grain elevators followed by the Red River Farm Network remained nearly unchanged from one week ago, while futures prices moved higher resulting in cash prices increasing 10 to 15 cents for corn and spring…Brazil’s Second Crop Corn at Risk
Published November 3, 2020
Planting is 30 days behind in Brazil. Ag business consultant Kory Melby says the recent rains have generally been adequate for soybean germination and planting, but dry spots remain. "There is concern in Parana state, because the soybeans are lacking…Using Good Weather for Fall Fieldwork
Published November 3, 2020
Corn harvest wrapped up in the last week of October for Kulm, North Dakota farmer Bart Schott. "The corn is above the Actual Production History and the test weight is good. Moisture ranges from 20 to 25 percent. Harvest was…Good Conditions Help the Canadian Harvest Move Rapidly
Published October 23, 2020
Farmers in Canada made good harvest progress this year with most of the harvest wrapped up. IntelliFARM Inc. president Brian Voth says most of Manitoba is done. "There's a field of corn or sunflowers here or there, but even those…Good Export Sales Noted For Mid-October
Published October 23, 2020
Allendale Chief Strategist Rich Nelson says we continue to see very good corn export sales. "It's the second best for this specific week. As far as the soybeans, the export numbers were within trade expectations and the grain markets reacted…Second Crop Corn Planting Key for South America
Published October 23, 2020
A delay in soybean planting in Brazil is not usually a problem for the soybean crop. Corn Belt Marketing market analyst Larry Clay says the bigger issue is the timing of the second crop corn. "That takes us back to…