Articles tagged under: corn
U.S. Corn Exports are a Bright Spot
Published April 16, 2020
U.S. grain prices have fallen enough to make them competitive globally. Standard Grain president Joe Vaclavik says corn exports are a bright spot. "While ethanol suffers, we're probably going to see much better corn export demand and demand in the…More Corn Acres Could Challenge Prices
Published April 16, 2020
In a new analysis, the American Farm Bureau Federation says U.S. farmers may need to scale back corn acres to support prices. The March USDA Prospective Plantings report is forecasting 97 million corn acres to be planted this year. Farm…Analysts Shift Attention to Planting Progress
Published April 10, 2020
Now that USDA’s April Supply and Demand report is out, planting the 2020 crop is the next focus for traders. Planting progress will vary by region. "We're well aware in central Illinois what farmers in the Northern Plains are dealing…Global Wheat and Corn Ending Stocks Increase
Published April 9, 2020
In the April Supply and Demand report, the USDA raised global ending stocks of wheat slightly to under 293 million metric tons. That's due to lower Russian wheat production being offset by an increase in the European Union's production. Global…Lower Ethanol Demand Impacts Northern Plains Farmers
Published April 9, 2020
The Northern Plains corn producer could be impacted more by lower ethanol demand that Midwestern farmers. "As we see plants going offline because of poor profit margins, the net impact will be a wide basis," said Bob Utterback, president, Utterback…USDA Report Confirms Large U.S. Ending Stocks
Published April 9, 2020
USDA’s April Supply and Demand report confirms larger U.S. ending stocks of corn, soybeans and wheat. All were within the range of trade guesses. USDA raised corn ending stocks to 2.09 billion bushels on lower ethanol demand. That more than…CONAB Lowers Soybean Production Estimates
Published April 9, 2020
Brazil’s government crop supply agency CONAB lowered its soybean production estimate by two million tonnes from its March estimate. CONAB now expects Brazil’s farmers to harvest a record 122 million metric tons of soybeans, down from 124 million metric tons…There’s a Story for Wheat and Corn
Published April 9, 2020
Reflecting on Thursday’s USDA World Agriculture Supply and Demand Estimate (WASDE) report, Global Commodity Analytics and Consulting President Mike Zuzolo says USDA didn’t give the seller a reason to add to his position. "Looking at wheat, if there's a stronger…A Wide Range of Corn Estimates Ahead of April WASDE
Published April 8, 2020
There is a wide range of trade guesses for corn ending stocks ahead of the April USDA Supply and Demand report. "I honestly don't know if stocks will be dramatically larger. They will be bigger because of the 97 million…