S-D Report Released
USDA lowered U.S. old crop and new crop corn and soybeans but raised old and new crop wheat carryout in the July supply and demand report. New crop corn ending stocks by five million bushels from June to 2.09 billion…
Articles tagged under: Supply and Demand
Brazilian Corn Estimate May Boost U.S. Demand
Following the release of USDA's monthly Supply and Demand Report, Total Farm Marketing Senior Market Advisor Naomi Blohm said it offered friendly news for corn. "Because there was nothing unexpectedly bearish, the market has every reason now to hold the…
Markets Poised for Strong 2023
Since 2020, grain prices have been advancing on a combination of crop losses and demand growth. "As we look at elevated prices, I don't think we're going to see them coming down anytime soon," said Kevin McNew, chief economist, Farmers…
Corn Production Expected to Decline for 2019/20
According the USDA supply/demand report, U.S. corn production for 2019-2020 is expected to decline 1.4 billion bushels. That would bring production to 13.7 billion bushels, which compares to a pre-report estimate of 14.2 billion bushels. Unprecedented planting delays will be…
A Corn and Soy Boost for South America
USDA bumped Argentina’s corn production in the May Supply and Demand report from April estimate of 48.2 to 49 million tonnes. Brazil’s corn production increased from 96.6 million tonnes to 100 million tonnes. Brazil’s soybean production is estimated at 117…
No Surprises in April Supply/Demand Report
In the April supply/demand report, USDA reduced U.S. wheat feed and residual use by 10 million bushels and lowered exports by 20 million bushels. That resulted a 31.5 million bushel increase in wheat ending stocks, and carryout is estimated at…
June Supply and Demand Report Delivers Positive News
USDA’s World Agricultural Supply and Demand Estimates (WASDE) report delivered positive news for the commodity markets. Corn ending stocks for the new marketing year are forecast at 1.57 billion bushels. That’s down over one million bushels from last month and…
GOA Issues Report on Cattle Markets
A report by the Government Accountability Office shows supply and demand factors that affected cattle feed prices, such as a drought, also affected changes in fed cattle prices. From 2013 to 2016, the price of fed cattle fluctuated and experienced…
USDA Lowers Global Ending Stocks
USDA lowered global ending stocks of corn and soybeans in the April Supply and Demand report. Global corn supply is lowered seven million tonnes to 1.3 million tonnes and soybean ending stocks are down 600,000 tonnes to 174 million tonnes…
