Articles tagged under: Supply and Demand Report
Corn and Soybean Stocks Far Below Average Trade Guess
Published January 10, 2025
The corn and soybean stocks in the quarterly stocks report came in considerably below trade expectations. "Corn (ending stocks) dropped to to 1.54 billion bushels and soybeans to 380 million bushels," said Arlan Suderman, chief commodities economist, StoneX. "That removed…Soybean Carryout Exceeds Trade Expectations
Published October 12, 2021
With an increase in the crush and no change in exports, soybean ending stocks are estimated at 320 million bushels. That’s up from an average trade guess of 300 million. USDA is forecasting corn ending stocks at 1.5 billion bushels,…September USDA Report “As Expected”
Published September 10, 2021
In USDA’s September Supply and Demand report, U.S. corn production is pegged at 15 billion bushels, up from 14.75 billion in August and slightly more than the average trade guess. USDA raised the corn yield to 176.3 bushels per acre and…March WASDE Report “A Big Nothing”
Published March 9, 2021
Diversified Services market analyst Sterling Smith says the March Supply and Demand report was a big nothing sandwich. "U.S. corn and soybean ending stocks were unchanged. The next biggest numbers were potential changes in global corn and soybean production out…USDA Boosts Brazilian Soybean Production in March Report
Published March 9, 2021
USDA made slight changes to South American production estimates in the March Supply and Demand report. Brazil’s corn production is estimated at 109 million tonnes, unchanged from February. Brazilian soybean production was raised one million tonnes from February to 134…No Big Changes for Ending Stocks in March Supply/Demand Report
Published March 9, 2021
USDA did not make any changes in U.S. ending stocks in the March Supply and Demand report. Corn ending stocks are unchanged from the February estimate of 1.502 billion bushels, Soybean ending stocks are 120 million bushels and wheat ending…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…Grain Traders Prepare for October Supply/Demand Report
Published October 9, 2020
The grain trade is pre-positioning ahead of today’s USDA Supply and Demand report. Total Farm Marketing Senior Market Advisor Naomi Blohm says we could be in for a wild ride. "The surprise friendly quarterly stocks report is still setting the…