Articles tagged under: Supply and Demand Report
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…Ethanol Demand Surprises Trade
Published May 12, 2020
An increase in ethanol demand in the USDA May Supply and Demand report surprised traders. "The markets didn't see the bear get fed in the U.S. figures," said Mike Zuzolo, president, Global Commodity Analytics and Consulting. "What really surprised me…Analysts Prepare for an Ugly May USDA Report
Published May 7, 2020
Traders are preparing for a very large corn carryout number in the May Supply and Demand report from USDA. "The corn numbers are going to be bearish and even shockingly bearish," says Joe Vaclavik, president, Standard Grain. "In May, the…