Articles tagged under: USDA report

USDA Soybean Carryout Suggests China Demand Recovery

Published May 14, 2020

Advance Trading Commodity Research Analyst Brian Basting says USDA’s May Supply and Demand report for soybean carryout is suggesting a significant recovery of demand from China in 2021. "From a standpoint of recovery in their sow herd due to the…

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May USDA Report Released Tomorrow

Published May 11, 2020

On Tuesday, the USDA will release the May Supply and Demand report. This is the first month the agency forecasts in the new crop marketing year. The USDA will also update old crop demand numbers. NDSU Extension Crops Economist and…

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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…

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An Ethanol Demand Decline Could Impact U.S. Corn Acres

Published March 25, 2020

Market analysts are expecting the USDA to forecast up to 96 million acres of corn and up to 86 million acres of soybeans to be planted in the U.S. this year. According to Todd Hubbs, an agricultural economist at the…

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Winter Wheat Seeding Lower

Published January 10, 2020

USDA says winter wheat seeded area for 2020 is forecast at 30.8 million acres, down one percent from 2019 and slightly higher than trade guesses. Hard red winter seedings are down three percent from last year and soft red acres…

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2019 Corn and Soybean Production Increases in USDA Report

Published January 10, 2020

The 2019-2020 U.S. corn production is forecast at 13.69 billion bushels. Higher yields were offset by a reduction in the harvested area. Corn harvested acres are at 81.5 million. U.S. soybean production is at 3.55 billion bushels, boosted by an…

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Wheat Outlook Stable

Published January 10, 2020

USDA’s wheat outlook is for stable supplies, better feed and residual use and lower ending stocks. USDA raised feed and residual use by 10 million bushels on lower than expected second quarter stock. USDA lowered wheat ending stocks nine million…

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USDA Lowers Quarterly Grain Stocks

Published January 10, 2020

USDA lowered its quarterly grain stocks estimate for corn more than the trade was expecting to 11.38 billion bushels. That's friendly news for traders. Soybean quarterly stocks are estimated at 3.25 billion bushels, in the middle of trade expectations. Quarterly…

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Traders Reluctant Ahead of January USDA Reports

Published January 10, 2020

Kluis Commodities President Al Kluis says traders are very reluctant to take a position ahead of the January Supply and Demand report. "People are going to the sidelines until we see the numbers." Kluis says there is a lot of…

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Analyst Suprised on Average USDA Report Estimates

Published January 9, 2020

Zaner Ag Hedge Chief Marketing Strategist Ted Seifried is surprised with the average trade guesses ahead of Friday’s USDA reports. "I was thinking we'd have at least some analysts put out incredibly bullish expectations for this report as far as…

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