USDA report | Red River Farm Network

Lower Corn, Soybean and Wheat Production Forecast for MN

Published August 13, 2019

USDA’s National Agricultural Statistics Service is projecting lower corn, soybean and wheat production for Minnesota this year. Minnesota corn production is forecast at 1.28 billion bushels, down six percent from last year. USDA NASS says corn yields are forecast at…

Soybeans Could Be the Bullish Story in August Report

Published August 13, 2019

The Money Farm director Luke Swenson is surprised at the soybean yield estimate in Monday’s report from USDA. At an estimated 48.5 bushels/acre, Swenson says soybeans are the bullish story. "We shaved five million acres off of expected production. They…

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A Bearish USDA Report for the Corn

Published August 13, 2019

Monday’s USDA report was bearish for corn, causing the markets to hit trading limit lows. Gulke Group President Jerry Gulke says an estimated U.S. corn yield at 169 bushels/acre and production numbers are a surprise. "By reducing the acres and…

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A Lot of Unanswered Questions

Published August 13, 2019

According to Van Ahn and Company CEO Jim Emter, the biggest numbers from the August USDA report include planted and harvested acres and yield for corn and soybeans. Corn yield is estimated 3.5 bushels higher than last month’s projection, and…

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Strong Corn Yields Projected by USDA

Published August 13, 2019

USDA is forecasting the U.S. corn crop at 13.9 billion bushels, an increase of 26 million from July’s estimate. The corn yield forecast is 169.5 bushels per acre, 3.5 bushels higher than one month ago. USDA is reporting Illinois, Indiana,…

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Market Analysts Keeping Attention on Crop Progress for Now

Published July 30, 2019

According to Commodity Risk Management Group president Mike North, a fall frost isn't a worry for traders yet. "We're another month away from those type of conversations likely. Are they out there? Yes, but right now, it's not a threat…

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Market Analysts Shift Focus Back to Crop Progress and Weather

Published June 28, 2019

There are surprises everywhere in Friday's acreage report, especially for corn and soybeans. Brock Associates President Richard Brock is having a hard time rationalizing how USDA came up with some of the numbers. "None of this makes any sense, but…

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USDA Forecasts More Corn Acres, Fewer Soybean Acres for 2019

Published June 28, 2019

In its much anticipated acreage report, the U.S. Department of Agriculture raised its estimate of the corn planted area three percent from one year ago to 91.7 million acres. That’s higher than the average trade guess of 87 million acres.…

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Less Corn, More Soybeans in Storage

Published June 28, 2019

USDA’s Grain Stocks report shows corn stocks of 5.2 billion bushels, down two percent from last year and at the low end of pre-report trade estimates. Of the total, USDA says 2.95 billion are stored on farm, seven percent more…

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A Turning Point for the Grain Markets

Published June 25, 2019

This week will be a turning point for the grain markets. Stewart-Peterson Senior Market Advisor Brian Doherty says there’s either good enough weather or there isn’t for the crop. "The idea of where the market is going to go is…

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Articles tagged under: USDA report

Lower Corn, Soybean and Wheat Production Forecast for MN

Soybeans Could Be the Bullish Story in August Report

A Bearish USDA Report for the Corn

A Lot of Unanswered Questions

Strong Corn Yields Projected by USDA

Market Analysts Keeping Attention on Crop Progress for Now

Market Analysts Shift Focus Back to Crop Progress and Weather

USDA Forecasts More Corn Acres, Fewer Soybean Acres for 2019

Less Corn, More Soybeans in Storage

A Turning Point for the Grain Markets

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