Articles tagged under: USDA report

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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A Ho-Hum USDA Report

Published November 8, 2019

The big story in the November Supply and Demand report is that USDA didn’t make any big changes. "Everyone wants big stuff in reports. Sometimes you get that and other times you don't," explains S & W Trading President Andy…

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Lower Ending Stocks Noted for U.S. Corn and Soybeans

Published November 8, 2019

USDA lowered 2019-20 global ending stocks for corn and soybeans, but raised global wheat ending stocks. Global corn production is forecast to be down 1.8 million tonnes to 1.39 billion tonnes. USDA lowered global soybean ending stocks by 600,000 tonnes…

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Lots of Changes for Corn in November USDA Report

Published November 8, 2019

There were lots of changes for corn in the November USDA Supply and Demand report. USDA lowered corn production estimates to 13.66 billion bushels. Last month’s estimate was 13.77 billion bushels. Corn yield is forecast at 167 bushels/acre, lower than…

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USDA Lowers Wheat Supplies in November Report

Published November 8, 2019

USDA lowered wheat supplies, reduced domestic use and lowered ending stocks in the November Supply and Demand report. USDA reduced wheat supplies 42 million bushels on updated production estimates in North Dakota and Montana, where a significant amount of acreage…

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