Articles tagged under: USDA report
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…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…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…Market Analysts Looking Forward to September USDA Report
Published September 9, 2019
Market analysts are looking forward to this week's USDA report. Stewart-Peterson Senior Market Advisor Naomi Blohm says analysts are looking for differences in yield numbers from the August report. "Will there be a difference in harvested acres? We're also going…Quiet Grain Markets Ahead of this Month’s USDA Report
Published September 5, 2019
Money Farm market analyst Luke Swenson expects the grain market to be quiet ahead of the USDA report on September 12. "We aren't expecting much in the way of change on yields. News wise and fundamentally, they don't need to…Allendale Projects Smaller U.S. Crop
Published September 4, 2019
Ahead of next week’s USDA report, Allendale is projecting the U.S. corn crop at 13.75 billion bushels, with a yield of 167.7 bushels/acre. Their soybean crop estimate is 3.49 billion bushels, with a 46 bushel/acre yield. That's below USDA's August…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…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…