Articles tagged under: USDA report
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,…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…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…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.…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…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…No Big Acreage Changes Forecast for USDA Report
Published June 21, 2019
Cornbelt Marketing market analyst Sam Hudson is not looking for a large change in the USDA acreage number in the upcoming report. "I think farmers did what they could to max out their base corn acres and if we're going…A Big Week Ahead for the Grain Markets
Published June 21, 2019
Market analysts are shifting focus toward Friday’s USDA acreage and the June 1 grain stocks report. Van Ahn and Company owner Kristi Van Ahn says all eyes are on acreage numbers. "The National Agricultural Statistics Service said they have all…A Big Crop and Trade Impacting Prices
Published September 14, 2018
Speaking at the Red River Farm Network’s Market Panel, Van Ahn and Company CEO Jim Emter said it’s easy to blame the trade war for the low soybean prices, but there is still a huge supply issue. "We've got the…