Antegra Corn: Remember – the highest the Dec contract has been in nearly a year happened during a crop report!
Grain Network
CROP PROGRESS: 97% of the corn in the U.S. had been planted by June 3rd, compared to 92% last week and 95% last year
Corn
CORN ACREAGE: Corn planted area for all purposes in 2018 is estimated at 89.1 million acres, down 1 percent from last year
Corn
CORN ACREAGE: Compared with last year, planted acres are down or unchanged in 31 of the 48 estimating States
Corn
CORN ACREAGE: Area harvested for grain, at 81.8 million acres, is down 1 percent from last year
Corn
SOYBEAN ACREAGE: Soybean planted area for 2018 is estimated at 89.6 million acres, down 1 percent from last yea
Soybeans
SOYBEAN ACREAGE: Compared with last year, planted acreage is down or unchanged in 14 of the 31 estimating States
Soybeans
The U.S. is the largest corn producer (35.9%) globally, followed by China (20.9%); Brazil (8.1%); European Union (6.0%); Argentina (3.2%) and Mexico (2.6%)
Corn
The U.S. exports 40.5% of total corn exports ahead of Brazil (17.3%); Argentina (15.9%) and the Ukraine (13.0%)
Corn
The European Union (12.3%) and Mexico (11.1%) are the two largest corn importers followed by Japan (10.4%); South Korea (6.7%) and Egypt (6.4%)
Corn
The U.S. and Brazil dominate global soybean production with each producing 35.5% of global production followed by Argentina (11.0%); China (4.2%) and Paraguay (3.0%)
Grain Network
Brazil exports 49.0% of total soybean exports, followed the U.S. (37.3%), Paraguay (4.1%); and Argentina (2.0%)
Grain Network
China accounts for a whopping 62.9% of global soybean imports, followed by the European Union (9.1%) as well as Mexico (3.0%); Argentina (2.4%) and Japan (2.1%)
Grain Network
CROP PROGRESS: 96% of the corn in the U.S. had matured by October 14th, compared to 93% last week and 89% last year
Corn
Some Iowa farmers, many corn growers, got less than $25. "The corn payments are a joke. Someone at USDA made a mistake" (@USAToday)
Corn
Charlie Daniels Band To Perform At 2019 Commodity Classic February 28 - March 2 in Orlando, Fla. (@NCGA)
Corn
EPA says it is committed to rule for higher ethanol blend by summer driving season (@Reuters)
Corn
U.S. soybeans Ok'ed for EU biodiesel (@FarmFutures)
Soybeans
China's pig population is shrinking, and that's bad news for American soybean farmers (@WSJ)
Soybeans
"I am disappointed that Bud Light chose to denigrate corn in their Super Bowl ad as part of a marketing scheme to attack their competition." Mark Recker President Iowa Corn
Corn
Natl' Corn Growers via Twitter - "BudLight America’s corn farmers are disappointed in you ... Thanks MillerLite and CoorsLight for supporting our industry."
Corn
Kansas State University collaborates with the American Soybean Association to launch $17M aqua-feed program in Cambodia
Soybeans
Corn Controversy: After offensive anti-corn Superbowl Ad Bud Light emailed the NCGA "looking to make it right" and asking for a meeting, according to Neil Caskey w/ the NCGA.
Money
WORLD CORN: EU production projected at 60.72 million metric tons, up 320K metric tons from last month
World Ag News
WORLD CORN: China production projected at 257.33 million metric tons, up 1.33 million metric tons from last month
World Ag News
WORLD CORN: World production projected at 1.099 billion metric tons, down 301K metric tons from last month
World Ag News
WORLD CORN: Brazil production projected at 94.5 million metric tons, unchanged from last month
Brazil
WORLD CORN: U.S. ranked 1st in production followed by China, Brazil, EU, Argentina & the Ukraine
World Ag News
WORLD CORN: Foreign corn production is forecast higher with increases for Argentina, China, and Ukraine more than offsetting reductions for South Africa and Mexico
World Ag News
WORLD CORN: Argentina production projected at 46 million metric tons, up 3.5 million metric tons from last month
World Ag News
WORLD CORN: Global corn production is down this month as reductions for the United States, Mexico, and South Africa slightly offset larger crops for Argentina, China, and Ukraine
World Ag News
WORLD CORN: In Southeast Asia, Vietnam and Malaysia lead the region in corn imports, driven by strong consumer demand for pork and poultry, respectively
World Ag News
WORLD SOYBEANS: World production projected at 360.99 million metric tons, down 8.21 million metric tons from last month
World Ag News
WORLD SOYBEANS: Brazil production projected at 117 million metric tons, down 5 million metric tons from last month
World Ag News
WORLD SOYBEANS: Argentina production projected at 55 million metric tons, down 500K metric tons from last month
World Ag News
WORLD SOYBEANS: China production projected at 257.33 million metric tons, up 1.33 million metric tons from last month
World Ag News
WORLD SOYBEANS: The United States is projected to be the largest producer of soybeans in the world followed by Brazil, Argentina, China & India
World Ag News
WORLD SOYBEANS: Production for Brazil is lowered 5 million tons to 117 million due to dryness in parts of the South and Center-West regions
World Ag News
WORLD SOYBEANS: Global soybean production is lowered 8.2 million tons to 361.0 million with lower crops for Brazil, Argentina, Paraguay, Uruguay, and South Africa
World Ag News
WORLD SOYBEANS: U.S. soybean export bids in January, FOB Gulf, averaged $346/ton, up $5 from December and $17 from November
World Ag News
WORLD SOYBEANS: U.S. soybean meal export bids in January, FOB Gulf, averaged $348/ton, down $4 from December while $2 above November
World Ag News
WORLD WHEAT: The European Union is projected to be the largest producer of wheat in the world followed by China, India, Russia & the United States
World Ag News
WORLD WHEAT: China production projected at 131.43 million metric tons, down 1.072 million metric tons from last month
World Ag News
WORLD WHEAT: India production projected at 99.7 million metric tons, unchanged from last month
India
WORLD WHEAT: Russia production projected at 71.6 million metric tons, up 1.6 million metric tons from last month
Russia
WORLD WHEAT: World production projected at 734.745 million metric tons, up 1.331 million metric tons from last month
World Ag News
WORLD WHEAT: European Union production projected at 137.6 million metric tons, unchanged from last month
World Ag News
WORLD WHEAT: World production for the 2018/19 market year is raised 1.3 million tons, led by a 1.6-million-ton increase for Russia, a 0.6-million-ton increase for Brazil, and a 0.5-million-ton increase for Paraguay
World Ag News
WORLD WHEAT: Overall, U.S. wheat prices were up at the end of January as export prospects improved amidst ideas of tighter international supplies
Wheat
WHEAT ACREAGE: All wheat planted area for 2018 is estimated at 47.8 million acres, up 4 percent from 2017
Wheat
The European Union is the largest wheat producer with 20% of total world wheat production, followed by China (17.1%); India (1%); Russia (11.2%) and the U.S. (6.2%)
Grain Network
Russia accounts for 22.5% of global wheat exports, ahead of the U.S. with 13.5%; European Union (12.8%); Canada (12.5%) and the Ukraine (9.6%)
Grain Network
Wheat exports are widespread; the biggest wheat importing countries are Brazil, the European Union, U.S. and China each accounting for two to four percent of global wheat imports
Grain Network
Major wheat importing regions include North Africa (15.1%); Southeast Asia (14.6%); and the Middle East (10.1%)
Grain Network
Trade war entices farmers to switch acres to corn (@FarmFutures)
Corn
U.S.-China trade resolution likely but absent major upside for soybean farmers (Iowa Soybean Association)
Iowa Soybean Association
Much-anticipated WASDE report largely underwhelms soybean market (Iowa Soybean Association)
Iowa Soybean Association
Organic wheat: K-State joins Heartland Plant Innovations and others to explore breeding platform
Wheat
In Oval Office meeting today, the Chinese committed to buy an additional 10 million metric tons of U.S. soybeans
Trade
Major to historic river flooding will continue across parts of the Mississippi and Missouri River Basins (WPC)
Weather
U.S. farmers adopting drought-tolerant corn about as quickly as they first adopted herbicide-tolerant and insect-tolerant varieties (ERS/USDA)
Corn
PROSPECTIVE PLANTINGS: Soybeans growers intend to plant 84.6 million acres in 2019, down 5% from last year
Soybeans
PROSPECTIVE PLANTINGS: All wheat planted area for 2019 is estimated at 45.8 million acres, down 4% from 2018
Wheat
GRAIN STOCKS: Durum wheat stocks in all positions on March 1, 2019 totaled 74.1 million bushels, up 50 percent from a year ago
Grain Stocks
PROSPECTIVE PLANTINGS: Corn growers intend to plant 92.8 million acres of corn for all purposes in 2019, up 4% from last year. If realized, this will be the highest planted acreage since 2016
Corn
BEER WARS: MillerCoors filed a lawsuit against Anheuser-Busch, which owns Bud Light, for the ads, calling them "false" and "misleading." (@FoxNews)
Food & Drink
U.S. Soybean Exports to China Increased in February; Trade Negotiations Return to Washington, D.C (farmdoc)
University of Illinois
Threat to retain tariffs counterproductive to ending trade war with China (ASA)
Iowa Soybean Association
Wake Up Call: Cattle futures ended in positive territory with support from signs of tightening supplies, overriding a seasonal trend that usually shows rising stocks ahead of the summer grilling season (Allendale)
Market Commentary
2018 County Corn and Soybean Yields: Exceptional Yields in Central Illinois and the Eastern United States (farmdoc)
University of Illinois
Here We Go Again: How Many Days Does It Take to Plant the U.S. Corn Crop? (farmdoc)
University of Illinois
Implications of Recent Trends in U.S. Gasoline Consumption for Ethanol (farmdoc)
University of Illinois
Great move for corn today, closed above it's 21 day MA and just at the upper resistance, this could be an interesting month (@WackTrades)
Corn
As the COT report goes Tuesday to Tuesday, we can farily confidently predict that it will show funds buying corn this past week. It'll be the first net buy since March 26 in what has been a down trend since Dec 2018 (@Caerus_Trading)
Corn
Dickinson Co. Kansas corn starting to spike through, cattle waiting to go to grass until it dries out again (@mjwiegand)
Corn
DAILY EXPORTS: Export sales of 120,000 metric tons of soft red winter wheat for delivery to Egypt during the 2018/2019 marketing year
Exports
Corn stocks in Iowa totaled 2.18 billion bushels on December 1, 2018, down 202.8 million bushels from last year
Grain Stocks
Corn stocks in Illinois totaled 2.1 billion bushels on December 1, 2018, down 30.2 million bushels from last year
Grain Stocks
Corn stocks in Minnesota totaled 1.29 billion bushels on December 1, 2018, down 231.9 million bushels from last year
Grain Stocks
Corn stocks in Nebraska totaled 1.45 billion bushels on December 1, 2018, down 11.2 million bushels from last year
Grain Stocks
Soybean stocks in Iowa totaled 528.5 million bushels on December 1, 2018, up 40.99 million bushels from last year
Grain Stocks
Wheat stocks in Kansas totaled 450.2 million bushels on December 1, 2018, up 50.3 million bushels from last year
Grain Stocks
Wheat stocks in North Dakota totaled 279.5 million bushels on December 1, 2018, up 70.9 million bushels from last year
Grain Stocks
Wheat stocks in Montana totaled 150.9 million bushels on December 1, 2018, up 41.5 million bushels from last year
Grain Stocks
Wheat stocks in Oklahoma totaled 116.4 million bushels on December 1, 2018, down 27.7 million bushels from last year
Grain Stocks
Soybean stocks in Nebraska totaled 298.3 million bushels on December 1, 2018, up 34.1 million bushels from last year
Grain Stocks
Soybean stocks in Minnesota totaled 339.1 million bushels on December 1, 2018, up 30.3 million bushels from last year
Grain Stocks
Soybean stocks in Illinois totaled 671.2 million bushels on December 1, 2018, up 160.8 million bushels from last year
Grain Stocks
WTO Dispute Panel Confirms China’s Domestic Agricultural Support Exceeds Limits, Distorts Trade (U.S. Wheat Associates)
Trade
Purdue's Center for Commercial Agriculture webinar "Delayed Corn & Soybean Planting Decisions" Thursday, May 23 at 3 p.m. (CT). - Register Here
AgToday
Looks like ethanol margins are 10-25 cents negative across the country. US corn now priced ~8% above SA on export market. Just remember to ratchet down your demand numbers along with your production numbers (@StandardGrain)
Ethanol
Trade Aid No Solution to Continued Impasse for Soybean Sales to China (ISA)
Iowa Soybean Association
Beer Battle: A Wisconsin judge has ordered Anheuser-Busch to stop suggesting in advertising that MillerCoors’ light beers contain corn syrup
Corn
I'm not crazy bullish by any means, but the fact that 'drier the second week of June' with 37 million acres of corn unplanted is bearish is kind of hilarious (@GoddessofGrain)
Corn
I need to go somewhere where the corn is planted and emerged because I'm starting to lose my sh** here... if we're being honest (@GoddessofGrain)
AgToday
CME Group Sets a Number of Volume, Open Interest Records in Agricultural and Interest Rate Products
AgToday
Most sources seem content forecasting 68% to 73% will now be planted vs. just 58% last week... (@KevinVanTrump)
Crop Progress
Here is a look at the #CropWatch19 corn field in S. Illinois versus the same weekend in the previous two years (@kannbwx)
Crop Progress
The #CropWatch19 soybeans are being planted tonight in central Kansas. Just 6.5 days ago the field was completely flooded, but it has had nearly a week of dry weather now (@kannbwx)
Soybeans
GRAIN CRUSHINGS: Total corn consumed for alcohol and other uses was 493 million bushels in April 2019
Corn
FATS & OILS: Soybeans crushed for crude oil was 5.15 million tons (172 million bushels) in April 2019...
Soybeans
Russia it is getting hot, hot , hot- some analysts to decrease Russian wheat production forecast 2019/20 as June temperatures have risen above 30 °C in the south (@RussianGrainTra)
Wheat
GRAIN EXPORTS: Corn sales reported for Japan (713,200 MT, including 591,500 MT late reporting, 49,200 MT switched from unknown destinations, and decreases of 13,100 MT), Mexico (184,700 MT...
Exports
GRAIN EXPORTS: Soybean sales reported for China (135,700 MT, including 136,000 MT switched from unknown destinations and decreases of 2,300 MT), Spain (57,000 MT), the Netherlands (56,800 MT...
Soybeans
GRAIN EXPORTS: Wheat sales reported for Indonesia (70,000 MT), Yemen (44,000 MT, including 40,000 MT switched from unknown destinations), Canada (29,900 MT...
Wheat
It’s interesting that people in plush offices, with shiny shoes and supercomputers can estimate the 19 corn yields... (@PitstickFarms)
Corn
Here's a look at some of the #CropWatch19 soybeans on Sunday compared with a year earlier (@kannbwx)
Soybeans
The National Corn Growers Association Corn Board has elected fifth-generation Ohio farmer John Linder to be the next first vice president (@NationalCorn)
National Corn Growers Association
July corn futures set a new high of $4.42 per bushel, the highest for the most-active contract since July 2015 (@kannbwx)
Corn
I think there's a strong chance at some point during the next two weeks we trade limit-up! (@KevinVanTrump)
Corn
Up to 6 Million Acres of Corn Won't Get Planted This Year; Could Shatter All U.S. Records (@Bloomberg)
Corn
"It's A Disaster Like I've Never Seen Before": 2019 Could Be Worst Year Ever For US Corn Farmers | Zero Hedge (@IndianaGrainCo)
Corn
NE Custer Co. Nebraska more rain today, corn up to knee high, soybeans would like to be drier to grow. cattle doing well on grass (@mjwiegand)
Nebraska
MU soybean specialist: Crop growers get 'triple whammy' -- prevented corn planting, reduced soybean yield from delayed planting, and poor crop vigor of emerged corn and soybean plants
Soybeans
Today, National Corn launched an ad in Washington DC calling on the EPA to follow President Trump’s commitment to farmers and stop giving RFS waivers to big oil companies
National Corn Growers Association
Soybean Prevent Planting Decisions in Middle June, Cover Crops, and MFP Payments (farmdoc)
University of Illinois
CROP PROGRESS: 90% of the corn in Texas had emerged by June 16th, compared to 86% last week and 96% last year
Crop Progress
CROP PROGRESS: 83% of the corn in Kansas had emerged by June 16th, compared to 73% last week and 99% last year
Crop Progress
The lack of growing degree units for corn has contributed to its slow emergence/growth (@kannbwx)
Corn
A lot of folks laughed when I told them they'd sell harvest wheat for 5.50 this year. And here we are! (@GoddessofGrain)
Wheat
Windy in southwest Kansas. Moisture still a little too high to cut wheat north of Lakin (@KansasWheat)
Wheat
Thomas Co. Kansas corn ankle to knee high, trying to catch up. Wheat harvest19 still 7-10 days away, cattle doing well in the yard (@mjwiegand)
Kansas
Notice in corn that 16.7% of the 91.7 million acres was still intended during the survey period of the roughly the first two weeks in June (@ScottIrwinUI)
Corn
FYI the 91.7 million acres of corn reflects acres planted OR intended to plant. Does NOT guarantee they were ALL planted! (@kannbwx)
Corn
Outstanding in someone else's field, corn field that is. All "ears" on corn acres and yield now (@trentloos)
Corn
Yesterday's data showed that roughly 1 in 8 corn acres in the eastern Midwest had not yet emerged at the end of June (@ArlanFF101)
Crop Progress
Surprised at amount of corn still weedy. Lose 4 bu/ac for every 1" weed height. Some weeds here 6" tall (@WheatPete)
Corn
Bloomberg reports that China is considering buying some U.S. farm products to show goodwill. Soybeans, corn, and pork are being considered (@kannbwx)
China
Corn export shipments really fell out of bed as South American new-crop supplies became available (@ArlanFF101)
Corn
Here's a look at the CropWatch19 corn fields as of Sunday. Better weather last week slightly increased conditions... (@kannbwx)
Corn
One acre can grow about - 821 lbs. of cotton - 2,784 lbs. of wheat or - 50,000 lbs. of strawberries (@TexasFarmBureau)
Texas Farm Bureau
In the July 7 crop progress report, corn silking has been noted in 8 % of the crop, up from 0% last week and down from 37% last year (@cattlefax)
Corn
If you're spraying Flexstar today according to the label you are not supposed to plant corn prior to May 10, 2020 (@weedgirl24)
Corn
Nebraska Corn had a great time visiting with NAYI participants this morning on UNL’s East Campus. The future of ag is bright! (@NECornBoard)
Shout Out
On my way back home. The crops look good from Albert Lea to Mason City. These soybeans will give you an idea. Corn looks just as good (@commodityweek )
Soybeans
Rules allow corn, soybean cover crops to provide fall forage for cattle herds (Missouri.edu)
Cow-Calf Today
Since 1959, the likelihood of a sustainable rally in ZC after August 1 is 12%. It's probably safe to say that 4.73 marked the top in the corn market for 2019 (@TradesByDave)
Corn
Same corn field exactly 5 days apart. For reference Tanner is 6’2”. I’d say the heat & rain really kicked in this week! (@megan_rrfn)
Crop Progress
These soybeans were ruined already, but still a good representation of the market (@E_Energy_Adams)
Soybeans
#TopThirdTwoWheelTour Results after 75 miles at 80 mph that National US Corn yield is 184 bu/ac (@TopThird)
Corn
"Hard times are real, there's dusty fields no matter where you go...but don't you ever dream of a life where corn don't grow" (@Pasztor79)
AgVideos
Harvest Rainbow by Dean Drussel via Kansas Ag Groups. Photo taken in Finney County (Kansas Proud)
Kansas
Sluggish Soybean Sales to China in First Half of 2019, as Trade Talks Continue This Week (farmdoc)
University of Illinois
USA has produced 698 billion bushels of corn since 1866. That is 17.7 billion tonnes. How to comprehend that volume? (@kannbwx)
Corn
Cool thing about this planted number, if you don’t believe it you can protest by buying corn futures! (@jerodmcdaniel)
Corn
Chinese Farmers Are Growing Soybeans in Russia as China Substitutes U.S. Suppliers (@Agridome)
Soybeans
AccuWeather predicts the lowest US corn yield in 7 years. Predicts corn yield will be 13.07B bushels, a decline of 9.3% from 2018 and 5.8% lower than the latest USDA figures.
Corn
USDA, where everyone is on the same page. CORN: WASDE has 90 million acres of planted and FSA shows 85.8 million (@ChrisClaytonDTN)
Grain Network
I'm not sure that corn crop condition ratings accurately tell the condition of the crop this year, but most major production states saw a decline this week (@ArlanFF101)
Corn
USDA is assuming 91.1% of planted corn acres will be harvested. 10-year average is 91.6% (@ArlanFF101)
Corn
CBOT Dec corn futures plunge 9.9%, the largest 2-day % drop for the most-active contract since 2013 (@kannbwx)
Corn
Mr. President, Japan is the #1 market for US wheat exports on average, where we hold just over 50% of the market (@wheatworld)
Wheat
USDA putting Missouri corn yield at 160 is ridiculous. Gro predicting them at 138 bpa much closer (@jasonlbritt)
Corn
Brazil is revisiting its soybean crop estimates for 2018 and 2019. A top official at Conab says: "The balance of supply and demand is tight, there is no space for exporting 72 million tonnes of soybeans (@kannbwx)
Soybeans
Resilience is probably the most important word heard around the farm this year. We feel like our system has been tested to the brink (@KansasWheat)
Farm Network
CFTC says Kraft, Mondelez to pay $16 million in wheat price manipulation case (@Reuters)
National News
Roughly 7.7 million acres of soybeans haven't even started to bloom yet as the #pftour19 takes place, with 24.5 million acres still not setting pods
Soybeans
This is exactly what the Pro Farmer Midwest Crop Tour scouts are doing in the fields this week and how the rough #corn yield calculations are done (@kannbwx)
Corn
I know markets have cried wolf before on early frost and most of the time it doesn't happen, but this year to ignore it would be crazy. This could end very badly. Upside/downside risk disproportionate (@jasonlbritt)
Corn
The EPA received 42 requests for small-refinery exemptions in 2018. There are only 48 small refineries in the entire country (@toddneeleyDTN)
Ethanol
Today, @IAGovernor and @MikeNaigIA sent a joint letter to @EPAAWheeler outlining the damaging effects of the 31 new small refinery waivers (@IADeptAg)n the state of Iowa
Ethanol
Corn Farmers Press Trump To Take Steps To Significantly Increase Corn Demand (@NCGA)
National Corn Growers Association
One hour worth of weeding soybeans gone in 60 seconds. Sometimes they have to learn life lessons with their own money (@sf28430)
AgVideos
China July soy imports from U.S. up three-fold as cargoes booked during truce arrive (@ReutersAg)
Soybeans
Price Projections For Cattle, Hogs, Milk, Corn, Soybeans, Wheat & Energy (Channel 165)
Price Projections
Here are the other top counties by state in the Corn Belt. Michigan still looking for that 200! (@kannbwx)
Corn
“Agriculture is in one hell of a bad situation right now. The government put us in this situation... (@iowa_corn)
Corn
Trump on Twitter: "The Farmers are going to be so happy when they see what we are doing for Ethanol....It will be a giant package, get ready!....."
National News
@realDonaldTrump, 17 ethanol plants are now closed or idled; we look forward to your news (@EthanolRFA)
Ethanol
New CLAAS_America combine has automatic grease system, and you don’t need to leave cab to switch corn/soybeans (@TheChadColby)
Soybeans
USDA data indicates that 17.1 million corn acres had not yet reached the dough stage as of September 1st, versus the normal of 6.3 million acres (@ArlanFF101)
Crop Progress
CPC updated its September outlook over the weekend, and it is not good news for the northern Corn Belt, which really needs some warmth to finish off the corn and soybeans (@kannbwx)
Weather
Per NASS estimates, Sangamon County, Illinois has the highest average yield for soybeans on record at 82.3 bu/acre (2018) (@kannbwx)
Soybeans
Don't shoot the messenger, but here are the results of our September client survey (@ArlanFF101)
Crop Progress
Minnesota's corn farmers submitted more than 700 comments to @realDonaldTrump and EPA demanding action to protect the RFS (@mncorn)
Ethanol
We had the privilege of delivering this sign to the @WhiteHouse from @iowa_corn. @realDonaldTrump Make the RFS Great Again (@NationalCorn)
Ethanol
Harvest report on some 100 day corn North of KC. Field usually avgs. 170-175. This year it averaged 135 (@jasonlbritt)
Corn
ACREAGE: Corn planted area for all purposes in 2019 is estimated at 91.7 million acres, up 3 percent from last year
Corn
ACREAGE: Soybean planted area for 2019 is estimated at 80.0 million acres, down 10 percent from last year
Soybeans
ACREAGE: All wheat planted area for 2019 is estimated at 45.6 million acres, down 5 percent from 2018
Wheat
I imagine to myself that when you take a bite of this corn it’s nice and chewy and tastes like freaking skittles (@apasztor82)
Corn
Breaking News @usda_nass has reduced the Nebraska corn yield by 20 bushels per acre due to 3 factors 1. Charging Buffalo damage 2. Flooded fields due to tears 3. a potential early "Frost" (@TheDailyCowman)
Nebraska Huskers
Some 55% of U.S. corn was dented as of Sept. 8, behind the 5-yr avg of 77% and exactly even with the same date in 2009 (2018 was among record fast) (@kannbwx)
Corn
Even if these 8% of soybeans that haven't set pods somehow miraculously make 15/bu USDA will need to adjust production by oh 200M/bu or so (@DDFalpha)
Soybeans
Brent crude oil spot prices averaged $59 per barrel (b) in August, down $5/b from July and $13/b lower than the average from August of last year
Short Term Energy Outlook
The Henry Hub natural gas spot price averaged $2.22 per million British thermal units (MMBtu) in August, down 15 cents/MMBtu from July
Energy
EIA lowered its Henry Hub spot price forecast for 2020 to an average of $2.55/MMBtu, 20 cents/MMBtu lower than the August forecast
Energy
Silage piles save money over baleage on late-planted corn (Missouri Extension)
University of Missouri
Farmers in Parana, Brazil can begin planting soybeans today, but ongoing dryness will likely delay the start (@kannbwx)
Brazil
Wheat production projected at 1.98 billion bushels in September, unchanged from last month
Ag Production
Soybean production projected at 3.633 billion bushels in September, down 47 million bushels from last month
Ag Production
Soybean oil production projected at 24.535 billion pounds in September, unchanged from last month
Ag Production
Hey @CollegeGameDay you simply wouldn’t be getting the full Iowa experience if you didn’t stop by and and see us roast and giveaway 800 ears of Iowa sweet corn! (@iowa_corn)
College Football
@realDonaldTrump America's corn farmers are counting on you to restore integrity to the #RFS (@NationalCorn)
National Corn Growers Association
This map helps visualize the year-on-year change in U.S. corn production by state, using USDA's latest forecast (@kannbwx)
Corn
Ahh, some topical humor this morning on college game day. Neither of them are my team, so I say good luck to both, make it a great game! (@kannbwx)
Comedy (Channel 67)
The trade war w/ China gives ASA Director David Droste (IL) flashbacks to the Russia wheat embargo of 1980, which U.S. farmers still feel the effects of nearly 40 years later (@ASA_Soybeans)
Trade
NOPA August crush: 168.085 million bushels of soybeans. Easily record for month, 7th largest month all-time... (@kannbwx)
Soybeans
Warm weather is definitely a two-edged sword for June planted corn, of which there are tens of millions of acres... (@ScottIrwinUI)
Corn
The outlook for global 2019/20 wheat production was lowered 2.5 million metric tons this month on cuts in wheat output for multiple major exporting nations
Wheat Outlook
Despite net reduced global production, ample worldwide stocks and strong export price competition constrain sales opportunities
Wheat Outlook
The all-wheat season average farm price (SAFP) is lowered 20 cents this month on declines in wheat by class cash prices through the first 3 months of the new marketing year
Wheat Outlook
As of the week ending 2019/20 winter wheat harvest is complete while 78 percent of the U.S. spring wheat harvest was complete as of September 1, 2019
Wheat Outlook
SOYBEANS: The NASS September Crop Production report lowered the U.S. soybean yield forecast by 0.6 bushel to 47.9 bushels per acre
Soybean Outlook
Although USDA left its forecasts of new-crop soybean demand unchanged this month, lower supplies are expected to reduce 2019/20 season-ending soybean stocks by 115 million bushels to 640 million
Soybean Outlook
The expected stocks reduction prompted USDA to raise its forecast of the U.S. season-average farm price by 10 cents to $8.50 per bushel
Soybean Outlook
Domestic soybean crushing rebounded in July to 179.5 million bushels after slumping to 157.6 million bushels in June, when some processors took downtime for servicing of equipment
Soybean Outlook
SOYBEANS: The late seasonal strength prompted an increase in USDA’s estimate of the 2018/19 crush this month by 20 million bushels to 2.085 billion
Soybean Outlook
SOYBEANS: Increases in domestic use and exports of soybean meal largely account for the stronger crush demand
Soybean Outlook
At 180 million bushels, August export inspections of soybeans totaled an all-time high for the month
Soybean Outlook
Snapshot of vessels currently listed as carrying soybeans. Still a steady stream of cargoes headed from South America to China/Asia (@kannbwx)
Soybeans
CME ENERGY FLASH: Crude Oil: $58.03 (-1.31); Ethanol: $1.386 (+0.008); Natural Gas: $2.633 (-0.035)
Energy
The Andersons: Mixed in low volume. Choppy trade continues. Mkt awaits potential changes to biofuel mandate & harvest data. C-1 B-0 W+1
Market Commentary
In day 2 of their visit to Neb., the Japanese trade delegation toured Dorn Farms. They learned how both corn grown on farm and dried distillers grains... (@NECornBoard)
Nebraska
DROUGHT MONITOR: 82.91% of the High Plains experiencing no drought, compared to 82.05% last week and 55.60% last year
Weather
DROUGHT MONITOR: 0.00% of the High Plains experiencing "extreme to exceptional drought" (D3-D4), compared to 0.00% last week and 9.93% last year
Weather
Combined corn for the first time on our farm! We've always chopped everything for silage (Peterson Farm Bros)
Peterson Farm Bros
China buys about 10 vessels of U.S. soybeans (about 600,000 tonnes) for shipment between Oct-Dec, according to traders (@kannbwx)
Soybeans
The pod weight the USDA is using at 0.35 grams for soybeans would be the highest in 10 years... (@jasonlbritt)
Soybeans
SCHWIETERMAN SOYBEANS: A little bit of follow through strength in the beans would suggest another leg higher has started and that we should be looking for a move up to the $9.35 area in the November contract
Market Commentary
SCHWIETERMAN CORN: Critical resistance still runs from $3.75 - $3.77, and we seem to butt up against that every day
Market Commentary
SCHWIETERMAN SOYBEANS: The maturity of the crop is still well behind average, but there is little threat of freezing temperatures in the Corn Belt
Market Commentary
SCHWIETERMAN WHEAT: The market was weaker overnight and is now testing the bottom end of the upward trading channel that began September 3rd
Market Commentary
SCHWIETERMAN WHEAT: December KW double topped at $4.14 and then backed off from there
Market Commentary
SCHWIETERMAN CORN: The funds are quite short and there could be an explosive short covering rally if the December contract would ever clear the $3.77 level
Market Commentary
Today's Weather: In the Caribbean, Tropical Storm Karen will move northward, passing near or over Puerto Rico and the U.S. Virgin Islands later today
Weather
WASDE WHEAT: The 2019/20 U.S. wheat supply and demand outlook is unchanged this month but there were offsetting by-class changes for wheat exports
Wheat
WASDE WHEAT: The projected season-average farm price is $4.80 per bushel, down $0.20 on NASS monthly prices
Wheat
WASDE SOYBEANS: Based on conditions as of September 1, yields are expected to average 47.9 bushels per harvested acre, down 0.6 bushel from the previous forecast and down 3.7 bushels from 2018
Soybeans
WASDE SOYBEANS: Ohio showed the greatest decrease, down 647 pods per 18 square feet from the previous year
Soybeans
WASDE SOYBEANS: If realized, the forecasted yield will be a record high in Kentucky and Tennessee
Soybeans
WASDE CORN: Corn supplies are down from last month, as a smaller crop more than offsets larger beginning stocks due to lower estimated exports and corn used for ethanol for 2018/19
Corn
WASDE CORN: This month’s 2019/20 U.S. corn outlook is for reduced production, lower corn used for ethanol, and slightly higher ending stocks
Corn
WASDE CORN: Corn production is forecast at 13.799 billion bushels, down 102 million from last month on a lower yield forecast
Corn
WASDE CORN: Based on conditions as of September 1, yields are expected to average 168.2 bushels per harvested acre, down 1.3 bushels
Corn
CORN BALANCE SHEET: Beginning stocks projected at 2.445 billion bushels, up 85 million bushels from last month
Corn
CORN BALANCE SHEET: Feed and residual use projected at 5.175 billion bushels, unchanged from last month
Corn
CORN BALANCE SHEET: Food, seed and industrial use projected at 6.88 billion bushels, down 25 million bushels from last month
Corn
CORN BALANCE SHEET: Ethanol & byproducts use projected at 5.45 billion bushels, down 25 million bushels from last month
Corn
CORN BALANCE SHEET: Total domestic use projected at 12.055 billion bushels, down 25 million bushels from last month
Corn
CORN BALANCE SHEET: Total use (domestic + exports) projected at 14.105 billion bushels, down 25 million bushels from last month
Corn
CORN BALANCE SHEET: Ending stocks projected at 2.19 billion bushels, up 9 million bushels from last month
Corn
WHEAT BALANCE SHEET: Beginning stocks projected at 1.072 billion bushels, unchanged from last month
Wheat Balance Sheet
WHEAT BALANCE SHEET: Ending stocks projected at 1.014 billion bushels, unchanged from last month
Wheat Balance Sheet
WHEAT BALANCE SHEET: Farm price projected at $4.80, down 20 cents from last month
Wheat Balance Sheet
WHEAT BALANCE SHEET: Domestic use projected at 1.198 billion bushels, unchanged from last month
Wheat Balance Sheet
WHEAT BALANCE SHEET: Total use projected at 2.173 billion bushels, unchanged from last month
Wheat Balance Sheet
WHEAT BALANCE SHEET: Area planted projected at 45.6 million acres, unchanged from last month
Wheat Balance Sheet
WHEAT BALANCE SHEET: Imports projected at 135 million bushels, unchanged from last month
Wheat Balance Sheet
Corn production projected at 13.799 billion bushels in September, down 102 million bushels from last month
Ag Production
SOYBEAN BALANCE SHEET: Beginning stocks projected at 1.005 billion bushels, down 65 million bushels from last month
Soybean Balance Sheet
SOYBEAN BALANCE SHEET: Ending stocks projected at 640 million bushels, down 115 million bushels from last month
Soybean Balance Sheet
SOYBEAN BALANCE SHEET: Farm price projected at $8.50/bushel, up 10 cents from last month
Soybean Balance Sheet
SOYBEAN BALANCE SHEET: Crushings projected at 2.115 billion bushels, unchanged from last month
Soybean Balance Sheet
SOYBEAN BALANCE SHEET: Total use projected at 4.018 billion bushels, up 2 million bushels from last month
Soybean Balance Sheet
SOYBEAN BALANCE SHEET: Area planted projected at 76.7 million acres, unchanged from last month
Soybean Balance Sheet
Soybean futures end nearly flat, but hold near 3-month high as USDA cuts production estimate, Corn futures fall by more than 3% (@MarketWatch)
AgToday
CROP PROGRESS: 29% of the corn in the U.S. had matured by September 22nd, compared to 18% last week and 69% last year
Crop Progress
Soybean meal production projected at 49.65 million short tons in September, unchanged from last month
Ag Production
CORN EXPORTS: The United States has exported 44.2 million metric tons of corn so far in 2019, down 15.6% from 2018
Corn
CORN EXPORTS: The United States exported the most corn so far in 2019 to Mexico followed by Japan and Colombia
Corn
CORN EXPORTS: The United States has exported 13.3 million metric tons of corn to Mexico so far in 2019, up 7% from last year
Mexico
CORN EXPORTS: The United States has exported 11.5 million metric tons of corn to Japan so far in 2019, up 5% from last year
Japan
WHEAT EXPORTS: The United States has exported 21.8 million metric tons of wheat so far in 2019, up 26% from 2018
Wheat
WHEAT EXPORTS: The United States has exported the most wheat so far in 2019 to Mexico followed by the Philippines & Japan
Exports
SOYBEAN EXPORTS: The United States has exported 39.3 million metric tons of soybeans so far in 2019, down 22% from last year
Soybeans
WHEAT EXPORTS: The United States has exported 2.1 million metric tons of wheat to Japan so far in 2019, down 8.5% from last year
Japan
WHEAT EXPORTS: The United States has exported 2.6 million metric tons of wheat to Mexico so far in 2019, up 22% from last year
Mexico
WHEAT EXPORTS: The United States has exported 2.3 million metric tons of wheat to the Philippines so far in 2019, up 20% from last year
Philippines
SOYBEAN EXPORTS: The United States has exported the most soybeans so far in 2019 to China followed by the EU-28 and Mexico
Exports
SOYBEAN EXPORTS: The United States has exported 10.7 million metric tons of soybeans to China so far in 2019, down 58% from last year
China
SOYBEAN EXPORTS: The United States has exported 6.6 million metric tons of soybeans to the EU-28 so far in 2019, up 44% from last year
Soybeans
CORN EXPORTS: The United States has exported 3.3 million metric tons of corn to South Korea so far in 2019, down 37.6% from last year
South Korea
CROP CONDITION: 54% of the U.S. soybean crop is rated good or excellent, compared to 54% last week and 64% last year
Crop Progress
CROP CONDITION: 14% of the U.S. soybean crop is rated poor or very poor, compared to 14% last week and 11% last year
Crop Progress
CROP PROGRESS: 94% of the soybeans in the U.S. has dropped leaves, compared to 85% last week and 98% last year
Crop Progress
CROP CONDITION: 13% of the U.S. corn crop is rated poor or very poor, compared to 12% last week and 12% last year
Crop Progress
FEED OUTLOOK: Dried distillers grains with solubles (DDGS) shipments declined 3.5 percent to 11.6 million metric tons (MT) reflecting lower shipments major destinations such as Mexico, Vietnam, Thailand, Turkey, and Ireland
Grain Network
Cattle producers employing wheat pasture as a supplement for pregnant replacement heifers expected to calve in January and February need to use the nutritional resource judiciously.
Cattle Network
CROP PROGRESS: 89% of the winter wheat in Kansas has emerged, compared to 86% last week and 86% last year
Crop Progress
CROP PROGRESS: 100% of the winter wheat in South Dakota has emerged, compared to 98% last week and 97% last year
Crop Progress
CROP PROGRESS: 98% of the soybeans in Iowa have been harvested, compared to 97% last week and 100% last year
Crop Progress
CROP PROGRESS: 100% of the soybeans in Nebraska have been harvested, compared to 99% last week and 99% last year
Crop Progress
CROP PROGRESS: 97% of the soybeans in Kansas have been harvested, compared to 95% last week and 95% last year
Crop Progress
Finding New Uses of Field Corn: A Versatile, Abundant, Sustainably Viable Industrial Feedstock
National Corn Growers Association
Thursday - CBOT March corn futures settled up 6-1/2 cents at $3.77-3/4 per bushel, their biggest single-day advance in nearly 2 weeks.
Market Update
Colorado Corn Growers Association have appointed Nicholas Colglazier their new Executive Director
AgWire
Short Range Forecast: Freeze Warnings and Wind Chill Advisories are in effect across Florida
Market Update
Estimated corn usage for the marketing year to date to produce #ethanol is 2.251 billion bushels, down 18 million or 1% from previous year and matching the seasonal pace needed to hit USDA's target (@ArlanFF101)
Market Update
China will start selling 2.96 million tones of corn from state reserves from Feb 7, to ease feed shortage at some companies in the south, National Grain Trade Center said in a notice published on its website on Tuesday (@moscarielloe)
Market Update
China returns from holiday and buys large quantities of soybeans...from Brazil. US will continue to have to wait for any Phase 1 purchases until a record Brazilian harvest clears the system (Jun? Jul? Aug?) (@davechatterton)
Market Update
MARKET FLASH: The United States and China account for roughly 55% of the world's corn production
Market Update
MARKET FLASH: Brazil is largest producer of soybeans in the world followed by the United States, Argentina, China & Paraguay
Market Update
U.S. corn inspections so far in February have been the biggest yet of 2019/20, but those numbers are less impressive when compared with previous years. U.S. corn shipments are typically strongest March-May (@kannbwx)
Market Update
Approximately 74% of Brazil's total 2019/20 corn production will be safrinha corn planted after the first crop of soybeans are harvested. Brazilian farmers have harvested approximately 30% of their soybeans and they are actively planting their safrinha corn (S&C Advisor)
Market Update
New recommendation suggests holding imported soybean meal an ave. of 125 days to ensure African swine fever virus is sufficiently degraded (@Pork.org)
AgToday
USDA is setting a goal for biofuels to make up 30% of transportation fuels by 2050 (@dtnpf)
Market Update
Farm Futures survey finds farmers intend to increase corn acreage by 7.68% this year to 96.6 million acres. If these plans hold true, this would be the second largest planting on record
Market Update
Corn export inspections are showing some signs of life! After a very slow start to the marketing year, the past 4 weeks have seen solidly better numbers. This week's inspections were a marketing year high
Market Update
U.S. Corn Field Trendline: 2017: 176.6; 2018: 176.4; 2019: 168; 2020 Prediction: 178.5
Market Update
U.S. Soybean Field Trendline: 2017: 49.3; 2018: 51.6; 2019: 47.4; 2020 Prediction: 49.8
Market Update
Most active weekly bean chart. With May currently the front month, beans could be making their way towards this 831'4 gap fill that has been open since last may
Market Update
CBOT soybeans closed at $8.21-3/4 per bushel on Monday. There have been only 5 other trading days since 2008 where the contract closed below that level (4 in May 2019, 1 in Sept 2018). Those were the lowest since Dec. 9, 2008
Market Update
Estimated corn use for the production of ethanol last week was 104.8 million bushels, down from 105.7 million the previous week, but up from 100.1 million the previous year
Market Update
CBOT May corn drops to a contract low of $3.32 per bushel. That is the lowest mark for the most-active contract since Sept. 30, 2016
Market Update
Informa out with new acreage guesses: Corn 95.2 mil, up 1.8 from their prior. Soybeans 85.6 mil, down 0.9 from their prior. All Wheat 45.2 mil, down 0.3 from prior
Market Update
If US producers plant 96.99 million acres and produce 176 bpa yield; could be looking at 3.472 bb carryout with reduced ethanol demand
Market Update
The USDA/NASS farmer survey stunned the market with intended corn plantings of 96.99 million acres, up 8% on the year and up 3% from trade estimates. Corn acres are set to rise over last year in every major state except Kansas, North Dakota, and Kentucky
Market Update
GRAIN STOCKS: Corn stocks in all positions on March 1, 2020 totaled 7.95 billion bushels, down 8 percent from March 1, 2019
Market Update
GRAIN STOCKS: All wheat stored in all positions on March 1, 2020 totaled 1.41 billion bushels, down 11 percent from a year ago
Market Update
GRAIN STOCKS: Soybeans stored in all positions on March 1, 2020 totaled 2.25 billion bushels, down 17 percent from March 1, 2019
Market Update
Prospective Plantings: All wheat planted area for 2020 is estimated at 44.7 million acres, down 1 percent from 2019
Market Update
Prospective Plantings: Soybean planted area for 2020 is estimated at 83.5 million acres, up 10 percent from last year
Market Update
Prospective Plantings: Corn planted area for all purposes in 2020 is estimated at 97.0 million acres, up 8 percent or 7.29 million acres from last year
Market Update
Ethanol production has fallen off a cliff. This was the largest weekly decline ever, bringing production back to levels not seen since September 2013 (CHS Hedging)
Market Update
U.S. soy exports to China, Feb. 2020: 471,761 tonnes of soybeans (17 mbu); Lowest for Feb since 2000
Market Update
Folks I am here to tell you, if we plant 97 million acres of corn, we'll be swimming in corn this year. - Todd Hubbs, ILLINOIS Ag Economist
Market Update
Wheat Outlook (WASDE): The outlook for 2019/20 U.S. wheat is for lower exports, reduced domestic use, and increased ending stocks
Market Update
Feed Grain Outlook (WASDE): Corn used to produce ethanol is lowered 375 million bushels to 5.050 billion
Market Update
Oilseed Outlook (WASDE): U.S. soybean supply and use changes for 2019/20 include lower exports, seed use, and residual use, higher crush, and higher ending stocks
Market Update
The corn market has retreated to its lowest level in six years. Darin Newsom says the U.S. is going to have to find ways to export some corn, because there are few reasons to believe that fuel demand is going to return any time soon
Market Update
In an extremely challenging market environment for the ethanol industry, it's perhaps not surprising that ethanol producers would, in turn, kick against the prices of their raw materials, especially corn
Market Update
The USDA reported soybean oil (Central Illinois R-T) at $24.70, compared to $26.09 last week and $27.19 last year
Feedstuffs
The USDA reported 60% protein corn gluten meal (Midwest -R) at $505.00, compared to $485.00 last week and $385.00 last year
Feedstuffs
The USDA reported hominy feed (Illinois Pts -T) at $110.00, compared to $105.00 last week and $95.00 last year
Feedstuffs
The USDA reported corn gluten feed (Kansas City-T) at $196.50, compared to $196.50 last week and $170.00 last year
Feedstuffs
The USDA reported wheat millrun (Portland -T) at $200.00, compared to $200.00 last week and $170.00 last year
Feedstuffs
The USDA reported wheat middlings (Kansas City -R) at $107.50, compared to $112.50 last week and $75.00 last year
Feedstuffs
The USDA reported DDG's (Nebraska -T) at $212.50, compared to $212.50 last week and $131.00 last year
Feedstuffs
The USDA reported corn oil (Midwest R-T) at $45.75, compared to $46.25 last week and $27.90 last year
Feedstuffs
The USDA reported high protein soybean meal (Kansas City -T) at $300.50, compared to $296.60 last week and $291.00 last year
Feedstuffs
WHEAT EXPORTS: The destinations were primarily to the Philippines (122,500 MT), Italy (93,700 MT), Vietnam (67,100 MT), Thailand (58,000 MT), and Indonesia (55,000 MT)
Exports
CORN EXPORTS: destinations were primarily to the Philippines (122,500 MT), Italy (93,700 MT), Vietnam (67,100 MT), Thailand (58,000 MT), and Indonesia (55,000 MT)
Exports
SOYBEAN EXPORTS: The destinations were primarily to China (210,900 MT), Mexico (65,800 MT), Egypt (50,900 MT), Indonesia (36,500 MT), and Malaysia (25,700 MT)
Exports
Ethanol production for the week ending May 22, 2020 reported a slight increase at 0.663 million barrels a day. Ethanol stocks decreased 0.450 million barrels at 23.15 million barrels
Market Update
National Grain Report: Corn Emerged is at 64 percent which is 36 percent higher than a year ago (VIEW REPORT)
Market Update
America’s top biofuel and farm advocates call on the EPA to offer answers on a new effort to undermine the Renewable Fuel Standard
National Corn Growers Association
$3.00 per bushel has served as a major support level for the past 13 years (@TradesByDav)
Market Update
USDA estimates 2020 #wheat plantings will drop 2% to 44.3 million acres, the lowest since records began in 1919 (@tpolansek)
Market Update
U.S. corn plantings fell by 5.1% between USDA's March and June surveys. That is by far the largest move in either direction in the Freedom to Farm era (1996-present). That decline tops 1995 (-4.4%) and is the largest for March-June since 1983 (-13.6%).
Market Update
Acreage report released today. ND corn planted for all purposes is about 2.4 million acres, down 31% from 2019. Of total acres, 91% planted with biotechnology varieties, down 5 percentage points from 2019. Area to be harvested for grain is about 2.2 million acres, down 30% 2019
Market Update
USDA Grain Stocks Report - Corn Stocks Up Less Than 1 Percent from June 2019 (VIEW REPORT)
Market Update
USDA Acreage Report: Corn planted area for all purposes in 2020 is estimated at 92.0 million acres, up 3 percent or 2.31 million acres from last year (VIEW REPORT)
Market Update
Ethanol production increased for the 9th straight week. Production is getting close to pre covid levels (@hedgeit)
Market Update
Big day for CBOT wheat as most-active futures hit a 1-month high, settling up more than 20 cents/bu on short-covering, spread unwinding & tightening global supplies
Market Update
China purchased 389,000 MT of new crop soybeans in a large export sale reported by USDA this morning (Barchart Soybeans)
Market Update
Chinese buyers inquiring about U.S. corn and wheat on the cash market, although no confirmation of business yet. As expected, buyers are keeping politics separate thus far from filling the rising need back in China
Market Update
USDA confirms the sale of 132,000 tonnes of U.S. soybeans to China for delivery in 2020/21. This is the 8th trading day in a row with a daily sale announcement
Market Update
Corn futures are trading 3/4 to 1 cent higher this morning after overnight weakness. September corn futures closed 1 3/4 cents lower on Friday. That was a 2.03% drop for the week (Barchart Corn)
Market Update
Rainfall in West Central Iowa has been 58% of normal over the last 60 days, one of the driest years on record. WC IA is the 3rd largest corn producing district in the nation, growing 2.7% of the crop (Karen Braun)
Weather
The United States sold 4.13 million tonnes (152 mln bu) of soybeans during the first half of July. That is a record for modern times, and probably for all time (Karen Braun)
Market Update
IOWA WEATHER UPDATE: Mature Iowa corn pumps out roughly 49-56 billion gallons of water into the atmosphere each day! This extra moisture from corn add roughtly 5-10 degrees to the dew point on a hot summer day.
Market Update
China live hog prices are stuck at 6x the U.S. price level. Not weird if you accept that China is NOT a market economy. BTW - China corn is above $8/bu now (Global AgriTrends)
Market Update
USDA had already set the bar high projecting the 2020 U.S. corn yield at a record 178.5 bushels per acre (bpa) but as the first crop production report gets closer August 12, a number of private estimates are exceeding that, some by significant margins (DTN/The Progressive Farmer)
Market Update
We searched through counties with high wind reports related to Monday's Derecho storm. They contain an estimated 17.5 million acres of corn (Arlan Suderman)
Market Update
The USDA reported 1.04 million metric tons of corn inspected for export this week, compared to 1.29 million metric tons last week and 510K metric tons last year
Market Update
NOPA CRUSH: NOPA crush report has crush at a new record for August at 172.794 vs. estimates of 172.0 mb and well above last month’s 167.3 mb and last year’s 168.1 mb (Midwest Market Sol)
Market Update
Private exporters reported to the USDA export sales of 596,000 metric tons of corn for delivery to China during the 2020/2021 marketing year; and 132,000 metric tons of soybeans for delivery to unknown destinations during the 2020/2021 marketing year
Market Update
Record corn values seen in Brazil; Funds have been short in corn for 54 weeks; This the longest lasting fund short (AgriVisor)
Market Update
WASDE CORN: Corn production is forecast at 14.9 billion bushels, down 378 million from last month on a lower yield forecast and reduction in harvested area (VIEW REPORT)
WASDE
WASDE CORN: With supply falling more than use, corn ending stocks are lowered 253 million bushels from last month (VIEW REPORT)
WASDE
WASDE CORN: This month’s 2020/21 U.S. corn outlook is for reduced production, lower corn used for ethanol, larger exports, and smaller ending stocks (VIEW REPORT)
WASDE
WASDE WHEAT: The 2020/21 U.S. wheat supply and demand outlook is unchanged this month but there are offsetting by-class changes for wheat exports. The projected season-average farm price remains at $4.50 per bushel (VIEW REPORT)
WASDE
WASDE WHEAT: The 2020/21 global wheat outlook is for larger supplies, increased consumption, greater exports, and higher stocks (VIEW REPORT)
WASDE
WASDE WHEAT: Canada’s production is increased 2.0 million tons to 36.0 million, primarily on the Statistics Canada forecast issued August 31 (VIEW REPORT)
WASDE
WASDE SOYBEANS: Soybean production is projected at 4.3 billion bushels, down 112 million on a lower yield forecast of 51.9 bushels per acre. Yield is down 1.4 bushels per acre from the August forecast (VIEW REPORT)
WASDE
WASDE SOYBEANS: Soybean and product prices are all projected higher for 2020/21. The U.S. season-average soybean price is forecast at $9.25 per bushel, up 90 cents from last month (VIEW REPORT)
WASDE
WASDE SOYBEANS: U.S. soybean supply and use changes for 2020/21 include lower beginning stocks, production, and ending stocks (VIEW REPORT)
WASDE
Beans and corn made new highs overnight as world reacted to USDA's September WASDE estimates. November beans pushed above $10 for first time in more than 2 1/2-years basis the 2020 contract (BQCI)
Market Update
CORN BALANCE SHEET: Production projected at a 14.9 billion bushels, down 378 million bushels from last month (VIEW REPORT)
WASDE
CORN BALANCE SHEET: Yield per harvested acre projected at a record 178.5 bushels, down 3.3 bushels from last month (VIEW REPORT)
WASDE
CORN BALANCE SHEET: Total supply projected at 17.178 billion bushels, down 353 million bushels from last month (VIEW REPORT)
WASDE
CORN BALANCE SHEET: Area planted projected at 92.0 million acres, unchanged from last month (VIEW REPORT)
WASDE
SOYBEAN BALANCE SHEET: Production projected at 4.313 billion bushels, down 112 million bushels from last month (VIEW REPORT)
WASDE
SOYBEAN BALANCE SHEET: Area harvested projected at 83.0 million acres, unchanged from last month (VIEW REPORT)
WASDE
SOYBEAN BALANCE SHEET: Total supply projected at a record 4.903 billion bushels, down 152 million bushels from last month (VIEW REPORT)
WASDE
SOYBEAN BALANCE SHEET: Yield per harvested acre projected at 51.9 bushels, down 1.4 bushels from last month (VIEW REPORT)
WASDE
WHEAT BALANCE SHEET: Area harvested projected at 36.7 million acres, unchanged from last month (VIEW REPORT)
WASDE
WHEAT BALANCE SHEET: Total supply projected at 3.011 billion bushels, unchanged from last month (VIEW REPORT)
WASDE
WHEAT BALANCE SHEET: Ending stocks projected at 925 million bushels, unchanged from last month. If realized, these will be the lowest wheat ending stocks in 6 years (VIEW REPORT)
WASDE
WHEAT BALANCE SHEET: Yield per harvested acre projected at 50.1 bushels, unchanged from last month (VIEW REPORT)
WASDE
China Makes Series of High-volume Purchases of U.S. Soybeans; Sales Up 20 Percent Over Last Year
Farm Network
WHEAT EXPORTS: Exports of 564,000 MT were down 22 percent from the previous week, but up 2 percent from the prior 4-week average
Exports
WHEAT EXPORTS: Net sales of 335,700 metric tons (MT) for 2020/2021 were down 31 percent from the previous week and 42 percent from the prior 4-week average (VIEW REPORT)
Exports
CORN EXPORTS: Exports of 902,000 MT were primarily to Mexico (213,000 MT), China (209,700 MT), South Korea (138,800 MT), Colombia (118,700 MT), and Japan (114,400 MT)
Exports
CORN EXPORTS: Net sales of 1,609,200 MT for 2020/2021 were primarily for unknown destinations (360,200 MT), China (359,700 MT... (VIEW REPORT)
Exports
SOYBEAN EXPORTS: Exports of 1,732,800 MT were primarily to China (1,089,400 MT), Egypt (113,100 MT), Mexico (104,200 MT), Japan (87,500 MT), and Vietnam (74,100 MT)
Exports
SOYBEAN EXPORTS: Net sales of 2,457,100 MT for 2020/2021 were primarily for China (1,487,100 MT, including 264,000 MT switched from unknown destinations and decreases of 13,900 MT)... (VIEW REPORT)
Exports
DROUGHT MONITOR: 57.52% of the Continental U.S. experiencing some drought, compared to 57.08% last week and 34.19% last year (VIEW REPORT)
Market Update
DES MOINES, IA: Mostly sunny, with a high near 80. South wind 7 to 14 mph, with gusts as high as 20 mph
Weather
CFTC Commitments of Traders report showed funds new net position long +58,556 corn contracts, long +191,774 soybean contracts, long +15,112 wheat contracts, long +59,620 live cattle contracts and long +42,472 lean hog contracts (Allendale)
Market Update
Cash cattle sales last week were mostly higher with Western Iowa at $104-$105’s. The average price last week was $3-4 higher from the previous week (Allendale)
Market Update
CROP PROGRESS: 20% of the winter wheat in the U.S. had been planted by September 20th, compared to 10% last week and 18% last year
Crop Progress
CROP PROGRESS: 15% of the soybeans in the U.S. had been harvested by September 20th, compared to NA last week and 10% last year
Crop Progress
CROP PROGRESS: 3% of the corn in North Dakota had been harvested by September 20th, compared to 0% last week and 0% last year (VIEW REPORT)
Crop Progress
CROP PROGRESS: 10% of the corn in Nebraska had been harvested by September 20th, compared to 4% last week and 2% last year
Crop Progress
CROP PROGRESS: 4% of the corn in Iowa had been harvested by September 20th, compared to 1% last week and 0% last year (VIEW REPORT)
Crop Progress
CROP PROGRESS: 16% of the corn in Kansas had been harvested by September 20th, compared to 8% last week and 16% last year
Crop Progress
CROP PROGRESS: 69% of the corn in Texas had been harvested by September 20th, compared to 67% last week and 63% last year (VIEW REPORT)
Crop Progress
CROP PROGRESS: 8% of the corn in the U.S. had been harvested by September 20th, compared to 5% last week and 6% last year (VIEW REPORT)
Crop Progress
CROP CONDITION: 61% of the U.S. corn crop is rated good or excellent, compared to 60% last week and 57% last year
Crop Progress
As expected, a fair amount of harvest took place in the US last week. Corn harvest is now 8% complete and soybean harvest is 6% harvested. This is as expected on soybeans but a slightly lower than estimated corn figure (AgriVisor)
Market Update
China corn futures reach a record $9.06/bu; Canola at 2 year highs; Winter wheat 20% planted (AgriVisor)
Market Update
The grain markets followed the stock market lower yesterday. Corn conditions improved by 1% nationwide to 61% good/excellent vs 60% G/E last week (Agtegra)
Market Update
Beans are under pressure with China getting closer to being covered with US beans and fear of heavy farmer selling at harvest. The USDA announced more export sales yesterday of 132 tmt to China, 132 tmt to Pakistan, and 171 tmt to unknown (Agtegra)
Market Update
SCHWIETERMAN CORN: For the time being, the $3.56 area is a good downside target in the December contract and we will use a breaks are for buying mentality (VIEW REPORT)
Market Update
