CME: Crop Condition Bad, but Not the Worst
You know you are in trouble when things are better simply because they aren’t as bad as they were expected to be. Such is the case with the corn market after USDA’s crop condition ratings came in...
View ArticleSchwieterman: Boxed Beef Prices Remain Strong, All-time Highs for Choice...
Corn Estimated Fund Position Trends Short Term: Up Net Long Futures and Options: 87887 Long Term: Up...
View ArticleCME: USDA Acreage and Grain Stocks Reports
Market Comments USDA released this morning the results of two important surveys, the ‘Grain Stocks’ and ‘Acreage’ reports. We have provided a detailed summary of the results, including prereport...
View ArticleUSDA Releases Planted Crop Acreage Report
Jun. 29, 2012 U.S. farmers planted 96.4 million acres of corn, up 5 percent from last year, making it the highest corn acreage in the last 75 years, according to the Acreage report released today by...
View ArticleCattle Outlook: Hot, Dry Weather Continues
Hot, dry weather continues over much of the country. USDA says only 56% of the corn crop was in good or excellent condition on June 24. That compares to 63% good or excellent the week before, and 68% a...
View ArticleCME Daily Livestock Report: Corn Crop in Trouble
There is plenty of anticipation ahead of the latest USDA WASDE report as trade continues to debate the potential impact of drought conditions on the current corn crop. The USDA crop progress update...
View ArticleIn The Cattle Markets: WASDE – Corn Yield Down 12%, Beef production Up 90...
Corn Yield Slashed The World Agricultural Outlook Board of USDA released their monthly World Agricultural Supply and Demand Estimates report (WASDE) this morning, July 11. The report revealed what...
View ArticleU of Ill: USDA Jolts the Markets
The USDA’s World Agricultural Outlook Board (WAOB) released the monthly WASDE report this morning. Several changes were made in supply and consumption projections for corn and soybeans. By far the most...
View ArticleCME Daily Livestock Report: Demand Measurement
“Demand is the problem!” is a declaration we hear often when meat prices falter. Sometimes the statement is true and sometimes it is not. One challenge is that the validity of the statement is very...
View ArticleEvaluating Corn and Soybean Consumption Projections
On February 8, the USDA released new projections for marketing year consumption of U.S. corn and soybeans. Prices will now be at least partially influenced by how closely the rate of consumption...
View ArticleHow Good is the 2013 Crop Insurance Safety Net?
At first glance, the projected prices per bushel look good at $5.65 for corn, $12.87 for soybeans and $8.44 for spring wheat. The 2013 projected prices for crop insurance are known, so producers are...
View ArticleCorn and Soybean Production Prospects Continue to Evolve
The corn and soybean markets continue to reflect uncertainty about the potential size of the 2013 U.S. corn and soybean crops. Over the past month, December 2013 corn futures have traded in an $0.80...
View ArticleCorn Export Sales Up 150%, Sorghum Exports Double
Exports of both U.S. corn and U.S. sorghum finished the 2013/2014 market year strong, with increases of more than 150 percent and 200 percent over the same time period last year, respectively. As of...
View ArticleThe Changing Landscape Of Corn And Soybean Production And Potential Implications
It is generally accepted that trends toward higher corn and soybean prices began in December 2006 and coincided with increased use of corn for ethanol production (farmdoc daily February 27, 2013 and...
View ArticleChina is the Key to Sorghum Plantings in 2015
URBANA, Ill. – China’s entrance into the U.S. sorghum market began in September 2013, roughly coinciding with the import ban of a type of genetically modified corn, MR162. Since then, U.S. sorghum...
View ArticleCorn and Soybean Market Update: Acres and Inventories
The United States Department of Agriculture’s National Agricultural Statistics Service (USDA-NASS) recently released two highly anticipated reports for the crop sector one week ago, on Tuesday, March...
View ArticleStudy Shows the Changes in Crop Planting Over the Last 25 Years
Over the past 25 years, there have been shifts in crops planted in the United States. Overall, acres in feed grain crops decreased while acres in oilseed crops increased. Feed grain crops losing acres...
View ArticleForage Seeding; Do you always have time to do it over?
– Dr. Jimmy Henning, Extension Professor, Forage Specialist, University of Kentucky You always find time to do it over. My father used to tell me, “You never have time to do it right, but you always...
View ArticleCrop Report Helps Out Livestock
David P. Anderson, Professor and Extension Economist, Department of Agricultural Economics, Texas A&M University USDA released its August crop report on the 10th with some real surprises for the...
View ArticleLong-term Grain Storage Requires Good Management
Clean the grain and storage bins, control grain temperatures and check for insects. The amount of grain in storage in North Dakota continues to increase. Corn stocks on Sept. 1 were up 161 percent from...
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