As Harvest Approaches, Crop Conditions See Lowest Rating in Over a Decade.
Corn🔹(G+E%) 53-3 pts WoWSoybeans🔹(G+E%) 53-5 pts WoW Soybeans led the overnight price gains, with corn and soybeans being supported by deteriorating crop condition ratings during overnight trade, while wheat also traded higher. As of 6:30 a.m. CT, corn futures were trading mostly 2 cents higher, soybeans were 11 to 13 cents higher, winter wheat markets […]
Crop Conditions
Corn🔹(G+E%) 61 -3% WoW Soybeans🔹(G+E%) 59 -3% WoW Spring Wheat🔹(G+E%) 60 -4% WoW Winter Wheat🔹(G+E%) 38 +2% WoW Crop conditions face concerns about continued dryness in the U.S. Midwest is underpinning corn and soybeans. Farmers and traders now want to see rain actually falling and not just forecast, despite some rain in the forecasts this […]
USDA Grain Export Sales
Corn and Wheat Post NET Negative Sales Soybeans Sputter Corn💠- 338,974 MT Soybeans💠16,950 MT Wheat 💠-42,198 MT
USDA Grain Export Sales
Corn Rebounds, Soybeans and Wheat Drop. Corn💠257,279 MT Soybeans💠62,170 MT Wheat 💠26,263 MT The risk of loss in trading futures and/or options is substantial and each investor and/or trader must consider whether this is a suitable investment. Past performance, whether actual or indicated by simulated historical tests of strategies, is not indicative of future results.
April WASDE Report
USDA WASDE Leaves Corn, Soybeans Unchanged. Wheat Ending Stocks Rose as Expected. Corn💠295.4 MMT Soybeans💠100.3 MMT Wheat 💠265.1 MMT CORN-The USDA did not make many changes to the corn supply and demand for the 2022-23 crop, as the ending stocks remained unchanged at 1.342 billion bushels (bb), despite pre-report estimates that anticipated a reduction. Additionally, […]
Grain Export Inspections; Soybeans and Wheat Lower, Corn Turns Higher
USDA Export Inspections Week Ending 3/2 Corn💠899,810 MT Since last week, there have been 250,507 MT more export checks. In comparison to last week, inspections are currently 38.3% behind where they were a year ago. Exports are expected to total 1.925 billion bu. in 2022–2023, a 22.0% decrease from the prior marketing year. […]
Today’s USDA Inspections of Grain Exports
USDA Grain Export Inspections Soybeans Inspected Lowest Since October ’22 Corn💠572,622 MT Corn export inspections is down 51,173 MT from the previous week. Comparatively to last week, inspections are now 38.3% behind where they were a year ago. The USDA forecasts 1.925 billion bu. in exports in 2022–2023—a 22.0% decrease from the prior marketing […]
USDA Export Sales
USDA Grain Export Sales Corn Exports 💠 823,200 MMT Soybean Exports 💠 544,900 MMT Wheat Exports 💠 338,800 MMT Breakdown of the USDA Export sales, Week Ending 2/16/23 Corn Exports of 687,400 MT were up 3 percent from the previous week and 7 percent from the prior 4-week average. The destinations were primarily to […]
USDA’s Export Inspections
USDA Grain Export Inspections USDA’s latest grain export inspections, released Monday morning for the week through January 19, Despite moderate week-over-week declines, soybeans turned in the strongest performance, staying near the upper end of trade estimates. Corn volume trended slightly lower, while wheat volume slightly increased. Corn Last week, corn export inspections decreased […]
IGC Grain Stocks
IGC Grain Stocks Report International Grains Council (IGC) first grain market report of 2023 revealed a trend continuing from previous year. Global carryover stocks for total grains (wheat and coarse grains) fell 3 million tonnes from the previous forecast to 577 million tonnes, an eight-year low. The report also noted that the stocks-to-use ratio of […]
