U.S. Dollar Leans Heavy on Soybean Prices, Are HPAI Worries Behind Us?
Click Below To Watch The Full Interview Grain Market News: The weather has not been a real threat to planting progress in the U.S. with the recent moisture, the market has viewed this as mostly bearish, considering how dry parts of Iowa, Minnesota, South Dakota, and Nebraska are. Planting delay worries for corn won’t come […]
Corn Price Action; difficult but not impossible
Corn: Corn trade on Tuesday was extremely frustrating to watch. The total gain from last Thursday’s post report rally was lost and it appeared the down trend was going to continue. The market seems to inflict the most amount of pain. Running through the sell stops that were put in place for anyone that bought on report […]
USDA Grain Stocks
Corn dips beyond estimates, Wheat comes in on target. According to the USDA, as of September 1, 2023, marking the official conclusion of the 2022-23 marketing year, there were 1.36 billion bushels of corn held in storage. This figure falls within the lower range of pre-report expectations and is a result of the USDA’s revision […]
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
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 Inspections, Corn Lower Than Expected Soy and Wheat at High Forecast
USDA Weekly Export Inspections, Corn Misses Low Expectations, Soybeans & Wheat Come in At High-End Projections. Asian trading saw firmer Chicago soybean futures on Monday due to concerns over reduced production in drought-hit Argentina and support from strong US exports this month, despite some relief from recent rains. The most-active soybean contract on the […]
