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Tag "corn stocks"

Grain Markets: USDA Reports Provided Some Surprises

Grain Markets: USDA Reports Provided Some Surprises

👤By Todd Hubbs, University of Illinois Ag Economist 🕔Jan 16, 2018

The USDA released a set of reports on January 12 containing information with implications for corn and soybean prices in 2018. The National Agricultural Statistics Service (NASS) released the final estimates of the 2017 U.S. corn and soybean crops and

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WASDE Coarse Grains: Larger U.S. Corn Production, Decreased Demand

WASDE Coarse Grains: Larger U.S. Corn Production, Decreased Demand

👤From USDA 🕔Jan 12, 2018

This month’s 2017/18 U.S. corn outlook is for larger production, increased food, seed, and industrial use (FSI), lower feed and residual use, and greater stocks. Corn production is estimated at 14.604 billion bushels, up 26 million from last month as

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Grain Markets: Anticipating Dec. 1 Corn Stocks

Grain Markets: Anticipating Dec. 1 Corn Stocks

👤By Todd Hubbs, University of Illinois Ag Economist 🕔Dec 18, 2017

The USDA releases the estimate of corn stocks held in the U.S. on January 12. On the same date, the final estimate of the size of the 2017 corn crop is revealed. The estimates show the level of corn consumption

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WASDE Coarse Grains: Increased Corn Usage, Reduced Corn Stocks

WASDE Coarse Grains: Increased Corn Usage, Reduced Corn Stocks

👤From USDA 🕔Dec 12, 2017

This month’s 2017/18 U.S. corn outlook is for increased corn used to produce ethanol and reduced ending stocks. Corn used to produce ethanol is raised 50 million bushels to 5.525 billion, based on increased sorghum export commitments, and the most

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Grain Markets: Corn Supply A Burden To Prices

Grain Markets: Corn Supply A Burden To Prices

👤By Todd Hubbs, University of Illinois Ag Economist 🕔Nov 13, 2017

The USDA’s Crop Production report released on November 9 reported an unexpectedly large corn yield increase for the 2017 crop. Corn prices suffered a moderate decline following the report release considering the magnitude of the yield increase. Corn prices will

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WASDE Coarse Grains: Increased U.S. Corn Demand Offset by Higher Production

WASDE Coarse Grains: Increased U.S. Corn Demand Offset by Higher Production

👤From USDA 🕔Nov 9, 2017

This month’s 2017/18 U.S. corn outlook is for larger production, increased feed and residual use and exports, and greater ending stocks. Corn production is forecast at 14.578 billion bushels, up 298 million from last month on a record-high yield. Feed

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Grain Markets: Moving Forward After the Oct. Reports

Grain Markets: Moving Forward After the Oct. Reports

👤By Todd Hubbs, University of Illinois Ag Economist 🕔Oct 16, 2017

The release of USDA’s October reports created a rally in soybean prices that pushed November soybean futures prices to levels not seen since the end of July. Corn prices saw a much more muted response. The question is will the

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WASDE Coarse Grains: Larger U.S. Corn Production Offsets Increased Usage

WASDE Coarse Grains: Larger U.S. Corn Production Offsets Increased Usage

👤From USDA 🕔Oct 12, 2017

This month’s 2017/18 U.S. corn outlook is for larger production, increased feed and residual use, and nearly unchanged ending stocks. Corn production is forecast at 14.280 billion bushels, up 96 million from last month. Corn supplies are higher, as a

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Grain Markets: Corn Prices Unlikely to Find Support from Sept. Stocks Report

Grain Markets: Corn Prices Unlikely to Find Support from Sept. Stocks Report

👤By Todd Hubbs, University of Illinois Ag Economist 🕔Sep 25, 2017

Corn prices continue to reflect the presence of a large old crop ending stock and higher than expected corn production. The USDA will release the Quarterly Grain Stocks report on September 29. The report will provide an indication of corn use during

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WASDE Coarse Grains: Increased U.S. Corn Production Offsets Higher Corn Usage

WASDE Coarse Grains: Increased U.S. Corn Production Offsets Higher Corn Usage

👤From UDSA 🕔Sep 12, 2017

This month’s 2017/18 U.S. corn outlook is for increased production, greater feed and residual use, higher ending stocks, and lower prices. Corn production is forecast at 14.184 billion bushels, up 32 million from last month. Corn supplies are up from

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