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Tag "corn trade"

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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Global Markets: Corn – Competition in South Korea’s Feed Market

Global Markets: Corn – Competition in South Korea’s Feed Market

👤From USDA 🕔Oct 13, 2017

South Korea is a price sensitive market for feed grains, basing its buying decisions on the price competitiveness of alternative feeds. South Korea is also one of the world’s largest importers of corn, driven by a consistently robust demand for

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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: Commercials Turn Net Long – DTN

Grain Markets: Commercials Turn Net Long – DTN

👤By Todd Neeley, DTN Staff Reporter 🕔Sep 20, 2017

After USDA disappointed many again with a corn yield estimate of 169.9 bushels per acre, my first thought went directly to commercials, wondering if they would be buying corn as December prices dipped near their August lows. After all, securing

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Grain Markets: Taiwan Goodwill Mission Pledges To Purchase 5 Mln Tons Of U.S. Corn

Grain Markets: Taiwan Goodwill Mission Pledges To Purchase 5 Mln Tons Of U.S. Corn

👤By Melissa Kessler, U.S. Grains Council 🕔Sep 13, 2017

Members of the 2017 Taiwan Agricultural Goodwill Mission pledged Wednesday to purchase 5 million metric tons (197 million bushels) of U.S. corn and 500,000 tons of U.S. distiller’s dried grains with solubles (DDGS) between 2018 and 2019. The commitment was

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Global Markets: Grains – South America Corn Exports Soar

Global Markets: Grains – South America Corn Exports Soar

👤From USDA 🕔Sep 13, 2017

Brazil and Argentina have doubled their share of global corn exports over the past decade and are expected to garner nearly half in 2017/18. Both countries are forecast to have record exports while U.S. exports and market share are expected

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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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Corn, Sorghum: U.S. Feed Grain Exports Break Record in 2016-2017

Corn, Sorghum: U.S. Feed Grain Exports Break Record in 2016-2017

👤From the U.S. Grains Council 🕔Sep 8, 2017

The U.S. government released international trade figures for July on September 6, the eleventh month of data for the 2016/2017 marketing year for corn and sorghum. With just one month of data still unpublished, U.S. exports of feed grain in

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Welch on Grain: Corn Exports Surpass USDA Projections; Sorghum Still Lagging

Welch on Grain: Corn Exports Surpass USDA Projections; Sorghum Still Lagging

👤By Mark Welch, Texas AgriLife Extension Ag Economist 🕔Sep 1, 2017

Market Situation Crop Progress. The crop condition index for U.S. corn held steady this week at 361. The average index rating for late August is 358. After tracking just below average for most of year, the index has been equal

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Grain Markets: Corn and Soybean Yield Forecasts Larger Than Expected

Grain Markets: Corn and Soybean Yield Forecasts Larger Than Expected

👤By Todd Hubbs, University of Illinois Ag Economist 🕔Aug 14, 2017

The USDA’s August Crop Production report contained larger than expected forecasts for the 2017 U.S. corn and soybean crops. At 169.5 bushels per acre and 49.4 bushels per acre respectively, the corn and soybean yields came in above trade expectations.

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