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Tag "corn trade"

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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Global Markets: Corn – Colombia A Promising Market for U.S. Growers

Global Markets: Corn – Colombia A Promising Market for U.S. Growers

👤From USDA 🕔Aug 11, 2017

After Mexico, Colombia is the second-largest market for U.S. corn in the Western Hemisphere. Because Colombia does not produce enough yellow corn domestically, it is heavily reliant on imports to meet growing demand from its pork and poultry industries. U.S.

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Global Markets: Grains – Mexico Grows as Grain Importer, Supplied Primarily by U.S.

Global Markets: Grains – Mexico Grows as Grain Importer, Supplied Primarily by U.S.

👤From USDA 🕔Aug 11, 2017

Over the past decade, Mexico has expanded its role as a top grain importer, nearly doubling its combined imports of corn, wheat, and rice over this period. Mexico’s imports are now forecast to slightly exceed those of Japan, which for

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WASDE Coarse Grains: Reduced U.S. Corn Production, Demand

WASDE Coarse Grains: Reduced U.S. Corn Production, Demand

👤From USDA 🕔Aug 10, 2017

This month’s 2017/18 U.S. corn outlook is for lower supplies, reduced feed and residual use and exports, and a decline in ending stocks. Corn production is forecast at 14.2 billion bushels, down 102 million from the July projection. The season’s

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Grain Markets: Strong Export Demand in 2016-17; Will It Last?

Grain Markets: Strong Export Demand in 2016-17; Will It Last?

👤By Todd Hubbs, University of Illinois Ag Economist 🕔Aug 7, 2017

While market observers focus on the changing outlook for corn and soybean yields brought on by the shift in weather patterns over the last few weeks, export markets continue to reveal consumption information relevant to price formation during the current

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WASDE Coarse Grains: Higher Domestic Corn Production, Usage, Ending Stocks

WASDE Coarse Grains: Higher Domestic Corn Production, Usage, Ending Stocks

👤From USDA 🕔Jul 12, 2017

This month’s 2017/18 U.S. corn outlook is for larger supplies, greater feed and residual use, and higher ending stocks. Corn beginning stocks are raised 75 million bushels reflecting lower feed and residual use in 2016/17 based on indicated disappearance during

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Farm Policy: Interesting Observations from USDA’s Ag Trade Data

Farm Policy: Interesting Observations from USDA’s Ag Trade Data

👤By Keith Good, Farm Policy News 🕔Jul 10, 2017

Late last week, the U.S. Department of Agriculture updated its monthly agricultural trade data.  The data contained some interesting information with respect to U.S. agricultural exports. The U.S. ran a small, but very rare monthly agricultural trade deficit in May; and,

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Grain Markets: Anticipating the June 30 Grain Stocks Report

Grain Markets: Anticipating the June 30 Grain Stocks Report

👤By Todd Hubbs, University of Illinois 🕔Jun 19, 2017

USDA’s release of the Quarterly Grain Stocks report on June 30 will provide an estimate of corn stocks in storage as of June 1, 2017. Since many of the consumption categories for corn can be derived from data provided during

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Corn Prices Try to Climb for the Third Summer in a Row – DTN

Corn Prices Try to Climb for the Third Summer in a Row – DTN

👤By Todd Hultman DTN Analyst 🕔Jun 15, 2017

The old saying “Fool me once shame on you; fool me twice shame on me” comes to mind when pondering corn as we again see prices trying to move higher for the third summer in three years. The first two

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Feed Grain Outlook: Projected U.S. Corn Price Lowered, Global Coarse Grain Production Down

Feed Grain Outlook: Projected U.S. Corn Price Lowered, Global Coarse Grain Production Down

👤From USDA 🕔Jun 13, 2017

The season-average price of corn is lowered $0.05 per bushel to $3.35 for the 2016/17 crop. Sorghum use for 2016/17 is lowered 5 million bushels on lower projected sorghum used for ethanol. The season-average price for barley in 2017/18 is

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