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Tag "Dr. Mark Welch"

Welch on Grain: Domestic, Global Corn Production Increases Offset by Increased Consumption

Welch on Grain: Domestic, Global Corn Production Increases Offset by Increased Consumption

👤By Mark Welch, Texas AgriLife Extension 🕔Oct 13, 2017

Market Situation WASDE. Today’s World Agricultural Supply and Demand Estimates showed another increase in the average yield of the U.S. corn crop, up 1.9 bushels per acre to 171.8. This raised the size of the U.S. corn crop by 96

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Welch on Wheat: Domestic, Global Supplies Raised

Welch on Wheat: Domestic, Global Supplies Raised

👤By Mark Welch, Texas AgriLife Extension Ag Economist 🕔Oct 13, 2017

Market Situation WASDE. The U.S. wheat supply numbers in today’s World Agricultural Supply and Demand Estimates were given last month in the Small Grains Summary: a small decrease in harvested area and a 0.7 bushel per acre increase in yield.

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Welch on Wheat: Stocks Below Last Year but Above Average

Welch on Wheat: Stocks Below Last Year but Above Average

👤By Mark Welch, Texas AgriLife Extension Ag Economist 🕔Oct 3, 2017

Market Situation Small Grains Summary. Ahead of last Friday’s Small Grains Summary, the average trade guess was for USDA to lower 2017/18 wheat production. Instead, production increases in the spring wheat crop resulted in a small increase in wheat production

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Welch on Grain: Corn Stocks Below Expectations, Still Well Above Average

Welch on Grain: Corn Stocks Below Expectations, Still Well Above Average

👤By Mark Welch, Texas AgriLife Extension Ag Economist 🕔Oct 3, 2017

Market Situation Grain Stocks. The Grain Stocks report from USDA last week showed corn in all positions as of September 1 at 2.295 billion bushels, up 32 percent over last year and 76 percent above the most recent five-year average.

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Welch on Wheat: Exports Just Below USDA’s Weekly Pace

Welch on Wheat: Exports Just Below USDA’s Weekly Pace

👤By Mark Welch, Texas AgriLife Extension Ag Economist 🕔Sep 26, 2017

Market Situation Crop Progress. Winter wheat planted for the week of September 24th is 24 percent, reported in today’s Crop Progress from USDA. That is just behind the five-year average of 28%. The Weekly Ag Report from the Buenos Aires

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Welch on Grain: Strong Demand for Cattle, Poultry Feed

Welch on Grain: Strong Demand for Cattle, Poultry Feed

👤By Mark Welch, Texas AgriLife Extension Ag Economist 🕔Sep 26, 2017

Market Situation Crop Progress. The crop condition index for U.S. corn increased one point this week, very close to normal levels and consistent with seasonal patterns. The crop index this week is 358 and the average for late September is

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Welch on Wheat: Strong Exports Continue, Gulf Shipments Resume

Welch on Wheat: Strong Exports Continue, Gulf Shipments Resume

👤By Mark Welch, Texas AgriLife Extension 🕔Sep 19, 2017

Market Situation Crop Progress. Winter wheat planted for the week of September 17th is 13 percent, reported in today’s Crop Progress from USDA. That is just behind the five-year average of 15%. In the September Australian Crop Report from the

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Welch on Grain: Corn, Sorghum Exports Start Marketing Year Off Strong

Welch on Grain: Corn, Sorghum Exports Start Marketing Year Off Strong

👤By Mark Welch, Texas AgriLife Extension 🕔Sep 19, 2017

Market Situation Crop Progress. The crop condition index for U.S. corn was unchanged again this week at 357. There were no changes in any of the rating categories for the third week in a row. The average crop index for

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Welch on Wheat: World Carryout Lowered, Still at 20 Year High

Welch on Wheat: World Carryout Lowered, Still at 20 Year High

👤By Mark Welch, Texas AgriLife Extension Ag Economist 🕔Sep 13, 2017

Market Situation WASDE. No changes were made to U.S. wheat supply or use numbers in this morning’s World Agricultural Supply and Demand Estimates. The season average farm price estimate for 2017/18 was reduced by 20 cents per bushel to $4.60.

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Welch on Grain: USDA Raises Corn Yield, Ending Stocks

Welch on Grain: USDA Raises Corn Yield, Ending Stocks

👤By Mark Welch, Texas AgriLife Extension Ag Economist 🕔Sep 13, 2017

Market Situation WASDE. The surprising feature in the U.S. corn numbers in today’s World Agricultural Supply and Demand Estimates was an increase to the average yield. USDA lowered the yield number in August from 170.7 bushels per acre to 169.5

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