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Tag "grain commentary"

Grain Prices to Remain Flat as U.S. Inventory Excess Is Consumed

Grain Prices to Remain Flat as U.S. Inventory Excess Is Consumed

👤By Blair Fannin, Texas AgriLife Extension 🕔Jan 19, 2018

Bumper corn yields and excess supply will continue to pressure prices lower during the first half of 2018, according to a Texas A&M AgriLife Extension Service economist. Dr. Jason Johnson, AgriLife Extension economist in Stephenville, told attendees at the Blackland

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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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Wheat Market: Sustained Demand in a New Price Environment

Wheat Market: Sustained Demand in a New Price Environment

👤By Stephanie Bryant-Erdmann, USW Market Analyst 🕔Jan 11, 2018

Six months into marketing year 2017/18 (June to May), total U.S. export sales of 19.5 million metric tons (MMT) are 8 percent behind last year’s pace according to USDA Export Sales data through Jan. 4. However, the estimated total value

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Grain Markets: Updating Corn and Soybean Export Pace

Grain Markets: Updating Corn and Soybean Export Pace

👤By Todd Hubbs, University of Illinois Ag Economist 🕔Jan 8, 2018

On January 12, the USDA will release a flood of reports that will provide some clarifying information for corn and soybean markets in the 2017-18 marketing year. At present, the pace of soybean and corn exports carry concerns for consumption

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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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Wheat Market: Futures Tumble, While Protein Premiums Soar

Wheat Market: Futures Tumble, While Protein Premiums Soar

👤By Stephanie Bryant-Erdmann, USW Market Analyst 🕔Dec 14, 2017

As the Dec. 12 World Agricultural Supply and Demand Estimate (WASDE) confirms, global wheat supplies are at a record high this year. USDA increased its estimate for 2017/18 global wheat production to 755 million metric tons (MMT), up slightly from

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Grain Markets: Corn Use for Ethanol Update – Podcast

Grain Markets: Corn Use for Ethanol Update – Podcast

👤By Todd Hubbs, University of Illinois Ag Economist 🕔Dec 11, 2017

Listen ot MP3 Podcast The recent strength in ethanol production has led to speculation about changes to USDA’s estimate of corn used for ethanol in the pending WASDE report. Ethanol production for the week ending December 1 set a new

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Grain Markets: Soybean Export Prospects for 2017-18

Grain Markets: Soybean Export Prospects for 2017-18

👤By Todd Hubbs, University of Illinois Ag Economist 🕔Nov 20, 2017

U.S. soybean exports will play a significant role in determining soybean prices this marketing year. The recent level of soybean exports from the United States trails last year’s pace. The prospect of ending stocks for soybeans once again diminishing throughout

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Ag Trade: Reviewing the U.S.-Korea Free Trade Agreement

Ag Trade: Reviewing the U.S.-Korea Free Trade Agreement

👤By Kathy Baylis, Jonathan Coppess, and Qianting Xie, University of Illinois Ag Economists 🕔Nov 16, 2017

While overshadowed by concerns about North Korea, trade discussions loomed large in President Trump’s recent trip to Asia. Earlier statements from the Administration have raised concerns about the bilateral free trade agreement with South Korea. The South Korea-U.S. Free Trade

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What Is the Impact of Supply Management Programs on U.S. Exports? – Commentary

What Is the Impact of Supply Management Programs on U.S. Exports? – Commentary

👤By Harwood D. Schaffer and Daryll E. Ray, Agricultural Policy Analysis Center 🕔Nov 15, 2017

We have heard over and over again from people who do not like crop supply management programs. They tell us that these programs put a cap on exports, particularly corn exports and especially if loan rates are near the full

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