The Latest

Upcoming Events


Send press releases to Ernst@Agfax.com.

View All Events


Send press releases to Ernst@Agfax.com.

View All Events

Back to homepage

Tag "grain commentary"

Wheat Market: USDA Projects Shifting Supplies, Location Will Impact Quality, Availability

Wheat Market: USDA Projects Shifting Supplies, Location Will Impact Quality, Availability

👤By Stephanie Bryant-Erdmann, USW Market Analyst 🕔Oct 19, 2017

USDA expects a lower world wheat production in 2017/18 of 751 million metric tons (MMT) (27.6 billion bushels), down slightly from the record high 754 MMT (27.7 billion bushels) in 2016/17 but 5 percent above the 5-year average. If realized,

Read Full Article
Soybean Market: Bullish Scenario Brewing – DTN

Soybean Market: Bullish Scenario Brewing – DTN

👤By Todd Hultman, DTN Analyst 🕔Oct 18, 2017

By now, you have heard USDA lowered its estimate of U.S. ending soybeans stocks from 475 million bushels to 430 mb for 2017-18 in Thursday’s WASDE report and watched November soybeans jump up 28 cents last week to its highest

Read Full Article
Grain Markets: Expectations for Corn, Soybean Prices over Next 5 Years

Grain Markets: Expectations for Corn, Soybean Prices over Next 5 Years

👤By Gary Schnitkey and Todd Hubbs, University of Illinois Ag Economists 🕔Oct 18, 2017

Many farm decisions are aided by having longer-run projections of corn and soybean prices. For example, determining the appropriate level of cash rents is aided by price projections. In this article, several longer-termed projections are presented. For the 2017 marketing

Read Full Article
China Increasing Soybean Imports, 4.4 billion bushels by 2022 – DTN

China Increasing Soybean Imports, 4.4 billion bushels by 2022 – DTN

👤By Lin Tan, DTN China Correspondent 🕔Oct 17, 2017

China will import 95 million metric tons of soybeans in 2017/18 crop year, (3.49 billion bushels) then keep increasing imports an average 3.5 million tons per year for the following five years. In total, the country plans to import 110

Read Full Article
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

Read Full Article
Grain Market: Proper Storage Can Extend “Old Corn” Life Indefinitely – DTN

Grain Market: Proper Storage Can Extend “Old Corn” Life Indefinitely – DTN

👤By Elaine Kub, DTN Contributing Analyst 🕔Oct 13, 2017

Today — October 11, 2017 — is exactly 100 years since the day my great-grandfather penciled the “built-on” date inside the big red barn on our family’s farm. We had a good old-fashioned barn dance to celebrate last weekend, which

Read Full Article
Wheat Prices: How Low Can They Go? – DTN

Wheat Prices: How Low Can They Go? – DTN

👤By Emily Unglesbee, DTN Staff Reporter 🕔Oct 6, 2017

After several days of rainfall, Kansas wheat farmer Rick Horton was spending the morning in his truck, hunting for fields dry enough to drill wheat. The time was right, but the weather was not cooperating. A nagging question hangs over

Read Full Article
Wheat Market: USDA Reports Smallest U.S. Harvested Area in 127 Years

Wheat Market: USDA Reports Smallest U.S. Harvested Area in 127 Years

👤By Stephanie Bryant-Erdmann, USW Market Analyst 🕔Oct 5, 2017

USDA’s Sept. 30 Small Grains Summary reported that U.S. farmers harvested 37.6 million acres (15.2 million hectares) of wheat for the 2017/18 crop, a 14 percent reduction from 2016/17 and the smallest harvested area since 1890. USDA estimated U.S. 2017/18

Read Full Article
Grain Markets: Sept. 1 Stocks Estimates Provide Muted Support for Prices

Grain Markets: Sept. 1 Stocks Estimates Provide Muted Support for Prices

👤By Todd Hubbs, University of Illinois Ag Economist 🕔Oct 2, 2017

Corn and soybean prices continue to be focused on the possibility of large U.S. production levels in 2017. The USDA’s estimates of September 1, 2017 grains stocks released on Friday provided an indication of increased consumption for both corn and

Read Full Article
Grain: USDA Reports Flash – DTN

Grain: USDA Reports Flash – DTN

👤By Emily Unglesbee DTN Staff Reporter 🕔Sep 29, 2017

Old-crop (2016-17) corn ending stocks have swelled to a 30-year record of 2.295 billion bushels, according to estimates published in USDA’s quarterly Grain Stocks report Friday. While up 32% from last year, that number actually came in below pre-report analyst

Read Full Article