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Tag "grain commentary"

Grain Markets: Assessing the Prospects for 2017 Corn Production

Grain Markets: Assessing the Prospects for 2017 Corn Production

👤By Todd Hubbs, University of Illinois Ag Economist 🕔Aug 21, 2017

The August Crop Production report surprised many market observers by forecasting 2017 corn production at 14.153 billion bushels. In particular, the corn yield forecast of 169.5 bushels per acre came under scrutiny due to higher than expected yield forecasts in

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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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Corn, Soybeans: Updated 2017-18 Supply, Demand, and Price Prospects – Video

Corn, Soybeans: Updated 2017-18 Supply, Demand, and Price Prospects – Video

👤By Todd Hubbs and Darrel Good, University of Illinois Ag Economists 🕔Aug 11, 2017

A webinar presented by University of Illinois Ag Economists Darrel Good and Todd Hubbs that reviews the USDA’s U.S. corn and soybean yield and production forecasts released on August 10. The production forecasts was combined with projections of marketing year

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Grain Markets: World Wheat Consumption Increases, Spring Wheat in Short Supply

Grain Markets: World Wheat Consumption Increases, Spring Wheat in Short Supply

👤By Stephanie Bryant-Erdmann, USW Market Analyst 🕔Aug 10, 2017

USDA increased its estimates for world wheat production, consumption and trade in its August World Agricultural Supply and Demand Estimates (WASDE) report released today. USDA forecast global wheat production at 743 million metric tons (MMT), 3 percent above the 5-year average

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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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Grain Market: Minneapolis Wheat Prices Have Been on a Wild Ride – DTN

Grain Market: Minneapolis Wheat Prices Have Been on a Wild Ride – DTN

👤By Todd Hultman, DTN Analyst 🕔Aug 2, 2017

Heading into August, we have had plenty to talk about in grains this year. But the king of price moves so far has been Minneapolis wheat, where drought in the northwestern Plains wreaked havoc with this year’s spring wheat crops.

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Corn Market: Mid-Summer Supply, Demand, and Price Estimates

Corn Market: Mid-Summer Supply, Demand, and Price Estimates

👤By Harwood D. Schaffer and Daryll E. Ray, Agricultural Policy Analysis Center 🕔Aug 2, 2017

The July 12, 2017, World Agricultural Supply and Demand Estimates (WASDE) provided commodity markets with a shock when it changed its estimates of corn planted acres from the 90.0 million acres it had used in recent reports to 90.9 million

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Soybean Market: Weather and Crop Condition – 14% of U.S. Soy Acres in Drought

Soybean Market: Weather and Crop Condition – 14% of U.S. Soy Acres in Drought

👤By Todd Hubbs, University of Illinois Ag Economist 🕔Aug 1, 2017

Soybean prices continue to reflect weather and crop conditions. The volatility in price movements associated with weather will continue for the next six to eight weeks. An initial indicator of price direction will be provided by the USDA reports to

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Wheat Market: Diminishing Low Protein Premiums Add Value to Soft White Export Supplies

Wheat Market: Diminishing Low Protein Premiums Add Value to Soft White Export Supplies

👤By Stephanie Bryant-Erdmann, USW Market Analyst 🕔Jul 27, 2017

Four consecutive years of drought, which shrunk soft white (SW) production and increased average protein levels, had the market rationing demand through low protein premiums. Now, after two years of more normal weather patterns, low protein premiums are quickly disappearing

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Webinar – Supply/Demand/Price Prospects for Corn and Soybeans, Aug. 11

Webinar – Supply/Demand/Price Prospects for Corn and Soybeans, Aug. 11

👤By Darrel Good and Todd Hubbs, University of Illinois Ag Economists 🕔Jul 27, 2017

The webinar will review the USDA’s U.S. corn and soybean yield and production forecasts released on August 10. The production forecasts will be combined with projections of marketing year consumption in order to project the magnitude of year-ending stocks. The

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