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Tag "grain commentary"

Soybean Market: Holding Too Long? – DTN

Soybean Market: Holding Too Long? – DTN

🕔Mar 22, 2017

Similar to last week’s column on corn’s seasonal influence, this week takes a look at the numbers for soybeans. Using the same logic of trying to identify a time of year when the market is not focused on new soybeans

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Grain Markets: Anticipating March 31 Soybean Stocks Estimate

Grain Markets: Anticipating March 31 Soybean Stocks Estimate

👤By Todd Hubbs, University of Illinois 🕔Mar 20, 2017

On March 31, the USDA will release the quarterly Grain Stocks report, with estimates of crop inventories as of March 1, and the annual Prospective Plantings report. For soybeans, the stocks estimate is typically overshadowed by the estimate of planting

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Corn, Soybeans: Large South American Crop Forecasts Place Pressure on Prices

Corn, Soybeans: Large South American Crop Forecasts Place Pressure on Prices

👤By Todd Hubbs, University of Illinois 🕔Mar 13, 2017

Corn and soybean harvest future prices moved sharply lower after the release of the USDA March World Agricultural Supply and Demand Estimates report on March 9. December corn futures closed on March 10 at $3.87 per bushel, while November soybean

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Corn, Soybeans: Using the Soybean-to-Corn Price Ratio to Predict March Planting Intentions

Corn, Soybeans: Using the Soybean-to-Corn Price Ratio to Predict March Planting Intentions

👤By Todd Hubbs and Darrel Good, University of Illinois 🕔Mar 8, 2017

The magnitude of U.S. planted acreage of corn and soybeans will be important in determining prices for both crops during the 2017-18 marketing year. Projections of planted acreage are currently in an unusually wide range. The wide range reflects uncertainty

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Soybeans: Informal Consensus Leans Toward More Beans In Midwest – DTN

Soybeans: Informal Consensus Leans Toward More Beans In Midwest – DTN

👤By Mary Kennedy, DTN Basis Analyst 🕔Mar 7, 2017

USDA is estimating an increase in soybean acres this spring because the economics of doing so makes sense. But there are many who don’t think that acres will increase by as much as the most recent predictions. I have talked

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Grain Markets: Anticipating the March 1 Corn Stocks Estimate

Grain Markets: Anticipating the March 1 Corn Stocks Estimate

👤By Todd Hubbs, University of Illinois 🕔Mar 6, 2017

USDA’s release of the Quarterly Grain Stocks report on March 31 will provide an estimate of corn stocks in storage as of March 1, 2017. This estimate provides the ability to calculate the magnitude of feed and residual use of

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Grain Markets: 2017 Corn Prospects

Grain Markets: 2017 Corn Prospects

👤By Todd Hubbs, University of Illinois 🕔Feb 20, 2017

The time of year to develop corn balance sheet projections for the upcoming crop year is upon us. As we approach the halfway point of the 2016-17 marketing year, decision making regarding planting and new crop marketing get determined. The

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Wheat Market: Winter Weather, Strong U.S. Grain Demand Add Up to Unusual Port Delays

Wheat Market: Winter Weather, Strong U.S. Grain Demand Add Up to Unusual Port Delays

👤By Stephanie Bryant-Erdmann, USW Market Analyst 🕔Feb 9, 2017

The sharp inverse in export basis between March delivery and April delivery for U.S. wheat at both Gulf and Pacific Northwest (PNW) ports indicates that exporters have faced logistical challenges during a brutally cold and snowy winter. It also provides

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Grain Markets: Corn Consumption Update – farmdocDaily

Grain Markets: Corn Consumption Update – farmdocDaily

👤By Todd Hubbs, University of Illinois 🕔Jan 30, 2017

Since early October, March 2017 corn futures prices fluctuated in a price range between $3.40 and $3.70. The USDA’s WASDE report released on January 12 presented a mixed signal on corn consumption forecasts with a reduction of 50 million bushels

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Wheat: Less Acres in 2017-18, But Still Third Largest Crop Ever

Wheat: Less Acres in 2017-18, But Still Third Largest Crop Ever

👤By Stephanie Bryant-Erdmann, USW Market Analyst 🕔Jan 26, 2017

USDA will issue its first 2017/18 world wheat supply and demand estimates in May, but on Jan. 19 the International Grains Council (IGC) provided an early look ahead at the next marketing year. IGC pegged 2017/18 world wheat production at

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