Tag "soybean stocks"
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
U.S. soybean supply and use projections for 2016/17 are unchanged this month, leaving ending stocks at 420 million bushels. Soybean exports are projected at 2,050 million bushels, up 114 million from last year. Although soybean export commitments through January are
USDA pegged the final estimate for the 2016 soybean crop at 4.307 billion bushels, down 54 million from last month’s forecast. While still a record, the national average yield estimate was trimmed to 52.1 bushels per acre from the previous
U.S. oilseed production for 2016/17 is estimated at 127.3 million tons, down 1.5 million from last month. Lower soybean and peanut production is partly offset with higher canola, sunflowerseed, and cottonseed crops. Soybean production is estimated at a record
Corn stored in all positions on December 1, 2016 totaled 12.4 billion bushels, up 10 percent from December 1, 2015. Of the total stocks, 7.61 billion bushels are stored on farms, up 11 percent from a year earlier. Off-farm stocks,
The USDA forecast of 2016/17 season-ending soybean stocks remains at 480 million bushels due to unchanged forecasts of production, exports, and crush. The U.S. average soybean farm price for 2016/17 is forecast at $8.70-$10.20 per bushel, versus last month’s forecast
Total U.S. oilseed production for 2016/17 is forecast at 128.8 million tons, up slightly due to an increase for cottonseed. Soybean supply and use projections for 2016/17 are unchanged from last month. Although early-season soybean exports are sharply higher than
As much of the U.S. shudders from the chill of a wintery arctic blast, USDA’s December reports aren’t expected to warm things up much. USDA will release its latest Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports
USDA’s November Crop Production report indicated this year’s soybean yield at a record 52.5 bushels per acre, up from last month’s forecast at 51.4 bushels. As a consequence, 2016/17 soybean production was forecast 92 million bushels higher to 4.361 billion.
U.S. oilseed production for 2016/17 is projected at 128.7 million metric tons, up 2.5 million from last month on increased soybean and cottonseed production. Soybean production is forecast at 4,361 million bushels, up 92 million on higher yields. The soybean