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Tag "soybean stocks"

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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WASDE Oilseeds: Smaller U.S. Soybean, Peanut, Cottonseed Production

WASDE Oilseeds: Smaller U.S. Soybean, Peanut, Cottonseed Production

👤From USDA 🕔Jan 12, 2018

U.S. oilseed production for 2017/18 is estimated at 131.3 million tons, down 0.9 million from last month. Smaller soybean, peanut, and cottonseed crops are partly offset by increases for canola and sunflowerseed. Soybean production is estimated at 4,392 million bushels,

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WASDE Oilseeds: U.S. Soybean Exports Lowered

WASDE Oilseeds: U.S. Soybean Exports Lowered

👤From USDA 🕔Dec 12, 2017

Total U.S. oilseed production for 2017/18 is projected at 132.2 million tons, up slightly due to a small increase in cottonseed. Soybean exports are reduced 25 million bushels to 2,225 million on stronger-than-expected competition from Argentina and Brazil during the

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Oil Crops Outlook: Export Competition Suppresses Expansion of U.S. Soybean Sales

Oil Crops Outlook: Export Competition Suppresses Expansion of U.S. Soybean Sales

👤From USDA 🕔Nov 17, 2017

USDA’s November Crop Production report forecasts the 2017/18 yield for soybeans at 49.5 bushels, down slightly from last month. The estimate of U.S. harvested area is unchanged at 89.5 million acres, so the yield reduction trims the 2017/18 forecast of

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WASDE Oilseeds: U.S. Soybean Production Down on Slightly Lower Yield

WASDE Oilseeds: U.S. Soybean Production Down on Slightly Lower Yield

👤From USDA 🕔Nov 9, 2017

Total U.S. oilseed production for 2017/18 is projected at 132.1 million tons, down 0.1 million from last month due to lower soybean and peanut production. Soybean production is forecast at 4,425 million bushels, down 5 million due to a fractionally

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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

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Oil Crops Outlook: Soybean Supplies Curtailed by Lower Carryover Stocks

Oil Crops Outlook: Soybean Supplies Curtailed by Lower Carryover Stocks

👤From USDA 🕔Oct 17, 2017

Compared to the prior estimate, sown soybean acreage for 2017/18 is estimated up 694,000 acres to a record 90.2 million. Even with the higher acreage, USDA’s October Crop Production report shaved the U.S. soybean production forecast for 2017/18 by 422,000

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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

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WASDE Oilseeds: Domestic Soybean Production Unchanged

WASDE Oilseeds: Domestic Soybean Production Unchanged

👤From USDA 🕔Oct 12, 2017

U.S. oilseed production for 2017/18 is projected at 132.3 million tons, down 0.5 million from last month mainly on lower sunflowerseed, canola, and cottonseed production. Soybean production is forecast at 4,431 million bushels, nearly unchanged from last month with higher

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WASDE Oilseeds: Increased Domestic Soybean, Peanut, Cottonseed Production

WASDE Oilseeds: Increased Domestic Soybean, Peanut, Cottonseed Production

👤From USDA 🕔Sep 12, 2017

U.S. oilseed production for 2017/18 is projected at 132.8 million tons, up 1.9 million from last month with higher soybean, peanut, and cottonseed production forecasts. Soybean production is projected at a record 4,431 million bushels, up 50 million on a

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