Moving Grain: USDA Projections Signal Lower Demand for Grain Transportation May 19, 2022

🕔May 19, 2022
Latest USDA Projections Signal Lower Demand for Grain Transportation in MY 2022/23 On May 12, USDA released its May World Agricultural Supply and Demand Estimates report, which contains the agency’s […]

Elevated Fertilizer Prices Remain, UN in Talks to Restore Ukrainian Grain Exports May 19, 2022

🕔May 19, 2022
Bloomberg writer Elizabeth Elkin reported yesterday that, “In more bad news for farmers, a fertilizer that’s key for corn production will remain expensive for at least two years. “That’s according to CF Industries […]

Ag Export Programs Offer Excellent Returns, Deserve Continued Funding May 19, 2022

🕔May 19, 2022
The Coalition to Promote U.S. Agricultural Exports welcomes the results of a recent econometric study indicating that public-private U.S. agricultural export market development programs remain highly effective and generate a substantial […]

Ag Trade: U.S. Wheat Price Projected at Record High, Major Exporters’ Ending Stocks Lowest in a Decade May 19, 2022

🕔May 19, 2022
In its monthly Wheat Outlook report on Monday, the USDA’s Economic Research Service (ERS) stated that, “The U.S. season-average farm price (SAFP) for 2022/23 is projected to reach a record $10.75 per bushel, supported by tight […]

Arkansas Cotton: Favorable Weather Boosts Planting; Dec. Contracts at 11-Year High May 18, 2022

🕔May 18, 2022
A much-needed stretch of sunny days has enabled Arkansas’ cotton farmers to get more than half of their planting done as December futures prices hit highest their highest level in […]

Grain Markets: Early Export Sales Commitments and New-Crop Balance Sheets May 18, 2022

🕔May 18, 2022
On Thursday, May 12, the USDA released its first complete 2022/23 marketing year supply and demand estimates for corn, soybeans, and wheat in the May 2022 WASDE report. These estimates provide an […]

USDA: Weekly National Peanut Prices May 17, 2022

🕔May 17, 2022
The following prices are effective from Wednesday 05/18/22 at 12:01 am Eastern Time until midnight Tuesday 05/24/22. The next announcement is scheduled for Tuesday 05/24/22 at 3:00 pm Eastern Time. […]

USDA: Global Wheat Prospects Stymied by Weather, War; Lower Corn Production May 17, 2022

🕔May 17, 2022
In its monthly Grain: World Markets and Trade report yesterday, the USDA’s Foreign Agricultural Service (FAS) indicated that, “Global [wheat] production is forecast at 775 million tons, down 4 million from the previous year. The largest cut […]

Rice Market: Positive Response to WASDE Report May 17, 2022

🕔May 17, 2022
Trading last week was focused on Thursday’s supply/demand report from USDA.  The rice market’s reaction to the May WASDE was favorable as new crop futures closed 10 ½ cents higher […]

Russia Makes Some Land Gains – Persists in Strangling Ukrainian Grain Exports May 16, 2022

🕔May 16, 2022
New York Times writers Michael Schwirtz, Marc Santora and Michael Levenson reported on the front page of today’s paper that, “Russia’s nearly three-month-old invasion of neighboring Ukraine has been punctuated by […]

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