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Tag: corn trade
Global Markets: Coarse Grains – China’s Exports of Corn-Based Products Rise
China and the United States have been top exporters of corn-based products. In 2017/18 China’s exports of these products have grown nearing 5 million tons, roughly equivalent to 10-15 million […]
WASDE Coarse Grains: Lower Domestic Corn Demand
This month’s 2018/19 U.S. corn outlook is for lower corn used for ethanol, reduced imports, and larger ending stocks. Imports are lowered based on observed trade to date. Corn used […]
Corn, Soybean Marketing: What Should You Do Differently in 2019? – DTN
Stacking up scale tickets, checking bushel totals against acreage maps, filing elevator assembly sheets into folders, signing contracts, depositing checks, and ultimately, seeing the end-of-year balance on an operating loan. […]
Hubbs on Grain: Corn Consumption Still Up Even with USDA Projections
The December corn futures contract closed lower for the third straight week on Friday. Weakness in soybean and oil markets continue to place bearish pressure on corn prices. Despite the […]
Hubbs on Grain: Corn Prices Unimpressed by Smaller Crop
The USDA reports released on November 8 contained a lower corn yield, significant revisions to Chinese corn data, and a downward revision of some major corn consumption categories. Corn prices […]
Global Markets: Grains – Chinese Stocks Swell on Production Revisions
Last month, China’s National Bureau of Statistics (NBS) released revised area, yield, and production estimates for corn, wheat, and rice from 2007/08 through 2017/18. This month’s Supply and Demand balance […]
WASDE Coarse Grains: Lower U.S. Corn Production, Usage, Stocks
This month’s 2018/19 U.S. corn outlook is for lower production, reduced feed and residual use and exports, and smaller ending stocks. Corn production is forecast at 14.626 billion bushels, down […]
Corn, Soy Prices Down; Trade Gap Grows: Short on Optimism
Farmers rattled by the dip in value of their soybean crop likely will see prices for their corn go up next year, one of the few optimistic projections made at […]
Soybean Acres to Drop in 2019 Says USDA
On Friday, the USDA’s Office of the Chief Economist (OCE) released selected tables prepared for the Department’s upcoming Agricultural Baseline Projections report. In part, the tables demonstrated that, “USDA estimated 82.5 million acres of soybean plantings for […]
Hubbs on Grain: Corn Prices Continue to Look for Support
December corn futures closed the week on October 19 at $3.67 per bushel retreating to price levels seen before the October Crop Production report. The price support associated with a […]
