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 […]

WASE Coarse Grains: Lower Domestic Corn Production, Exports, Use May 14, 2022

🕔May 14, 2022
The 2022/23 U.S. corn outlook is for lower production, domestic use, exports, ending stocks, and higher prices. The corn crop is projected at 14.5 billion bushels, down 4.3 percent from […]

WASDE Coarse Grains: Offsetting Changes to Feed, Residual Use, and Corn for Ethanol Apr 8, 2022

🕔Apr 8, 2022
This month’s 2021/22 U.S. corn outlook is for offsetting changes to feed and residual use and corn used for ethanol production, with unchanged ending stocks. Feed and residual use is […]

Global Markets: Coarse Grains – Corn Prices Reach Record Highs Mar 11, 2022

🕔Mar 11, 2022
Per International Grains Council (IGC) data going back over 20 years, the corn price has reached $350/ton for the first time for a major exporter (the United States). Bids for […]

WASDE Coarse Grains: Larger Domestic Corn Usage, Increased Exports Mar 9, 2022

🕔Mar 9, 2022
This month’s 2021/22 U.S. corn supply and use outlook is for increased food, seed, and industrial use, larger exports, and smaller stocks relative to last month. Corn used for ethanol […]

Ag Trade: Revisiting Ukraine, Russia, and Commodity Markets Mar 1, 2022

🕔Mar 1, 2022
Ukraine and Russia have become an important source for global supplies of major agricultural commodities in the past 25 years. These countries, often collectively referred to along with various other […]

Global Markets: Coarse Grains – South Korea Diversifies Corn Suppliers Feb 12, 2022

🕔Feb 12, 2022
South Korea was once a market where U.S. corn did reliably well, but in recent years it has noticeably diversified its suppliers for corn. Excluding the drought-affected 2012/13 year, U.S. […]

Feb. WASDE Report Holds Few Surprises, but Grain Markets Surge – DTN Feb 11, 2022

🕔Feb 11, 2022
The February USDA Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports provided few surprises, as there were only minor changes to report, and, as expected, USDA was […]

WASDE Coarse Grains: U.S. Corn Supply, Use Unchanged Feb 10, 2022

🕔Feb 10, 2022
This month’s 2021/22 U.S. corn supply and use is unchanged relative to last month. The season-average farm price remains at $5.45 per bushel. Global coarse grain production for 2021/22 is […]

Global Markets: Coarse Grains – Australia Mirrors Argentina in Robust Sorghum Exports Jan 15, 2022

🕔Jan 15, 2022
Australia is currently forecast to export 1.4 million tons of sorghum in the 2020/21 marketing year (Mar 2021 – Feb 2022) on production of 1.5 million tons, a 93 percent […]

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