Tag: corn trade
WASDE Coarse Grains: U.S. Numbers Unchanged Dec 10, 2019
This month’s 2019/20 U.S. corn supply and use outlook is unchanged from last month. The projected season-average farm price is unchanged at $3.85 per bushel. Global coarse grain production for […]
Hubbs on Grain: Corn Demand Showing Some Recovery Dec 2, 2019
After a dismal performance in September and October, corn demand showed signs of life in November. Ethanol production and export sales picked up the pace over the last few weeks. […]
USDA Reports Review: Tight Corn Supplies, Fierce Wheat Export Competition – DTN Nov 11, 2019
Even though the November World Agricultural Supply and Demand Estimates (WASDE) report featured a tighter U.S. and world balance sheet on corn, poor demand may be too much to overcome. […]
Hubbs on Grain: Will Corn Exports Recover? Nov 11, 2019
Despite the corn crop dropping by 118 million bushels in last Friday’s WASDE report, a 100 million bushel reduction in 2019-20 corn use muted any positivity. While expected by most […]
Global Markets: Coarse Grain – Feed Barley’s Price Gap With Corn Shrinks Dramatically Nov 8, 2019
World barley production in 2019/20 is projected to be the highest since 1994/1995. As a result, exportable supplies of barley are plentiful across the globe. USDA forecasts world exports of […]
WASDE Coarse Grains: Lower U.S. Corn Production, Ending Stocks Nov 8, 2019
This month’s 2019/20 U.S. corn outlook is for lower production, reduced use, and smaller ending stocks. Corn production is forecast at 13.661 billion bushels, down 118 million from last month […]
Feed Grain Outlook: Projected Corn Crop Smaller; Price Gets 20-Cent Boost Oct 22, 2019
The third survey-based estimate for the 2019/20 corn crop lowered harvested acres by 200,000 and raised yield 0.2-bushel per acre, lowering the crop projection by 19.8 million bushels this month. […]
Hubbs on Grain: Corn – Potential for a Post-Harvest Price Rally? Oct 21, 2019
Central Illinois corn prices climbed to the mid-$3.80 range last week with some locations offering above $4 for fall delivery. While December futures prices struggle to break through $4, the […]
Hubbs on Grain: Corn, Soybeans Move Higher on Supply, Trade Numbers Oct 14, 2019
Strong price rallies in both corn and soybeans closed out the week after a mixed reaction on Thursday. Corn prices initially fell due to higher than expected production levels. Severe […]
Global Markets – Coarse Grain – Brazil’s Corn Exports Thrive Oct 11, 2019
Abundant supplies and competitive prices combined with strong foreign demand have sharply boosted Brazil’s corn exports in 2018/19 (October-September) which completed the year with a new record of 39.0 million […]