As I’ve mentioned before, DTN holds a meeting to discuss what could be seen in upcoming USDA reports before those called to duty head off to the lockup in Washington, […]
The USDA’s estimate of soybean stocks at the end of the third quarter of the 2014-15 marketing year (June 1, 2015) of 625.4 million bushels was surprisingly small and helped […]
The 2014-15 marketing year average farm price of soybeans, currently projected at $10.05 per bushel by the USDA, will likely be the lowest marketing year average since 2009-10 and about […]
In my opinion, the key to USDA’s January reports is the domestic ending stocks figures, flawed though they may be. Changes in ending stocks reflect the other key components of […]
Market Situation WASDE. Friday’s World Agricultural Supply and Demand Estimates reported a decrease in corn supply and an increase in use compared to the December report. Corn acres harvested increased […]
Expectations of higher corn ending stocks in Friday’s USDA reports pressured the market lower with heavy selling pushing prices below longstanding $4.20 support.