Wheat Market: USDA’s Latest Look at Exportable Supplies Sep 17, 2021

🕔Sep 17, 2021
On Tuesday, Sept. 14, 2021, U.S wheat futures gained as much as 2% after key wheat-producing nations lowered their production outlooks. With harvest nearly wrapped up in the Northern Hemisphere, […]

Corn, Soybeans: WASDE 2021 Price Projections – A Historical Perspective Sep 16, 2021

🕔Sep 16, 2021
The Office of the Chief Economist of the U.S. Department of Agriculture recently revised 2021 market year average (MYA) price projections to $5.45 per bushel for corn and $12.90 per […]

Grain Export Flow Expected to Shift from Ida Damage – DTN Sep 3, 2021

🕔Sep 3, 2021
Grain companies with terminals along the lower Mississippi River are looking at shifting more of their committed grain and soybean exports to ports in the Pacific Northwest while damage assessments […]

Corn Market: Strong Prices Come at a Cost – DTN Sep 3, 2021

🕔Sep 3, 2021
Six-dollar corn is expensive to grow. The University of Illinois projects corn farmers’ non-land costs will climb by $70 per acre next year, leaving a much thinner profit outlook than […]

Soybean Market: Basis Levels on 7th Week of Downslide – DTN Aug 24, 2021

🕔Aug 24, 2021
The DTN national average basis started the new-crop year of 2020-21 running close its five-year strongest level and kept climbing, reaching its peak for this crop year during the second […]

Global Wheat Stocks-to-Use Ratio Supports Bullish Prices Outlook Aug 20, 2021

🕔Aug 20, 2021
USDA’s August 2021 World Supply & Demand Estimates (WASDE) report trimmed expected global wheat production, reduced the global wheat stocks-to-use ratio and created a supply shock market rally. USDA dropped […]

Grain Markets: Variability of Exports for Large Exporters Jul 23, 2021

🕔Jul 23, 2021
It is not uncommon to read or hear the concern that the US is a residual supplier of corn, soybeans, and wheat to the world.  In other words, the US […]

Corn, Soybeans: Prices Highest Since Ethanol Boom – Looking at Market Factors – DTN Jul 3, 2021

🕔Jul 3, 2021
After seven years of low to nonexistent profit margins, first-generation Kentucky farmer Ryan Bivens is looking forward to better revenue. However, he worries rising input costs will eat away at […]

Soybeans: The (Absence of a) Weather Risk Premium in New-Crop Futures Prices Jun 28, 2021

🕔Jun 28, 2021
A recent farmdoc daily article considered whether new-crop corn futures price behavior in the pre-harvest period is consistent with the presence of a growing season weather risk premium. The basic idea […]

Spring Wheat: Severe Drought Continues Jun 11, 2021

🕔Jun 11, 2021
Hard red spring (HRS) futures rose $0.85 week-over-week to close at $8.10 per bushel on Friday, June 4, a level nearly $3.00 more per bushel than they were a year […]

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