Wheat Market: Export Prices Firm on Higher Futures, Basis Values Oct 16, 2020

🕔Oct 16, 2020
It is no secret that wheat futures prices have reached unexpected heights recently. Higher futures prices usually pressure export basis values when farmers sell wheat “into the rally” because that […]

WASDE Wheat: Higher Domestic Use, Lower Ending Stocks Oct 9, 2020

🕔Oct 9, 2020
The outlook for 2020/21 U.S. wheat this month is for reduced supplies, higher domestic use, unchanged exports, and lower ending stocks. Supplies are reduced by 32 million bushels, on the […]

Grain Markets: Weekly Exports Bearish for Corn, Wheat, Neutral for Soybeans Oct 2, 2020

🕔Oct 2, 2020
This week’s export sales report should be viewed as bearish for corn and wheat, and neutral to bullish for soybeans and milo, according to DTN Lead Analyst Todd Hultman. For […]

Wheat Outlook: Larger Crops Forecast for Key Exporting Nations Sep 25, 2020

🕔Sep 25, 2020
The global outlook for 2020/21 wheat production is raised more than 4 million metric tons this month to 770.4 million on sizable gains for Australia, Canada, and the European Union. […]

Global Markets: Wheat – Record Canadian Exports Forecast from Near-Record Crop Sep 11, 2020

🕔Sep 11, 2020
With favorable weather and larger area, Canadian production is forecast at near-record levels, supporting exports at a record 25.0 million tons, accounting for 13 percent of total global exports. For […]

WASDE Wheat: Greater Global Consumption, Supplies Sep 11, 2020

🕔Sep 11, 2020
The 2020/21 U.S. wheat supply and demand outlook is unchanged this month but there are offsetting by-class changes for wheat exports. The projected season-average farm price remains at $4.50 per […]

Wheat Market: Secondary Rail Rates, Tight Elevation Capacity Support Export Prices Sep 3, 2020

🕔Sep 3, 2020
Gulf and Pacific Northwest (PNW) hard red spring (HRS) and hard red winter (HRW) basis values have jumped significantly in the last month due to increased domestic secondary rail rates […]

Wheat Outlook: U.S. Export Prospects Improve Aug 21, 2020

🕔Aug 21, 2020
The 2020/21 forecast for U.S. all-wheat exports is raised 25 million bushels this month concurrent with a 10-cent cut in the season-average farm price (SAFP) and lower production outlooks for […]

Global Markets: Grains – U.S. Corn, Sorghum Sales to China Bode Well for Exports Aug 13, 2020

🕔Aug 13, 2020
As of the last week in July, combined U.S. old-crop corn and sorghum commitments (accumulated exports plus outstanding sales) to China stand at 5.6 million tons for delivery in 2019/20, […]

WASDE Wheat: Increased Production, Lower Ending Stocks Aug 12, 2020

🕔Aug 12, 2020
The outlook for 2020/21 U.S. wheat this month is for increased production offset by lower imports, higher exports, and lower ending stocks. U.S. wheat production is raised 14 million bushels […]

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