Below is AgWeb's full coverage of the June 30, 2014 reports, which include USDA's Acreage and Grain Stocks reports.
News & Analysis
Corn and soybeans prices plunged in the wake of USDA’s Acreage report, released June 30, that showed USDA expects soybean acreage to shatter all records.
Nate Smith of The Gulke Group with a brief summary of the report and what is next.
It's been a rough day for the markets so far as USDA predicted high domestic stockpiles for corn and record planted acres for soybeans.
Doug Werling of Bower Trading says the report was negetative across the board. Beans were most affected. Stocks reports and planted acres were most bearish.
See how the reports are affecting prices. Visit the AgWeb Markets Center.
Cash Grain Insights
Hedging Corn and Soybeans
Corn planted area for all purposes in 2014 is estimated at 91.6 million acres, while soybean planted area for 2014 is estimated at a record high 84.8 million acres.
June 30 Acreage: All Corn Planted
June 30 Acreage: All Soybeans Planted
June 30 Acreage: All Sorghum Planted
June 30 Acreage: All Wheat Planted
June 30 Acreage: All Cotton Planted
Soybeans stored in all positions on June 1, 2014 totaled 405 million bushels, down 7% from June 1, 2013. Corn stocks are up 39%.
June 30 Grain Stocks: Corn Stocks
June 30 Grain Stocks: Sorghum Stocks
June 30 Grain Stocks: Wheat Stocks
June 30 Grain Stocks: Soybean Stocks
Read all of AgWeb's Pre-Report Analysis of June 30 Reports