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Power Hour: Pre-Report Analysis of March 8 Reports

March 7, 2013
USDA   pile of corn will have full coverage of the March 8 World Agricultural Supply and Demand Estimates and Crop Production reports, following the 11 a.m. releases.

Below are a few pre-report news items to read before the numbers come out.

AgWeb Radio: Closing, Commentary 3-7-13
Brock Schimbeno of Grain Hedge says the markets came back and closed higher today. Ethanol production is running a bit behind expected. The WASDE report will be released at 11:00am central time tomorrow.

AgWeb Radio: Midday Commentary 3-7-13
Bob Utterback of Utterback Marketing says today is a stabilization day after yesterday's extreme market moves. The dollar rallied sharply yesterday. The current concern is tomorrow’s report ending carry out numbers.

Keep Close Eye on Exports and Feed Use
Corn traders will be looking to see whether USDA’s export predictions offset strong feed demand when USDA releases its March WASDE on Friday.

AgWeb Radio: Opening Commentary 3-7-13
Craig VanDyke of Top Third Ag Marketing says export sales for corn was lower, bean export sales were higher and wheat exports were also strong. New crop corn is now at 9 month low. Traders are getting ready for tomorrow’s report.

AgWeb Radio: Closing Commentry 3-4-13
Nate Smith of the Gulke Group said volatility was the way to describe the markets today. No specific bit of information can be named as the cause but all the information needs to be considered. 

Early-March Prices: Lion or Lamb?
Corn and wheat prices turned around to start the new month. Jerry Gulke analyzes what will make prices soar or crash this season.


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