Supply/Demand Report Neutral

February 8, 2010 06:00 PM
 

Supply and Demand Report

AgWeb.com Editors

Corn: No changes to acreage, yield or production.
Ending Stocks: dropped modestly to 1.72 from January's 1.76 billion.

Year 2008/09  
2009/10 Jan      
2009/10 Feb
End Stocks 1.67 1

76

1.72

Price $4.06 
$3.40-4

$3.45-3.95

Soybeans: No change acres, yield, production.

Year 2008/09 
2009/10 Jan       2009/10 Feb
End Stocks 138
245 
210
Price $9.97 
$8.90-10.40

$8.70-10.20

Wheat: U.S. wheat ending stocks rose 5 mil. bu. because of an increase in South American and EU feed wheat imports into the Southeast.

Year 2008/09 
2009/10 Jan      
2009/10 Feb
End Stocks 657  

976

978

Price $6.78
$4.70-5.00

$4.75-4.95

Click here for full S&D report.


 

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