Below is AgWeb’s full coverage of the Jan. 12 reports. Check back to see more news and commentary of the data from the Crop Production reports, Grain Stocks reports and World Supply and Demand Estimates.
News & Analysis
AgWeb Radio: Midday Commentary 1-13-12
Kevin Van Trump of Farm Direction said the markets are trying to digest yesterday’s report. South American weather is still at the forefront of concern. Maybe more interest in Soybeans from China. Standard and Poor cut the French AAA rating, causing concern by outside markets.
AgWeb Radio: Opening Commentary 1-13-12
Tom Grisafi of Indiana Grain Company says overnight markets were rather quiet, but corn spreads traded lower. Crude oil has been quite volatile in price. Remember, no trade Monday, so that may affect today’s close.
Higher Grain Yields, Stocks Surprise Markets
Yesterday’s bearish USDA report caused corn futures prices to drop to the daily limit of 40 cents
AgWeb Radio: Closing Commentary 1-12-12
Nate Smith of the Gulke Group pointed out that the overnite trade prices were a bit higher based on weather in South America. When the markets opened (after the report information was made available), Corn was down the limit and hardly traded at all. Beans and Wheat both traded much lower.
AgWeb Radio: Midday Commentary 1-12-12
Bob Utterback of Utterback Marketing said Corn just came off the limit down by one cent from the open. Bob explains what the new target prices should be and the timing.
Take Heart: Higher Prices could Follow Bearish Reports
USDA’s crop reports released this morning held bearish surprises, but analysts caution world grain stocks are far from burdensome.
AgWeb Radio: Jerry Gulke Special Report 1-12-12
Jerry Gulke of the Gulke Group with comments on the USDA report released earlier this morning
AgWeb Radio: Opening Commentary 1-12-12
Mike Howlett of Top Third Ag Marketing says the government did it again. Numbers on today’s report were bearish across the board. Expect markets to open down: corn down 35-40, beans down 45 and wheat down 30.
Farmers Produced Less in 2011, USDA Reports
Challenging weather conditions troubled the crop year.
Live Discussion
Read what farmers are saying about today’s reports. See:
Marketing Old Crop and New Crop 2012
Find out what tradersand others are saying about the reports on Twitter: AgWeb’s Market Tweets
See how the reports are affecting prices. Visit the AgWeb Markets Center.
Blog Commentary
| Steady Overnight after Yesterday’s Collapse by Joe Vaclavik, Straits Grain | |
| Shock Subsides, Buyers Return by Paul Georgy, The Allendale Wake-Up Call | |
| Post-report Comments by Justin Kelly, EHedger Report | |
| USDA Reports Once Again Shock the Markets by Brock Schimbeno, Grain Hedge | |
| WASDE: USDA Starts Year Off With a Surprise by Marc Schober, Farmland Forecast | |
USDA Shocks the Market Once Again With January Report |
Crop Production Reports
Winter Wheat Seedings: Planted Acres Up 3%
Grain Stocks Reports
Corn Stocks Down 4% from December 2010
Grain Stocks: Sorghum Stocks
Grain Stocks: Corn Stocks
Grain Stocks by Position and Month
World Agricultural Supply and Demand Estimates
WASDE: Corn Production Estimated Higher
WASDE: Soybean Production Up Based on Increased Yields
WASDE: Wheat Ending Stocks Slighly Lower
WASDE: Lower Yields Reduce U.S. Rice Production
WASDE: Cotton Sees Net Increase in Ending Stocks
WASDE: Meat Production Forecast Raised
Pre-Report Analysis
Experts Provide Insight into Jan. 12 Reports
See all of the pre-report estimates and predictions for this week’s reports.
