Power Hour: Pre-Report Analysis of Dec. 11 Reports

Find out what the big news could be with Tuesday’s USDA World Agricultural Supply and Demand Estimates and Crop Production reports.

AgWeb.com will have full coverage of the Dec. 11 World Agricultural Supply and Demand Estimates and Crop Production reports, following the 7:30 a.m. releases.

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

AgWeb Radio: Closing Commentary 12-10-12
Nate Smith of the Gulke Group says with a report tomorrow the market moves today are getting ready for report numbers. Wheat ratings released indicate our crop is in very bad condition. Corn prices are probably a result of demand rationing. Seems we are in a bearish situation.

AgWeb Radio: Midday Commentary 12-10-12
Doug Werling of Bower Trading says South Korea bought some corn over the weekend but none from the U.S. Tomorrow’s crop report may raise the carry-out numbers for corn and wheat.

AgWeb Radio: Opening Commentary 12-10-12
John Garrity of Roach Ag Marketing says grains are down. Some are getting out of their long positions before tomorrow’s crop report.

Beans Bounce after Multi-Month Drop
Soybean prices bounced up this week, almost hitting $15. Jerry Gulke explains what is behind the rally.

A Preview of Tuesday’s USDA Report
Market expert Pete Meyer details what big surprises and news could be included in tomorrow’s Crop Production and World Agricultural Supply and Demand Estimates reports.

Blog Commentary

The Allendale Wake-Up Call: Watch Weather and Washington Headlines

Grain Hedge: Grains Drift Lower into Tomorrow’s USDA Report

Cash Grain Insights: Corn Drops to 3-Week Low on Poor Fundamentals

Market Watch: Over The River and Through the Woods

Listen to the latest market commentary on AgWeb Radio:

Audio Analysis

Hear audio market analysis from experts in commodities trading with AgWeb’s Audio Market Commentary.



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Related Stories
Live cattle futures were lower again on Wednesday and have spent several consecutive days under the 100-day moving average. Brad Kooima with Kooima Kooima Varilek says it is looking like more than a healthy correction.
Mark Knight of Farmers Keeper Financial says the market was looking for confirmation of China soybean purchases and now will need to see more sales to continue the rally.
November soybeans failed to close above the key $12 level and Naomi Blohm of Total Farm Marketing thinks the market may be running out of runway as Monday was mostly technical buying.
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