Market Analysis
By Nayara Figueiredo SAO PAULO, Feb 22 (Reuters) - U.S. grains merchant Archer-Daniels-Midland Co said on Tuesday it has carried out the largest soybean shipment in the history of the Ponta da Montanha
What might next week hold in store?
USDA’s crop production report showed an increase in soybean yields, but a lower national corn yield. Analysts say Pro Farmer Crop Tour next will reveal more answers about this year’s crops and could be a market mover.
Much of the U.S. will see above-normal temperatures next week, but you wouldn’t know it by looking at commodity prices. Fund liquidation seems to be a growing trend, with commodity markets under pressure in July.
After all the hoopla about this morning’s USDA reports, we know one thing: They are outdated and they will change. Let’s look beyond the published numbers.
When the January crop production and World Agricultural Supply and Demand Estimates (WADSE) reports were released, U.S. Farm Report conducted a Twitter poll to see how, if at all, farmers would adjust their planting intentions for the spring after corn yielded a record high 176.1 bushels per acre.
It’s been almost a week since the USDA released its January crop production and World Agricultural Supply and Demand Estimates (WASDE) reports, showing a big corn crop became bigger and record-setting at 176.6 bushels per acre.
When crop insurance prices are set March 1, zero in on your marketing plans. If prices come in higher than expected aim for higher marketing goals, whereas if prices come out lower be especially strategic when marketing.