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What will be the important changes in Friday’s World Agricultural Supply and Demand Estimates? Here’s what the experts are watching.
See all of the report data, coverage and analysis of the April 10 World Agricultural Supply and Demand Estimates and Crop Production reports.
Profitable prices are likely to continue, although nowhere close to last year’s record for key crops.
Corn and soybeans fell for a second session in Chicago on signs feed use in the U.S. may slow just as the nation’s farmers prepare to boost plantings.
Corn rose for a third session as a government report showed U.S. inventories will remain at a 17-year low on increasing use of the grain in livestock feed.
See all of the report data, coverage and analysis of the March 8 World Agricultural Supply and Demand Estimates and Crop Production reports.
Corn futures rose the most in seven weeks after USDA raised its forecast for animal-feed demand, leaving the inventory estimate at a 17-year low.
Corn and soybeans have been far more volatile than other commodities, such as oil and even the stock market, and that may be the harbinger of more to come.
Many traders have set their eyes on $15 soybeans for next week; however, this may be difficult if rain reaches Argentina.
On Friday, Jan. 11, USDA will release its final estimates on corn and soybean production and acreage for the 2012-13 crop year.