Markets - General
This week USDA’s National Agricultural Statistics Service (NASS) announced it will no longer release its August Objective Yield Survey.
Batey Farms Looks Beyond the Bin, Attracts Urban Consumer
This week’s World Agricultural Supply and Demand Estimates (WASDE), combined with tariffs to China, caused grain prices to take a nosedive. Some farmers are reaching the end of their rope as frustration turns to anger.
While the reports can swing markets, they’re created through a process that relies largely on windshield surveys, coffee shop talk and educated estimates from county Extension agents.
A positive USDA report sent grain prices higher this week.
USDA revealed this week a crop stocks picture much tighter than expected. There are three major factors that could help or hinder prices in the months ahead, including a possible shutdown.
From Pro Farmer’s First Thing Today, these are some of the stories we are watching on Friday, November 13.
Corn Production Down 1 Percent from October Forecast Soybean Production Down 2 Percent Cotton Production Up less than 1 Percent
Despite election uncertainty, soybean prices surged this week, topping $11. Those price levels are the highest U.S. farmers have seen on the CME since the summer of 2016. So, is this the start of a bull market?
Learn the pros and cons of each strategy and when to use what.
COVID-19 outbreaks are increasing governments’ food-security concerns, and importers need U.S. corn and soybeans for the first time in a long time to meet demand.
The trend in grain prices has shifted – at least for now. December corn prices were down 21¢ and November soybean prices were down 12.75¢ for the week ending Oct. 30.
Seth Meyer says USDA is running out of time and runway to make adjustments to the export side of the ledger, as this week the World Ag Outlook Board defended its current China import figures.
See how the top soybean exporters stack up in terms of competitiveness.
The price spikes this fall have been a surprise for many. During a period where farmers usually experience lower prices, commodity markets started trending higher in August and have accelerated since.
One of the main ingredients for the competitiveness of ag products is the currency relationship between the seller and the buyer.
As China continues to ramp up its buys of U.S. corn, there are no signs China will adjust its low tariff rate quotas (TRQs). Some analysts and market experts say China will still import as much corn as it needs.
December corn prices were up 7.5¢ and November soybean prices were down 15.25¢ for the week ending Oct. 16. December wheat prices were up 33¢.
The October USDA reports delivered a few surprises and price gifts. December corn prices were up 15.25¢ and November soybean prices were up 45¢ for the week ending Oct. 9.
USDA Crop Production Report: corn and soybean production down 1% from last month.
Corn and soybean prices normally dive during harvest. This year, that’s not been the case.
After the latest USDA report was released this week, questions surfaced about the actual size of the 2019 crop. So with lower corn stocks, could the lows for corn already be behind farmers? U.S. Farm Report discusses.
Old crop corn stocks on hand as of Sept. 1, 2020 totaled 2 billion bushels, down 10% from 2019. Old crop soybeans stored in all positions were down 42% from 2019.
U.S. corn futures edged higher on Friday, as the grain was poised to post its biggest one-month gain in more than two years on global supply concerns.
