News

Below are the latest news updates from Farms.com Risk Management

Reuters according to grain trade sources reports that 500,000 MT of U.S. soys were bought by Chinese

Wednesday, December 12, 2018

Worth 180 million in a classic case of "buy the rumor, sell the news" scenario as soybean traders maybe disappointed with the size of the purchase but there could be more orders to come.

 

OPEC agrees to cut oil production by 1.2 million barrels per day, WTI crude oil up $2.35 at $53.85..

Friday, December 7, 2018

Supportive for crude oil prices

 

18 USDA Nov. Crop Report a SURPRISE corn yield 178.9, soy 52, 18/19 corn ending stocks 1.736........

Thursday, November 8, 2018

18 USDA Nov. Crop Report a SURPRISE corn yield 178.9, soy 52, 18/19 corn ending stocks 1.736  bullish vs. expected, soys  955 bearish & wheat 949 neutral

 

Informa lowered '18 US corn yield to 179.7 bpa from 182.1, soy to 52.6 from 53..........

Friday, November 2, 2018

Informa Economics lowered their 2018 U.S. corn yield estimate to 179.7 bpa from 182.1 bpa. They also lowered their 2018 U.S. soybean yield estimate to 52.6 bpa from the previous outlook at 53.0 bpa

 

USDA Long Term forecasts 19/20: US Corn acres 92 mil, soy 82.5 mil! Its their initial projections...

Friday, November 2, 2018

USDA Long Term forecasts 19/20: US Corn acres 92 mil, soy 82.5 mil! Its the USDA's initial projections but not usually market moving

 

Bolsonaro-led Brazil set for crude oil windfall, with output & exports poised to soar............

Wednesday, October 31, 2018

Bolsonaro-led Brazilian government set for crude oil windfall, with output & exports poised to soar

 

USDA Crop Progress (Oct 28) again showed higher than expected soybean harvest but lower corn harvest

Monday, October 29, 2018

USDA weekly Crop Progress report (Oct. 28) again showed higher (72%) than expected (70%) soybean harvest  & lower (63%) than expected (64%) corn harvest. Winter wheat planted (78%) lower than expected (82%) & crop conditions (53%) were also lower than expected (58%)

 

Real at 6 month high- Brazil's president Bolsonaro pledged to reform government finances by.........

Monday, October 29, 2018

Brazilian Real up to a 6 month high as Brazil's far-right president-elect Bolsonaro pledged to reform government finances by lowering deficits, shrinking public debts and lowering interest rates

 

In the latest Better Farming, Moe and Abhinesh assess Canada’s 2018 projected crop yields

Monday, October 29, 2018

In the latest Better Farming, Moe and Abhinesh assess Canada’s 2018 projected crop yields

 

IGC- 2018 world corn o/p unch at 1.074 bil tons; Soy lower by 1 MMT to 370 MMT;Wheat up to 728.8 MMT

Friday, October 26, 2018

International Grains Council (IGC)- 2018 world corn output unch vs. last month 1.074 bil tons (1.048 in 2017). Soybean lower by 1 MMT to 370 MMT (340 in 2017). Wheat up over 12 MMT to 728.8 MMT. Also forecasting expansion in world wheat area in 19/20 harvest- 1st gain in 4 years

 

Latest Better Pork, Moe & Abhinesh analyze recent trade negotiations & ASF disease outbreaks........

Friday, October 26, 2018

In the latest Better Pork, Moe and Abhinesh of analyze how recent trade negotiations and disease outbreaks have caused notable shifts in the hog market.

 

USDA 2018 Oct. Cold Storage supportive- U.S. beef & pork stocks lower than trade expectations.......

Monday, October 22, 2018

USDA October Cold Storage report supportive with U.S. beef & pork stocks coming in lower than trade expectations

 

Ag Canada Oct. update- 18/19 Stats Can model-based yield higher than their prior survey-based ones..

Monday, October 22, 2018

Ag Canada’s Oct. update (18/19 Stats Canada model-based yield higher than their prior survey-based ones): 18/19 canola ending stocks 2.5 MMT, double that of Sept. All wheat stocks +0.6 MMT vs. Sept. to 5.6 MMT. 18/19 total pulses stocks at 1.76 MMT, higher than Sept. 1.54 MMT

 

USDA October 2018 Cattle on Feed price-supportive!.........

Monday, October 22, 2018

USDA October 2018 Cattle on Feed price-supportive! Cattle On Feed October 1: 105%; estimate 106%; prior month 106%. Placements during Sep: 95%; estimate 100%; prior month 107%. Marketings during Sept: 96%; estimate 97%; prior month 100%

 

2018 Oct. WASDE Bullish vs. expectations corn yield 180.7, soy yield 53.1 bpa, corn & soy futures up

Thursday, October 11, 2018

2018 USDA Oct. Crop Report Bullish vs. expectations corn yield 180.7, soy yield 53.1 bpa, corn futures up +$0.07, soys up $0.05

 

Breaking News #ONyield18 final corn & soybean yields record high at 179.5 & 50.2 bpa!

Thursday, August 30, 2018

Breaking News - #ONyield18 Just released final 2018 ON corn & soybean yields record high at 179.5 & 50.2 bpa!

 

2018 August USDA WASDE Crop Report supportive wheat & corn, bearish soybeans

Friday, August 10, 2018

2018 August USDA WASDE Crop Report supportive wheat & corn, bearish soybeans 

 

2018 USDA July WASDE friendly corn, bearish wheat & soybeans but USDA underestimating demand........

Thursday, July 12, 2018

2018 USDA July WASDE crop report friendly corn, bearish wheat & soybeans but USDA underestimating demand because of trade

 

USDA June Acreage & Qtrly Grain Stocks slightly bearish corn & wheat, bullish soys - all priced in

Friday, June 29, 2018

USDA June Acreage & Quarterly Grain Stocks slightly bearish corn but priced in, bullish soys & bearish wheat but also priced in

 

2018 Stats Canada Acreage Report slightly bearish canola & wheat but priced in

Friday, June 29, 2018

2018 Stats Canada Acreage Report slightly bearish canola & wheat but priced in

 

2018 USDA June WASDE crop report friendly grains..........

Tuesday, June 12, 2018

2018 USDA June WASDE crop report friendly grains corn up +$0.10, soys up +$0.08 & wheat up +$0.15, a classic "sell the rumor, buy the news"

 

Weekly USDA grain exports (May 11-17): disappointing for soybeans but no surprises.............

Thursday, May 24, 2018

..........here as China has not been buying for the past 4 weeks, while corn & wheat sales were at the upper end of the range. Soy oil, meal & cotton all at the middle of the expected range

 

USDA May Cold Storage Report sees higher Y/Y meat stocks, but in with recent trend!

Tuesday, May 22, 2018

Beef at the end of April was 434.8 mil  pounds, 4.6% higher than a year ago and 2.9% higher than the 5-year average. Pork stocks 641.407 mil pounds, which was +51.083 mil pounds (+8.65%) higher than the same time last year. Pork belly inventories were 64.6 million pounds, 92.5% higher than a year ago but just 2% higher than the 5 year average.

 

Weekly USDA Crop progress, as of 20th May, 2018, lose to trade expectations!

Monday, May 21, 2018

Weekly USDA Crop progress, as of 20th May 2018, found corn, soybeans and spring wheat planting and winter wheat conditions close to trade expectations. But, Northern States planting still lagging. Corn planting advanced from 62% to 81% right in line with the 81% avg. for this date. Soybean planting progress advance from 35% to 56% complete this week vs. 44% avg. for this date. Winter wheat conditions came in at 36% G&E and 35 P&VP vs last week when they were 36% G&E and 36% P&VP. Both HRW and SRW wheat classes saw a slight uptick in conditions. Spring wheat planting came in at 79% complete vs 58% last week and the long term avg of 80%. 

 

Buenos Aires Grain Exchange report pegs the Argentina soybean crop at 36 MMT down 2 MMT vs..........

Friday, May 18, 2018

..........38 previous and down 21.8 MMT vs. last year at 57.8 with the crop 71% harvested vs. 67% last week as wet weather took its toll after the worst drought in 100 years!

 

NO DEAL ON NAFTA! Too many differences on labor, Ag, energy & intellectual property. Postponed .....

Friday, May 18, 2018

.........at least until end of 18, will weigh on CDN $

 

CHINA ends anti-dumping probe into U.S. sorghum imports, willing to buy $200 billon more U.S. ......

Friday, May 18, 2018

...............products a sign willing to work on U.S. ag trade!

 

Informa projecting 2018 U.S. soybean plantings at 89.4 million acres up +0.42 vs. USDA at 89.4 &....

Tuesday, May 15, 2018

......... U.S. corn acres at 89 up +0.97 vs. USDA at 88. 2018 U.S. spring wheat comes in at 12.4 up +0.2 (except durum) vs. USDA at 12.6 while, cotton at 14 up +0.5 vs. USDA at 13.5.

 

Post 2018 May USDA crop report - 18/19 global corn stocks to use ratio is the 3rd tightest since....

Monday, May 14, 2018

.......1974. 18/19 global corn stocks ex-china are just 100,000 MT!

 

2018 USDA May WASDE crop report neutral corn, neutral to bearish wheat & bullish soybeans vs. ......

Thursday, May 10, 2018

...........expectations but 18/19 new crop ending stocks all trending lower

 

Good news for corn bulls! According to Reuters, Pres. Trump backs year round sales of E15..........

Tuesday, May 8, 2018

......... blended fuels & also RINS for all exports & will not put a cap on all RIN credits, a "win-win" decision for all sides!

 

In USDA May WASDE crop report traders are estimating lower global & U.S. ending stocks vs. 17/18...

Monday, May 7, 2018

.... as theUS takes its first official look at new crop supply and demand balance sheet tables.

 

USDA weekly crop progress report (May 6th, 2018) U.S. planting progress came in better than expected

Monday, May 7, 2018

USDA weekly crop progress report (May 6th, 2018) U.S. planting progress came in better than expected with corn at 39% vs. expected at 37%, 17% last week but still behind the average at 50%, soybeans from 5 to 15% vs. expected at 14%,spring wheat planted from 10% to 30% in line with expectations. Winter wheat crop conditions at 34% good-excellent in line with expectations for 34% and up 1% vs. last week at 33%. U.S. planters should be running hard ahead of the next rains that move in from the West starting tomorrow. 6-10 & 8-14-day outlook maps continue to suggest a nice window mid-month for those who do not get corn planted early this week. 

 

Planting progress in today's USDA Crop Progress Report - U.S. corn 62% up +24% wk/wk;.............

Monday, May 7, 2018

......... soybeans 35% up +20%wk/wk; spring wheat 58% up +28% wk/wk. Winter Wheat G-E 36% up +2% wk/wk

 

Wheat Tour 2018 final Kansas HRW wheat yield at 37 bpa vs. last year's 48 bpa & below..........

Friday, May 4, 2018

......... 5-year avg; production 243.3 mil bu is down 27% Y/Y. Nebraska, Colorado, Oklahoma & Kansas total Y/Y production loss is 150.62 mil bu, & if no rain in next 2 weeks, it'll get worse!

 

Old saying- if corn planting goes past May 10th, 1 bpa/day is the yield loss. Now, it's May 20th!

Tuesday, May 1, 2018

Planting date accounts for less than 25% of the variability in corn yields.

 

USDA crop progress report (April 29th, 2018) came within pre-report estimates for 2018 corn,........

Monday, April 30, 2018

.........soybeans & spring wheat planting (but all were at the low end of the range) & winter wheat crop conditions.

 

Lower 2018 U.S. corn acres, combined with lower 18/19 global production & higher consumption,.......

Tuesday, April 24, 2018

.........leading to shrinking global ending stocks for 2nd year in a row - setting up for a bullish outlook for corn futures

 

USDA Crop progress, 22 April,2018- Corn planting 5%, last week 3%, last year 15%. 1st soybean ......

Monday, April 23, 2018

......... planting progress 2% complete, last year 5%. Winter Wheat 31% G-E, 32% fair & 37% P-VP, unchanged from last week

 

U.S. Corn Exports (19 April, 2018) on Track to Exceed USDA projections, while Wheat at .............

Thursday, April 19, 2018

......... a marketing year low & worst in 3 years!

 

USDA reports record Mar. 18 soy crush 171.858 mill. bu! Capacity could be as high as .............

Thursday, April 19, 2018

..............2,050 bill. bu vs. current USDA estimates 1,970. USDA could up 17/18 crush usage to 2,000 & 18/19 - 2,100 - 2,200 on 2 new plants, ending stocks to drop 17/18 520 down 30 & 18/19 down 170 to 350

 

'18 Farms.com Risk Management ON Planting Intentions Survey & Results from Feb 4 - Mar 25 are out...

Tuesday, April 17, 2018

..........with corn acres up +6.4% to 2.25 million acres above 5-year average, soys down -7.45% to 2.84 & all wheat up +4.2% to 1.05 million

 

USDA Weekly Crop Progress (Apr 16)– Corn planted 3%, up from last week’s 2%, behind............

Monday, April 16, 2018

........... avg 5%. Winter Wheat G-E 31%, unchg from last week, vs. 54% last year; P-VP 37%, up from last week’s 35% & last years 13%!

 

2018 USDA April WASDE crop report neutral corn, slightly bullish soybeans and............

Thursday, April 12, 2018

2018 USDA April WASDE crop report neutral corn, slightly bullish soybeans and slightly bearish wheat vs. expectations but no game changer

 

Could the 2018 Argentina corn crop go below 30 MMT? Latest estimates- 32 MMT corn & 38 MMT Soy......

Friday, April 6, 2018

Buenos Aires Grain Exchange Weekly Update estimates 17/18 corn crop at 32 MMT vs. 41 LY) with crop is 22% harvested.  Soybean crop 38 MMT vs. 39.5 previous (58 MMT LY) yields are off 25-58% and crop is 15% harvested. 


 

2018 USDA March Bullish acreage report overshadowed the bearish grain stocks report....

Thursday, March 29, 2018

Bullish acreage report overshadowed the bearish grain stocks report- 18/19 new crop ending stocks could shrink more for corn & soys, but beginning stocks (17/18 ending stocks in the April USDA WASDE report) should go up for both. Some offsetting demand adjustments possible....

 

Did you know that today is the 10th anniversary of $25 for Minneapolis Wheat Futures?

Friday, February 23, 2018

Did you know that today is the 10th anniversary of $25 for Minneapolis Wheat Futures?

 

Day 2 of 2018 USDA Ag Outlook Forum projecting 18/19 U.S. soybean exports will ...........

Friday, February 23, 2018

......rebound to a record high 2,300 up 200 million bushels (2,100 17/18), boosted by the setback to Argentina’s crop from drought

 

The U.S. drought seems to be travelling from the South and intensifying vs. from the North in 2012!

Friday, February 23, 2018

The U.S. drought seems to be travelling from the South and intensifying vs. from the North in 2012!

 

USDA 2018 Feb. WASDE: bullish corn, bearish soys & wheat. 17/18 Corn ending stocks ............

Thursday, February 8, 2018

....... 2.352 bil bu, down -125 mil bu from last month; Soys 530 bil bu, up +60 mil bu; & Wheat 1.009 bil bu, up +20 mil bu

 

In the monthly CONAB crop report 2017/18 soybean production is estimated up 1.15 MMT to ............

Thursday, February 8, 2018

........ 111.55 MMT. Total corn production down 4.3 MMT to 88 MMT more than expected, 1st season corn crop down 0.48 and 2nd season down 3.94 and wheat at 4.65 MMT vs. last year at 4.26 MMT.

 

Ahead of USDA Feb crop report analysts are estimating U.S. 17/18 corn ending stocks to be down......

Monday, February 5, 2018

.....10 million bushels, soybean ending stocks up 22 million bushels and all wheat ending stocks up 4 million. Global corn stocks are expected to be down 2.6 MMT, soybean unchanged and wheat down 0.2 MMT. USDA also expected to lower Argentina soybean production by 2.2 MMT to 52.8 vs. 56 last month, Brazil production to offset up 1.5 MMT and Argentina corn down 1.4 MMT to 40.5 vs. 42 last month and Brazil corn down 1.4 to 93.5 vs. last month at 95 MMT. 

 

In Stats Canada’s December 31st stocks report all grain estimates came in lower than expected with..

Monday, February 5, 2018

....the exception of peas slightly supportive wheat, oats and canola futures. Canola stocks the highest since 1980! 

 

USDA released its 2018 January Semi Annual Cattle Inventory report, which was mostly friendly.......

Wednesday, January 31, 2018

....... for prices and did not show higher than expected US cattle inventory expansion, except for dairy cattle. 

 

AgRural analysts pegged 17/18 Brazil soybean crop harvest at 3.8% complete, that compares to........

Monday, January 29, 2018

.......... the 4.3% pace in the year earlier week, but ahead of the long-term average pace at 2.9% complete. They estimate Mato Grosso soybean harvest at 13.5% complete up from the 12.4% pace in the year earlier week. 

 

AAFC: 18/19 Canadian grain & oilseed acreage to rise +3.8% Y/Y to 28.1 mil ha. Canola crop to ......

Friday, January 26, 2018

rise to record 21.7 MT vs. prev. 17/18 record 21.3 MT, exports to increase to record 12 MT. Wheat acreage to increase +4% Y/Y, -11% drop in W. wheat more than offset by +5% in S. wheat

 

Weather playing havoc with South American Crop. Private estimates for 2017/18 crop .................

Tuesday, January 23, 2018

..........factoring lower Y/Y total South American corn and soybeans production. Current projections see a drop of -10 MMT Y/Y for total South American production

 

Pres. Trump says terminating NAFTA would be the "best deal" to revamp 24-year old pact. Stay tuned..

Thursday, January 18, 2018

........ for potential shock at 23rd Jan, 6th round, talks in Montreal, and a wild ride for CDN$. BoC raised rates +0.25% y’day. Some think a U.S. NAFTA withdrawal could sink CDN$ 5-6 cents!

 

The Bank of Canada (BoC) today increased its target for the overnight rate up +0.25 to 1 .25% as....

Wednesday, January 17, 2018

............. recent data has been strong, inflation is close to target, and the economy is operating roughly at capacity despite the NAFTA uncertainty. 

 

Rare snow covers the Sahara Desert in Algeria – Second year in a row after 40 years of absence

Monday, January 15, 2018

Rare snow covers the Sahara Desert in Algeria – Second year in a row after 40 years of absence

 

18 USDA Jan. crop reports bearish wheat & corn vs. expected & slightly bullish soys from ........

Friday, January 12, 2018

...........unexpected cut in yield to 49.1 bpa despite being offset by lower exports. The drop in 18 winter wheat acres was 1% but less than the 4% drop expected. The perennial bull market in cotton also saw a setback as the USDA trimmed ending stocks and increased exports but not as much as was expected by the trade. 

 

Dec. 1 corn stocks a new record high! USDA Dec. 1 corn stocks were ABOVE trade expectations at......

Friday, January 12, 2018

.......... 12.516 bln bu, soybeans BELOW at 3.157 bln bu, and wheat ABOVE at 1.874 bln bu. 

 

U.S. farmers planted the 2nd lowest ever of 2018 winter wheat acres at 32.608 million including.....

Friday, January 12, 2018

........... a record 109 year low of HRW acres of 23.1 mln.

 

U.S. winter wheat, through the end of December, shows crop stress. But, this doesn't include .......

Wednesday, January 3, 2018

...... the recent cold spell!

In North Carolina, winter wheat conditions were rated 72% G&E compared to 86% previously and P&VP was 4% compared to 1% back in Nov. In Colorado, winter wheat conditions were rated 48% G&E compared to 66% previously and P&VP was 21% compared to 7% in Nov. In Oklahoma, winter wheat conditions were rated 15% G&E compared to 30% previously and P&VP was 42% compared to 10% in Nov. In Illinois, winter wheat conditions were rated 56% G&E compared to 62% previously and P&VP was 15% compared to 11% in Nov. In Kansas, winter wheat conditions were rated 37% G&E compared to 51% previously and P&VP was 22% compared to 14% back in Nov. North Dakota conditions were very comparable to last month. Winter wheat conditions were rated 27% G&E compared to 28% previously and P&VP was 38% compared to 34% back in Nov. Nebraska wheat conditions improved. Winter wheat conditions were rated 64% G&E compared to 59% previously and P&VP was 7% compared to 10% back in Nov. South Dakota conditions also improved. Winter wheat conditions were rated 20% G&E compared to 18% previously and P&VP was 36% compared to 38% back in Nov. Montana conditions also improved. Winter wheat conditions were rated 40% G&E compared to 33% previously and P&VP was 13% compared to 15% back in Nov. 

 

Join us at 11:45a.m. EDT or 10:45am CDT for live review '17 USDA Dec. WASDE. Details in email.

Tuesday, December 12, 2017

Join us live 11:45 a.m. EDT or 10:45 am CDT for pre & post review 17 USDA Dec. crop report. Details in email

 

Market expectations for Dec. WASDE: reductions to the South American 17/18 crop..........

Thursday, December 7, 2017

........ Argentina Soybeans: 56.52 mmt vs 57.0 last month, Corn: 41.77 vs 42.0 last month. Brazil Soybeans: 108.2 mmt vs 108 last month, Corn: 93.26 vs 95 last month

 

Stats Canada 2017 Nov. Production report raised canola & wheat est. from trade expectations & ....

Wednesday, December 6, 2017

..... Stats Can Sept. est., but, corn est. was close to expected, & soy lower. Total wheat production declined 5.5% to 30.0 million tonnes in 2017 vs. last year, vs. expected 28 MMT. 21.3 million tonnes of canola in 2017, up 8.7% from 19.6 million tonnes in 2016. Corn at 14.1 (vs. 13.2 last year), 3.7 mmt for oats (vs. 3.2 last year), 7.9 mmt for barley vs. (8.8 last year). Soybean production was lower than expected at 7.72 MMT (but higher than last year’s 6.55 MMT). 

 

Informa lowered their Aussie and South American 17/18 Crop Estimates in December ....

Wednesday, December 6, 2017

17/18 Aussie wheat production at 20.3 mln mt off from the 21.6 mln mt previously. 

17/18 Brazil Soybean production at 110.0 mln mt off from the 111.00 mln mt prev., Brazil total Corn production at 89.0 mln mt off from the 92.0 mln mt prev. 

17/18 Argentina Wheat production at 18.0 mln mt up from the 17.7 mln mt prev., Soybean production at 54.5 mln mt down from the 55.0 mln mt prev., Corn production at 42.0 mln mt unchanged from the previous month

 

2018/19 U.S. grain beginning stocks are starting to snowball higher the past 5 years! The best .....

Thursday, November 16, 2017

 bull markets are led by demand & it will be the key to higher futures in 2018.

 

Informa now projecting 2018 corn acres to be up +0.96 million to 91.42,soybeans ...........

Thursday, November 16, 2017

down -0.72 million to 89.63 & all wheat down -0.25 to 45.63 & U.S. winter wheat at also down 0.25 to 31.92 million acres

 

USDA 13-Nov: Corn harvest 83% complete, up +13% wk/wk; Soybean harvest 93%, ...............

Monday, November 13, 2017

+3% wk/wk; Winter Wheat planted 95%, +4% wk/wk & Winter Wheat Condition 54% good-excellent, -1% wk/wk

 

'17 USDA NOV. WASDE (9th, Thurs)- Trade expects higher US corn yield est., no major changes for Soy

Tuesday, November 7, 2017

'17 USDA NOV. WASDE (9th, Thurs)- Trade expects higher US corn yield est., no major changes for Soy

 

17 USDA Oct. crop report bullish soybeans, neutral corn wheat looks like its all priced in!.........

Thursday, October 12, 2017

...........Surprise soy yields 49.5 & ending stocks 430

 

USDA 10-Oct-2017, U.S. corn & soy crop conditions G-E up +1% & corn harvest at 22% below the........

Tuesday, October 10, 2017

..........25-30% expected & soys 36% also below 42-47%

 

Conab forecasting a 13 year low in corn acres for 2017 in Brazil at the expense of soybeans but.....

Tuesday, October 10, 2017

.......forecasting soybean ranger below expectations

 

Bearish Again! '17 WASDE: 17/18 corn yield 169.9 bpa vs. expected 167.8. Soy yield 49.9 bpa vs......

Tuesday, September 12, 2017

........ expected 48.7

 

USDA (13 Sept) 1st corn harvest report 5% harvested, in line with expected 4-6%. Corn dented 75%....

Monday, September 11, 2017

USDA (13 Sept) 1st corn harvest report 5% harvested, in line with expected 4-6% vs. 5% last year & 7% average. Corn dented 75% vs. last week 60%, last year 85% & average of 81%

 

Final 17 2nd Annual Great ON Yield Tour results 163.2 bpa (+/-1%) for corn & 45.7 (+/-2%) bpa beans

Thursday, August 31, 2017

Thank You all hosts & sponsors

 

Conab forecasts a record South American #corn & #soybean crop - Large crops get larger! (chart).....

Thursday, August 10, 2017

 

'17 Aug USDA-WASDE forecasting a much bigger U.S. corn & soy crop at 169.5 & 49.4 bpa ..............

Thursday, August 10, 2017

 ..........respectively? A very bearish report near-term.

 

USDA crop progress report shows 5% G-E decline in IL to 58%! Do small crops get smaller? ...........

Tuesday, August 8, 2017

.........73% of U.S. is double digit worse conditions vs. 16



 

USDA surprises with a 1% drop in corn crop conditions G-E & p-vp +1%, soys up 2% in G-E ............

Monday, July 31, 2017

..........after last weeks 4% droo & HRS G-E drop 2% to 31%

 

 

Japan just slapped 50 % tariff on US beef ..............

Friday, July 28, 2017

https://www.cnbc.com/2017/07/28/japan-to-hike-tariffs-on-frozen-beef-imports-from-us-and-others.html

 

 

US Wheat Quality Council Thursday pegging 17 HRS wheat yield at 38.1 bpa vs. 16 at 45.7 & durum 39.7

Thursday, July 27, 2017

US Wheat Quality Council

 

Wheat Quality Council tour reporting dry & hot conditions were showing their effects on yields......

Wednesday, July 26, 2017

........... central & northwest North Dakota

 

DR. C also known as crop scout Cordonnier lowers his 17 corn & soy yield after a tour.............

Wednesday, July 26, 2017

........ in Indiana and Ohio

http://soybeansandcorn.com/news/Jul26_17-Trip-Report-Indiana-and-Western-Ohio


 

#cornbelt17 "Expert Tip of the Day" Missy Bauer apply late season nitrogen

Wednesday, July 26, 2017

"Expert Tip of the Day" Missy Bauer apply late season nitrogen

 

#cornbelt17 "Farmer Tip of the Day" Bob Gannon Climate/Fiedview can help plan next years crops

Wednesday, July 26, 2017

"Farmer Tip of the Day" Bob Gannon Climate/Fiedview can help plan next years crops

 

#cornbelt17 Check out Richard Tavers "Farmer Tip of the Day" keep soil moist using irrigation

Wednesday, July 26, 2017

Check out Richard Tavers "Farmer Tip of the Day" keep soil moist using irrigation

 

#cornbelt17 Check Out "Farmer Tip of the Day" Ryan Arens spray 3 times to control weeds on corn

Wednesday, July 26, 2017

Check Out "Farmer Tip of the Day" Ryan Arens spray 3 times to control weeds on corn

 

#cornbelt17 Check out "Farmer Tip of the Day" Steve Henry apply starter fertilizer "liquid gold"

Wednesday, July 26, 2017

Check out "Farmer Tip of the Day" Steve Henry apply starter fertilizer "liquid gold"

 

Mark your calender's 17 2nd Annual Great On Yield Tour is back! #onyield17 Aug. 14 -25, ...........

Wednesday, July 26, 2017

..........2 final events 25 & 31

 

Volunteer to be on 17 2nd Annual Great On Yield Tour #onyield17 Aug. 14 -25

Wednesday, July 26, 2017

Thank you to all our hosts & sponsors

 

Do not miss out, register now for 1 of final events Aug 25 in Winchester, ON or Aug 31 in Woodstock

Wednesday, July 26, 2017

#cornbelt17 Check out summary video & how to get 17 Special Report: US Crop Tour Summary,..........

Wednesday, July 26, 2017

........... Game Plan & Price Targets

 

Lower weekly US crop ratings again: Corn 62% G-E vs 64 last week; Soy 57 G-E vs 61 lw; HRS..........

Monday, July 24, 2017

............. wheat 33 vs 34 lw. Turnaround Tuesday coming?

 

Day 20 Jul 13, 17 #cornbelt17 Moe Agostino concluding 17 US Crop Tour final #GreenfieldGlobal event,

Thursday, July 20, 2017

............Chatham, ON Thank You all Sponsors

 

#cornbelt17 Fred Below "Quest for higher corn & soy yields" #GreenfieldGlobal event, Chatham, ON,..

Thursday, July 20, 2017

7 Wonders of the Corn Yield World"

 

End of 17 US Crop Tour projecting a below avg. corn & soy yield 158 - 162 & 45-46 bpa respectively,.

Thursday, July 20, 2017

......... 17 is not 16!

 

USDA confirms lower crop conditions, 10 July: Spring Wheat G-E 35% (as expected) vs last week.......

Monday, July 10, 2017

..........37%, P-V.P 39% vs 33 lw! Corn & soy also down

 

End of crop tour in WI #cornbelt17 Centre North a mess but Centre South looks great rated a 7.......

Sunday, July 9, 2017

..........out of 10 Thank you to all sponsors.


 

Day 14 End of crop tour in IA #cornbelt17 by far the best state with the most uniformity, rated 8...

Sunday, July 9, 2017

.....out of 10 but its not 2016 record crop

 

Day 14 Jul 7, 17 #cornbelt17 "Farmer Tip of the Day" Bob Gannon, Delmar, IA Climate/Fiedview........

Saturday, July 8, 2017

..........can help plan next years crops & marketing plan

 

USDA Crop Progress, 5 July: Corn 68% G-E (+2% vs expec); Soy 64% G-E (-1%); Spring Wheat 37%........

Wednesday, July 5, 2017

...........G-E (-1%); Winter Wheat 48% G-E (-1%). Bullish!

 

US EPA: '18 US Renewable biofuel level 19.24 bil gal vs 19.28 @'17. Ethanol unchanged..............

Wednesday, July 5, 2017

.......15 bil gal. Advanced biofuel 4.24 bil gal vs 4.28 @'17

 

Day 11 Ending of crop tour in MN #cornbelt17 this was the best state out of 10 states thus..........

Tuesday, July 4, 2017

.......far rating a 7 out of 10 not as good as last year

 

Day 9 Jul , 17 #cornbelt17 Summary of ND less than ideal planting & growing season & dry ...........

Monday, July 3, 2017

.........weather will drag on yields rating 4 out of 10  

 

Day 8 July 1, 17 #cornbelt17 summary of the state of SD no Garden state here, lots of ............

Sunday, July 2, 2017

.........variability rating the state a 6 out of 10

 

Day 7 Jun 30, 17 #cornbelt17 summary of tour NE crops are behind 2-4 weeks lower - ...........

Saturday, July 1, 2017

.........central looking good but northern areas dry & stressing

 

2017 USDA Quarterly Grain & Acreage Report bullish soybeans & wheat, & bearish corn vs. expectations

Friday, June 30, 2017

2017 USDA Quarterly Grain & Acreage Report bullish soybeans & wheat, & bearish corn vs. expectations

 

Starting Day 1 June 24, 17 in Ohio running a little late Thanks to Platinum Sponsors: ..............

Saturday, June 24, 2017

............Greenfield Globalontag, FramsNews, BetterFarmingON

 

New Contest & win fabulous prizes for 17 US Corn Belt Crop Tour #cornbelt17

Friday, June 16, 2017

2017 US Corn Belt Crop Tour. Watch intro Video. Thanks to all Platinum & Silver sponsors

Friday, June 16, 2017

Join us 17 US Corn Belt Crop Tour Greenfield Global Final Event July 13, Chatham, ON. Register now!

Friday, June 16, 2017

Must see Register Now! Fred Below, special "quest for higher corn & soybean yields" farmer favorite

Friday, June 16, 2017

Volunteer to be part of 2017 6th Annual US Corn Belt Crop Tour

Tuesday, June 6, 2017

#cornbelt17 through 12 U.S. states from June 24th – July 10th, 2017 with “Marketing Man” Moe Agostino. Our tour videos are viewed by the farm community across the globe and you and your farm could be selected to be featured in one of them. Click here

 read more ...

USDA Crop Progress 1/10th of the corn crop in IN, IL & OH is P-VP, HRS 55% G-E -7% largest..........

Tuesday, June 6, 2017

......since '08 & lowest reading since 02 yield at 29.1

 

Day 7 Jun 30, 17 #cornbelt17 summary of tour NE crops are behind 2-4 weeks lower -.............

Thursday, June 1, 2017

..........central looking good but northern areas dry & stressing

 

USDA reports 1st U.S. corn conditions at lower end of est. 63-71% at 65% vs. expected at 69%,.......

Tuesday, May 30, 2017

.......72% in 16, 10 year avg. 69% vs. 08 & 13 at 63%

 

Ag Canada forecasts tight canola carryout for 16/17 & 17/18 at 0.600 MT 11th lowest on record.......

Friday, May 26, 2017

.......since 1980 & 0.350 MT respectively 3rd lowest


 

International Grains Council: 17/18 global corn output 1.026 bil MT, unchanged from previous;......

Thursday, May 25, 2017

.................17/18 global wheat 736 mil MT, also unchanged.

 

Trifecta in hog futures with all summer 17 future contracts above $80/cwt for the first time in 17..

Wednesday, May 24, 2017

........as is the pork cutout value above $90/cwt

 

July 17 hog futures hit new contract highs, trading above $80/cwt for first time this year on.......

Friday, May 19, 2017

........rumors of strong Chinese demand for US pork!

 

Lanworth lowers 17/18 US corn production to 13.9 bil.bu. vs. previous 14.1, USDA 14.06 & soy........

Thursday, May 18, 2017

.......to 4.09 vs. previous 4.16 vs. USDA at 4.25

 

Analyst Lanworth is using an average U.S. corn yield of 166.9 bpa and soybean is at 46.8 to.........

Thursday, May 18, 2017

 .........arrive at lower 17/18 production at 13.99 & 4.09

 

Crop scout Dr. Cordonnier pegs the 17 U.S. corn yields at 169 and soys at 49 due to.............

Wednesday, May 17, 2017

........the less than ideal planting conditions for corn in 17

 

Crop scout Cordonnier raised his estimates for Argentine corn & soybeans on favorable weather,......

Tuesday, May 16, 2017

..........soys +1.5 MMTto 56.5 & corn +2 to 39 MMT

 

USDA crop progress report pegs US corn emerged at 31% vs. 5-year at 36% & soys at.............

Monday, May 15, 2017

..........8% vs. 5-years at 9%

 

USDA crop progress report pegs US winter wheat crop conditions at 51% good-excellent down 2%........

Monday, May 15, 2017

........from last week, poor to very poor up 2%

 

USDA crop progress report pegs US corn planting at 71% vs. expected at 68% and..........

Monday, May 15, 2017

...........5-year at 73%, soys 31% vs. 28% expected & 5-year 32%

 

Informa pegs 17 US soy planted acres at 89.7 million acres vs. USDA 89.5, corn also at 89.7 vs......

Friday, May 12, 2017

.......USDA at 90, spring wheat 10.9 & cotton 12.2

 

US Com. Sec. Ross says agreement with China to expand U.S Beef will begin no later than July 16.....

Friday, May 12, 2017

.....while allowing Chinese origin poultry in US

 

According to sources cited from Dow news China/U.S. will release joint statement in May to..........

Friday, May 12, 2017

.........rebalancing trade & increase exports such as LNG

 

Rumors abound on pending RVP waiver (retailers to market E-15 to motorists in summer), in.......

Friday, May 12, 2017

......final Senate bill & enough support to get to house

 

Brazil CONAB 16/17 Corn crop 92.8 MMT, up from 91.5 MMT in April. Soybean crop............

Thursday, May 11, 2017

...........113 MMT, up from the 110.2 MMT in April

 

2017/18 USDA May WASDE Report neutral to bullish vs. expectations, global soys & wheat...........

Wednesday, May 10, 2017

........higher, corn lower, soy ending stocks 480 vs. 570!

 

USDA crop progress better than expected for U.S. corn planting at 47%, & spring wheat at 54% but....

Monday, May 8, 2017

...........lower on soybeans at 14%

 

Wheat Quality Council Tour: 17 Kansas wheat average yield 46.1 bpa vs. 57.0 last season,...........

Friday, May 5, 2017

..............L-T avg. 41.6 & production at 281.7 down 40% vs. 16

 

Stats Canada March 31 2017 All Wheat Stocks better than expected 16.601 MMT vs. expected............

Friday, May 5, 2017

......at 18.3, yr ago 14.38 MMT

 

Stats Canada March 31 2017 Durum Wheat Stocks: 4.078 MMT also better than expected at 5.2...........

Friday, May 5, 2017

....... vs. yr ago 2.70 MMT

 

Stats Canada March 31 2017 Canola Stocks pegged at 6.567 MMT better than expected at 6.7 MMT........

Friday, May 5, 2017

..........vs. yr ago 8.56 MMT

 

US Inter'l Trade Commission affirmed antidumping & countervailing duty investigations concerning....

Friday, May 5, 2017

......Biodiesel from Argentina and Indonesia

 

U.S. Mar pork exports hit new record volume +16% & topped record in Nov. 16, March exports..........

Friday, May 5, 2017

FC Stone & Informa raise their 16/17 South American crop estimates in May

Wednesday, May 3, 2017

FC Stone & Informa raise their 16/17 South American crop estimates in May

 

USDA reports that U.S. corn is 34% planted unchanged vs. 5-year average but below last year.........

Monday, May 1, 2017

.......at 43%. But how many cares have to be replanted?

 

Trump slaps on a 20% tariff on all Canadian lumber imports, CDN $ falls below support..............

Tuesday, April 25, 2017

..........at $0.74 next target $0.73!

 

Stats Canada 2017 canola Acreage Intentions: 22.4 mln acres +1.1 vs. expected at 21.3 mln...........

Friday, April 21, 2017

..........acres vs. last year 20.37 mln acres

 

Stats Canada 17 All wheat Acreage Intentions pegged at 23.18 mln acres up 0.78 vs. expected at......

Friday, April 21, 2017

...........22.4 mln acres vs. last year 23.2 mln acres

 

Stats Can acres came in bigger than expectations for all wheat, canola, soys & corn, 22.4 mil.......

Friday, April 21, 2017

.........canola acreage is a new record high!

 

USDA crop progress report (16-April-2017) worse than expected with US corn planting at only 6% vs...

Tuesday, April 18, 2017

........8-10%, last year 12% average is 10% still early!

 

USDA crop progress, 10th March 2017, Corn planting 3% complete (last year 4%); Spring Wheat........

Monday, April 10, 2017

......planting 5% (last 12%); Winter Wheat 53% G-E, 34% Fair & 13% P-VP vs. last week's 51% G-E, 35% Fair, 14% P-VP

 

Livestock futures trading higher as Feb U.S. pork & beef exports were well above year-ago, Feb......

Thursday, April 6, 2017

........pork volume strongest on record

 

 

Crop scout Cordonnier raised est Brazil 16/17: Soy o/p 107MMT, up 1MMT from last wk, corn...........

Tuesday, March 14, 2017

.......unchngd 86; Argentina: Soy 55, up 1, corn 37, up 1

 

Informa updated 2017 US prospective planted acres: Corn 90.8 million, soybeans...........

Monday, March 13, 2017

........88.7 million, all wheat 45.6 million.

 

Bird Flu detected on a U.S. Tyson chicken farm in TN. this news prompted South Korea to.............

Monday, March 6, 2017

....... announce a ban on imports of U.S. poultry.

 

USDA March WASDE: small adjustments expected, 16/17 US corn stocks to drop to 2.31 bil bu, soys.....

Monday, March 6, 2017

...to 0.418 bil bu, & wheat to 1.135 bil bu

 

USDA March WASDE: increase expected in global corn & soy stocks by 0.9MMT &..........

Monday, March 6, 2017

..........1.1MMT resp, due to growing SA crop (corn up 1.2 MMT & soy 1.9)

 

Informa Economics pegs 16/17 Brazil corn production at 91.0 mmt up +2.0 & up 25 vs. last year! Soy..

Friday, March 3, 2017

........ at a record 108 +1.5 vs. USDA at 104

 

Biofuels word of the day, rumors Trump preparing executive order change RFS mandate,.........

Tuesday, February 28, 2017

.........more adoption E-15 vs. E-10 but denied by White House

 

Day 2 USDA Ag Outlook Forum forecasting 17 #corn ending stocks to fall by 105 mil bu, all #wheat....

Friday, February 24, 2017

.....to fall 235, unchanged

 

17 USDA Ag Outlook Forum pegs 17 corn acres 90 million vs. expectations at 91, soys at..........

Thursday, February 23, 2017

..........88 vs. 87.5 million

 

017 USDA Feb. WASDE report forecasts 16/17 combined South America crop +6.2 mmt vs..............

Friday, February 10, 2017

........last year vs. expectations for +5.3

 

17 USDA Feb. crop report neutral wheat although global numbers were lower, friendly corn &.......

Friday, February 10, 2017

.......slightly bearish soybeans but global stocks down

 

Brazil's CONAB forecasting 16/17 corn 87.4 mmt up +2.9 mmt vs. Jan. & last year 67,.....

Friday, February 10, 2017

.....soys 106.5 + 1.8 vs. last month 103.8 & last year 96.50

 

According to analytics firm Kensho, Inauguration Day for past 5 new Presidents, S&P 500 was down....

Friday, January 20, 2017

.....80% of the time, with avg. decline 1.6

 

When President Obama was sworn in Jan '09,wild day in grain markets then: 31-cent range in corn,....

Friday, January 20, 2017

......40-cent in wheat & 60-cent in beans. Today?

 

Bank of Canada worried over a more protectionist US & Donald Trump, rate cut now on the table,......

Thursday, January 19, 2017

........bearish CDN $ down 2.2% in 2 days 2 week low

 

Dr. Michael Cordonnier - 2016/17 Argentina Soy production est.: 51 MMT (down..........

Wednesday, January 18, 2017

.........4 MMT from prev. est.); Arg. Corn: 34 MMT (down 0.5 MMT)

 

Tomorrow is last day fund index rebalancing, markets reopen Mon. night for..........

Friday, January 13, 2017

.....U.S. Martin Luther King holiday, Jan. contracts expire noon today

 

USDA increase Argentina soybean production to 57 mmt vs. last month at 56.5 & Brazil at............

Thursday, January 12, 2017

........104 vs. last month at 102.4 mmt +2.1mmt combined

 

2017 USDA January WASDE, Quarterly Grain Stocks & Wheat Acreage reports bullish............

Thursday, January 12, 2017

......soybeans & wheat, neutral corn

 

USDA surprises with a final 2016 lower soybean yield at 51.1 vs. last month at 52.5 &.............

Thursday, January 12, 2017

..........ending stocks at 420 vs. last month at 480 million bu

 

USDA surprise with lower total U.S. wheat planted acres at 32.40 million vs...........

Thursday, January 12, 2017

........expected at 34.14 million acres

 

Informa Economics pegs 16/17 Argentina corn production at 36.0 MMT, off 0.5; Soy........

Friday, January 6, 2017

....... at 55 down 1 mmt & wheat at 15 +2 mmt.

 

Reuters poll of commodity analysts: new 16/17 forecast Brazil soybean production @ 103.5MMT...

Friday, January 6, 2017

......up +400,000 mt, corn 88.1 mmt

 

FC Stone International increased its 16/17 Brazil soybean production forecast by +700,000 mt to.....

Friday, January 6, 2017

........102.8 mmt on better yields in some states

 

US$ selloff accelerated, y-day Fed meeting- less aggressive 2017 rate hike approach (2 & not 3; +...

Thursday, January 5, 2017

 ... only in June) + Strength in Chinese Yuan

 

Soybean futures could be topping when mainstream media starts talking about the move in soys......

Wednesday, December 21, 2016

Informa updated 17/18 acreage forecasts with corn down 650,000 to 90.15 mln acres, soys.............

Friday, December 16, 2016

............... +262,000 to 88.862 & winter wheat down 2.2 to 33.2

 

YTD U.S. soybean inspections stand at 1.025 billion bushels, 1st time over .........

Tuesday, December 13, 2016

........1 billion this early in the crop year vs. 858 million last year

 

2016 Dec WASDE: Neutral for prices! ......

Friday, December 9, 2016

.... 16/17 US corn carryout 2.403 bil bu; Soy 0.48 bil bu; Wheat 1.143 bil bu; All unchanged from last month!

 

Strategie Grains: 2017 EU soft wheat 24.3 mil ha vs. 24.2 in 2016; rapeseed (canola) sees..........

Friday, November 18, 2016

..... modest increase of 90,000 ha to 6.62 mil ha in '17

 

Strategie Grains: 16/17 EU grain production 295.5 MMT vs last month 295.3; Soft wheat 135.7 vs.....

Friday, November 18, 2016

..... 35.8 last; Corn 59.6 vs 59.8 last

 

Buenos Aires Grain Exchange: 16/17 Soy 19.6 mil ha, planting 24.2% complete; Corn 40.3%.....

Friday, November 18, 2016

......complete, 1.973 mil ha of 4.9 expected;Wheat 12.5 MMT

 

Informa:'17 US. soy 88.61 mil acr vs 88.49 prev vs. '16@ 83.7;Corn 90.84 vs 90.97 prev vs '16@ 94.5

Friday, November 18, 2016

...... Winter wheat 33.76 vs 35.42 prev vs '16@ 36.5

 

2016 Nov WASDE: US 16/17 corn ending stocks 2.403 bil bu vs expected 2.3;.....

Wednesday, November 16, 2016

..... Soy 0.48 bil bu vs expected 0.42

 

USDA Crop progress – Nov. 14 Corn harvest – 93% Soy harvest – 97% Winter wheat – 59% g/e

Wednesday, November 16, 2016

USDA Crop progress – Nov. 14 Corn harvest – 93% Soy harvest – 97% Winter wheat – 59% g/e

 

NOPA October US Soy Crush: 164.64 mil bul (160.4 expected); Soy Meal Exports: 562,180 tons;......

Wednesday, November 16, 2016

...... Soy Oil Stocks: 1.343 bil lbs (1.323 expected)

 

2016 Nov WASDE: Significantly Higher US corn yield at 175.3 bpa, Soy higher at 52.5 bpa, bearish!

Tuesday, November 15, 2016

2016 Nov WASDE: Significantly Higher US corn yield at 175.3 bpa, Soy higher at 52.5 bpa, bearish!

 

FC Stone forecasting 16/17 U.S. corn yield at 175.3 bpa for a 15.226 billion bushels

Wednesday, November 2, 2016

soys yield at 52.8 bpa, production at 4.386 billion bu

 

FC Stone forecasting Brazil first crop corn unchanged at 29.7 mmt vs. 25.8 mmt last year.

Wednesday, November 2, 2016

FC Stone forecasting Brazil first crop corn unchanged at 29.7 mmt vs. 25.8 mmt last year. 

 

2016 November canola futures breaks resistance at $500/mt not seen since June of 2016!

Wednesday, October 19, 2016

2016 November canola futures breaks resistance at $500/mt not seen since June of 2016!

 

Another delay in harvest for Western Canada this weekend sends canola futures up again ......

Monday, October 17, 2016

..... with Jan. & March 17 futures trading both above $500

 

2016 USDA Oct. crop report in line with expectations: neutral/slightly bullish but......

Wednesday, October 12, 2016

...... ending stocks big, corn 2.32 bb, soys 395 mb & wheat 1.138 bb

 

UN FAO Sept price index rose +2.9% to 170.9 index points,up +10% Y/Y ......

Thursday, October 6, 2016

..... Meat, dairy & vegoil prices increased offsetting grain price declines

 

Buenos Aires Grain Xchange: Argentine 16/17 Corn @ record 36 MMT (+20% from last year's 30).Soy @...

Thursday, October 6, 2016

..... 53 MMT vs. 56 past season.Wheat @ 12.5 MMT

 

CONAB: Brazil 16/17 soy 101.9-104 MMT vs 15/16 @ 95.43. 16/17 corn 82.3-83.8 MMT vs. .....

Thursday, October 6, 2016

..... 15/16 @ 66.98; 1st season @ 26.3-27.7 & safrinha @ 56.1

 

Brazil's grain export association ANEC lowered Brazil 2016 Soybean exports to 52 MMT .....

Wednesday, October 5, 2016

..... vs previous 57 MMT. 2017 Soybean exports at 53 MMT.

 

Informa, 5 Oct. 2016: US 2016 Corn o/p 15.22 bil bu, yield 174.5 bu/ac. Soybean ......

Wednesday, October 5, 2016

..... o/p 4.3 bil bu, yield 51.6 bu/ac

 

Western Canada: Near blizzard for brief periods in some areas tonight & Wednesday....

Tuesday, October 4, 2016

Widespread freezing temps for Prairies late week & weekend

 

FC Stone: Brazil 16/17 Soy crop 101.80 MMT vs Sept est. 101.85 MMT.......

Tuesday, October 4, 2016

Brazil first season 16/17 Corn crop 29.7 MMT vs Sept est. 29.0 MMT

 

FC Stone's new production est: Corn yield 175.2 bpa vs 175.6 prior.......

Tuesday, October 4, 2016

... production 15.16 bil bu. Soy yield 52.5 bpa & production 4.357 bil bu

 

2016 USDA Sept. 1 Quarterly Grain Stocks Report corn 1.738 vs. 1.75, soys 0.197 vs. 0.2 ......

Friday, September 30, 2016

..... & wheat 2.527 vs. 2.40

 

2016 USDA Sept. 1 Quarterly Grain Stocks Report neutral to slightly bullish corn & soybeans .....

Friday, September 30, 2016

..... but neutral to slightly bearish wheat.

 

Stats Canada new satellite model projecting a 44.1 bpa soy yield for ON vs. #ONyield16 at 43.....

Thursday, September 22, 2016

...... & corn at 165 vs. 149 respectively?????

 

Canadian beef access announced today to China for bone in beef under 30 months ......

Thursday, September 22, 2016

..... is immediate.

 

China agrees to maintain Canada's access to $2B canola market through 2020; Canola futures +7.2/MT..

Thursday, September 22, 2016

.... +1.5%.  http://www.cbc.ca/news/politics/canada-china-beef-canola-1.3773980

 

 

Early U.S. soy harvest reports better than expected & some saying "best ever" ............

Wednesday, September 21, 2016

........ with some analysts now thinking higher USDA soy yields in Oct.

 

US Fed leaves interest rates unchanged in Sept & dials down its economic forecast to 1.8% .........

Wednesday, September 21, 2016

...... from 2.0% in June

 

Egyptian gov't rescinded its 0 tolerance policy on wheat, will adhere to 0.05% inter'l standard.....

Wednesday, September 21, 2016

..... & will apply to all O/S & future contracts

 

16 USDA Sept. WASDE crop Report disappointing vs. expectations slightly bearish

Monday, September 12, 2016

corn yield 174.4 & soybeans at 50.6 bpa a new record high!

 

USDA weekly exports (net 15/16 & 16/17): Corn 1.11 MMT (expec 0.75-0.95); Soy 1.76 (1-1.3); Wheat...

Friday, September 9, 2016

........ (16/17-17/18) 0.66 (0.35-0.55)

 

USMEF (USDA data) July US beef export volume +8% Y/Y to 99,341 tons, value $526.7 mil (-5%); Pork...

Friday, September 9, 2016

.......Pork vol 180,547 T(+8%), val +11% to $491.9 mil

 

Reuters: EU corn output 2016 could be under 60 MMT again vs current est. 62.5 MMT......

Friday, September 9, 2016

 .....2014 was highest at 75.7 MMT

 

CONAB Brazil 15/16 Corn production 66.98 MMT (68.48 last);.....

Friday, September 9, 2016

....... 15/16 Winter Corn prod. 41.13 MMT (last 42.59)

 

Pvt est. Sept WASDE 16/17 US Soy yield: Informa 49.5(last 47.7); FC Stone 50.1(last 48.8);...

Friday, September 9, 2016

.... Commodity Weather 49(last 48.9); Linn-Assocts 49.6

 

Pvt est. Sept WASDE 16/17 US Corn yield: Lanworth 168.2; Informa 174.8(169.8 last);...

Friday, September 9, 2016

....... FC Stone 175.6(175 last); Linn-Associates 171.5; SocGen 170

 

Avg Pre-Report est. Sept. WASDE US Corn 173.4 bu/acre vs 175.1 (Aug); Soy 49.2 bu/acre vs 48.9 (Aug)

Friday, September 9, 2016

...... Wheat end stocks 1.1 bil bu (same as Aug)

 

2016 Great ON Yield Tour projecting Ontario corn yields at 149 & soys at 43 bpa

Friday, September 2, 2016

Lots of variability, dry counties, pest pressure, lower population, lower kernel lenght, below avg. crops.

 

Informa forecasting 16 soybean production estimate of 4.127 billion bushels, avg.yield 49.5 bpa

Friday, September 2, 2016

Corn production 15.3 billion & yield 174.8

 

Canada, Wednesday, gets reprieve from China putting off implementing strict rapeseed import rules...

Wednesday, August 31, 2016

...... and both sides agreeing to continue to work toward a longer term solution.

 

Statistics Canada, 23 August 2016, Canada Corn yield- 149.3 bpa, Ontario- 153.5 bpa; ....

Tuesday, August 23, 2016

Soybean Canada yield- 40.3 bpa, Ontario- 41.6 bpa

 

USDA Aug 16 WASDE bearish corn (175.1 bpa), soys (48.9 bpa) a new record & wheat vs. expectations

Friday, August 12, 2016

16/17 corn carryout 2.4 billion will weigh

 

16 Great ON Yield Tour; Thanks to Contributors Deveron WeatherInnovations

Thursday, August 11, 2016

on Twitter  

 

16 Great ON Yield Tour; Thanks to Bronze Sponsors Collins Barrow, Penta

Thursday, August 11, 2016

on Twitter 

 

16 Great ON Yield Tour; Thanks to Silver Sponsors BetterFarming, Michelin, Tirecraft

Thursday, August 11, 2016

on Twitter  

 

16 Great ON Yield Tour; Thanks to all hosts Farms.comRiskManagement, Farms.com, Alpine, Maizex, COFS

Thursday, August 11, 2016

on Twitter  

 

US Climate Prediction Center a slight chance La Nina conditions Aug - Oct

Thursday, August 11, 2016

Chances increase to 55% - 60% of La Nina developing in the 2016/17 winter

 

Reuters forecasting 17 Brazilian soybean acreage will expand 1.5 % compared to last year.

Thursday, August 11, 2016

This would be the smallest expansion in a decade

 

16 Great ON Yield Tour;Thanks Platinum Sponsors BASF, SWAG, Palmerston,Greenfield, CaseIH, JohnDeere

Thursday, August 11, 2016

on Twitter 

 

Informa estimated the US 16 soybean yield at 47.7 bpa for a total crop of 3.958 billion ............

Friday, August 5, 2016

.......... vs. last month at 3.89 billion

 

Informa estimated the 16 US corn yield at 169.8 bpa for a total crop of 14.694 billion ........

Friday, August 5, 2016

...........vs. last month at 14.53

 

FC Stone 2016 US Corn production: 15.1 bil bu; yield 175 bpa; Soybean:...........

Tuesday, August 2, 2016

.............. 4.054 bil bu; yield 48.8 bpa

 

USDA Crop Progress(Aug1): Corn 76% G-E vs expected 75%;..........

Tuesday, August 2, 2016

....... dough stage 30% vs 25% avg. Soy 72% G-E vs expected 70%; setting pods 54% vs 44% avg

 

USDA 16 July WASDE Report was supportive/friendly corn & soys, but....

Tuesday, July 12, 2016

bearish wheat HRW production 1.034 billion bu. +8.4 vs. expectations 0.95

 

#cornbelt16: Thanks to our sponsors #PRIDEseed & #Penta, Check out all of the photos, farmer .....

Monday, July 11, 2016

interviews & Minnesota state video on our webpage & new mobile app

 

#cornbelt16: Day 15 July 9, ending tour in WI rating above avg. for.....

Saturday, July 9, 2016

..... corn & soys an 8-8.5

 

According to Tractica, a market intelligence firm global market for ag robots....

Thursday, July 7, 2016

is expected to explode to 73.9 billion by 2024 from 3.0 in 2015

 

USDA Weekly Crop Progress, July 5, Corn 75% G&E, Soy 70% G&E ......

Tuesday, July 5, 2016

..... well above the 10-year average!

 

2016 US Crop Tour: Check out all the photos, farmer & industry expert interview and state videos

Tuesday, July 5, 2016

http://riskmanagement.farms.com/events/us-cornbelt-tour-2016

 

 

#cornbelt16: Check out all of the photos from Day 5 June 29, Thanks to sponsors #PRIDEseed & #Penta

Tuesday, July 5, 2016

... on the webpage and new mobile app

 

#cornbelt16: Day 10 July 4th; We are taking a break today to recharge & resuming our crop tour.....

Monday, July 4, 2016

.... on Tues. Jul 5th in the State of MN

 

Day 4 June 28 #cornbelt16, soybeans looking good east of Springfield, IL planted May 10

Tuesday, June 28, 2016

- first-hand pictures on webpage & app

 

USDA-ERS: US winter wheat yield @ record high 50.5 bpa,......

Tuesday, June 28, 2016

..... winter wheat production @ 1.5+ bil bu; exclellent growing conditons in Great Plains

 

Day 4, June 28, 2nd day in IL,#cornbelt16,Thanks sponsors #PRIDEseed #Penta, lots of tasseled corn..

Tuesday, June 28, 2016

...... before July 1

 

Buenos Aires Grain Exchange weekly report raised their 2015/16 Argentina corn harvest ........

Tuesday, June 28, 2016

....... estimate to 28.0 MMT up from the 25.0 MMT previously

 

Stats Canada's updated acreage estimates release on Wednesday, June 29, .........

Tuesday, June 28, 2016

...... market expects upward revision to canola number vs earlier forecast

 

USDA Wkly Crop Progress,26-June-16, soil moisture lower!:Topsoil- 69%Adequate-Surplus vs 74% last...

Monday, June 27, 2016

...... week; Subsoil- 74%Adequate-Surplus vs 78% last week.

 

USDA Crop Progress,26-June-16 (lagging!): Soybeans 72%G&E vs 73% last week;.......

Monday, June 27, 2016

.....Corn: 75% G&E vs 75% last week;Winter Wheat: 62%G&E vs 61%

 

Check out the farmer interviews, #cornbelt16,Chuck Wildman and Lane Oswald ...

Monday, June 27, 2016

...... in State of Ohio on the webpage and new mobile app. Thanks guys! 

 

Check out the State of Ohio video for Day 1 June 25 #cornbelt16,Thanks sponsors #PRIDEseed #Penta...

Monday, June 27, 2016

.....both, on webpage and on the new mobile app.

 

Day 3, June 27, #cornbelt16,Thanks sponsors #PRIDEseed #Penta, near Roseville, IL ......

Monday, June 27, 2016

......good looking soys planted April 20 

 

Day 2 June 26 #cornbelt16 end of crop tour in IN great looking irrigated corn but......

Sunday, June 26, 2016

.....dry land corn & soys avg. at best!

 

End of Day 1, June 25th #cornbelt16 tour in the State of Ohio: Ranking corn 6/10 & beans 7/10

Sunday, June 26, 2016

Corn needs a drink!

 

With the UK out of the EU, only 12% probability US interest rates will rise in 2016

Friday, June 24, 2016

Brexit has lowered the probability of a US interest rate hike by end of 2016 to 12%

 

UK exits EU: US$ soars,+2.13 @95.665, CDN plunges to 0.7715

Friday, June 24, 2016

Dow down over 400 pts, pound plunges, grains sharply down 

 

Crop Scout Cordonnier lowered his 2016 corn average yield to 165 vs. USDA at 168

Wednesday, June 22, 2016

A 430 million bushel difference

 

Dec. corn futures trading to highs $4.46 on weather worries as rainfall in the lower Midwest, Delta

Monday, June 13, 2016

6-10 day US weather forecast calling for higher than normal temps and below normal precipitation

 

Informa estimating US 16 Corn Acreage at 92.5; this compares to USDA March Intentions at 93.6

Monday, June 13, 2016

soys at 83.8 vs. USDA at 82.2

 

CONAB is forecasting a 95.6 mmt Brazil soybean crop (last years record 96.2 mmt) down 3.3 mmt

Thursday, June 9, 2016

April at 98.9 vs. USDA at 99 mmt.

 

CONAB is forecasting the 15/16 corn crop at 76.2 mmt down 3.7 mmt from May's 79.9 mmt

Thursday, June 9, 2016

May's 79.9 mmt vs. USDA at 81.1 mmt.

 

All Chicago wheat 2016 contracts from July - December broke above the 200-day moving average!

Monday, June 6, 2016

The last time was in April of 2016

 

US Fed Chair Yellen in speech today may have signaled only 2 U.S. interest rates hikes in 2016

Monday, June 6, 2016

US $ Index off of sessions lows -$0.108

 

USDA crop progress report corn is 98% planted vs. 5 year 97%, soys 83% vs. 77%

Monday, June 6, 2016

corn crop conditions 75% G-E +3% vs. last week, soys 72% 

 

USDA crop progress report shows Us winter wheat crop conditions falling 1% to 72% G-E vs. last week,

Monday, June 6, 2016

US Winter wheat is 2% harvested vs. 10% last year

 

2016 5th Annual Farms.com Risk Mgt US Corn Belt Crop Tour webpage click on events below

Monday, June 6, 2016

http://riskmanagement.farms.com/events/us-cornbelt-tour-2016

 

All U.S. farmers who want Moe Agostino to visit on your farm on 16 US Crop tour Jun 25 - Jul 11

Monday, June 6, 2016

Join us July 14 http://Farms.com Risk Mgt 3rd Annual Penta Event in Glencoe, ON at Penta Plant

Monday, June 6, 2016

Thank you to our sponsors for the 2016 US Corn Belt Crop Tour #prideseeds #penta

Monday, June 6, 2016

#cornbelt16

 

Odds of US interest rate hike plunges 30 to 4% for June after major jobs miss

Friday, June 3, 2016

US economy added 38,000 jobs in May vs. expectations for 155,000, US $ -0.916, CDN $ down 0.0080

 

Informa est. higher 16 wheat production by 39.5 million bu to 1.448, 16 Brazil corn -2.1 to 78.9

Friday, June 3, 2016

Brazil soybean production down -1.6 to 98.5 & and Arg 15 soys unchnaged at 55 mmt

 

No surprises from June 1, 2016 OPEC Meeting oil production remains unchanged no agreement for a prod

Thursday, June 2, 2016

Crude Oil down 2.0%

 

New contract highs for summer 2016 hog futures July and August

Thursday, June 2, 2016

As the US pork cutout trades above $86/cwt!

 

A turn to a dryer mid-June US Midwest outlook by forecasters helped stimulate buying by funds

Wednesday, June 1, 2016

New contract highs on both corn and soybean contracts

 

OECD downgraded global economic growth, 2016, to 3%, -0.3%; & 2017 to 3.3%

Wednesday, June 1, 2016

They warn that more fiscal policies need to be used to stimulate growth and avoid using monetary policies 

 

Barclays report: Funds' commodity assets total value up in April, $220M vs $193M March

Wednesday, June 1, 2016

Vs. 161 million a year ago

 

New 1 month NOAA June weather outlook below normal precip.

Wednesday, June 1, 2016

for IL,IN,E MO,KY&TN

 

Janet Yellen said at Harvard University speech that an interest rate hike is "probably" appropriate

Friday, May 27, 2016

if economic conditions improve, US $ up 

 

GC warned that all global grain stocks could rise to record highs in the next crop year but over 40%

Friday, May 27, 2016

IGC increases global corn production by 5 mmt to 1 billion metric tons

 

WTI Crude oil futures break above $50 for the first time in 7 months!

Thursday, May 26, 2016

+58% in 4.5 Months!

 

IGC pegs 16/17 global wheat at 722 mmt up +5.0 over the previous estimate

Thursday, May 26, 2016

16/17 global corn crop 1.003 billion metric tons also +5.0 mmt

 

Soybean meal futures off to the races again 16 July futures trading above $400/short ton

Wednesday, May 25, 2016

a new contract high fueling the soybean rally again

 

The Weather Network Summer 16 Outlook forecasts near to above seasonal temps

Wednesday, May 25, 2016

Most of Canada will see near normal rainfall for the summer of 2016

 

According to T-Storm Weather, there is a high correlation for having late summer heat

Wednesday, May 25, 2016

centered around the month of August following past El Nino transitions to neutral to La Nina phases

 

Bank of Canada see lower 2nd quarter growth but leaves interest rates unchanged at 0.5%

Wednesday, May 25, 2016

Sees US returning to growth for rest of 2016

 

New contract closing highs for 2016 July corn, Dec corn & July soys at $4.046, $4.084 and $10.854/bu

Wednesday, May 25, 2016

Funds adding a weather risk premium and it does not hurt that meal prices sora to new contract highs as well!

 

The 1st U.S. wheat condition report for spring wheat conditions showed the crop at 76% G&E with only

Tuesday, May 24, 2016

The 1st US corn crop conditions report will be out next week.

 

Weekly U.S. corn inspections remain consistent at 1.08 mmt week of May 19th, 2016

Tuesday, May 24, 2016

Its the 9th straight week & the best streak since 14

 

According to the latest research and report from top U.S. top scientists GMO crops are safe for both

Wednesday, May 18, 2016

GMO crops started in the 1980's.

 

Crop scout Cordonnier est. 16 soy acres are estimated at 84.0 mln vs. USDA at 82.2 +1.8 with product

Wednesday, May 18, 2016

84 million acres is bearish long term

 

Crop scout Cordonnier estimates 16 corn acreage at 92.0 mln down 1.6 vs. USDA at 93.6

Wednesday, May 18, 2016

Production at 14 bb vs. USDA att 14.40 down 440 million bushels on a 166 yield near-term supportive to corn prices

 

U.S. Climate Prediction Center: 75% chance of La Nina conditions by 2016/17 autumn/winter

Thursday, May 12, 2016

The latest update says the bureau is now on La Nina watch, adding conditions are favorable for development during the 2016 summer in northern hemisphere. 

 

USDA weekly exports, Apr 29–May 5, 2016, corn net sales over 1 MMT for 8th week in a row!

Thursday, May 12, 2016

Corn net sales, 2015/16+  2016/17, @ 1.2 MMT; Wheat @ 0.68MMT; Soy @ 0.22MMT

 

Corn/Soy ratio traded at new highs for the year at 2.77 spurring talk that of more U.S. corn acres w

Wednesday, May 11, 2016

Especally in those US states running behind the average on planting

 

2016 May WASDE Report very bullish soybeans, bearish wheat and better than expected for corn surpris

Tuesday, May 10, 2016

16/17 crush and export demand an all time record high!

 

Conab reduces their 15/16 marketing year soybean production forecast for Brazil to 96.9 mmt down 2.1

Tuesday, May 10, 2016

Flooding is doing damage to the quality of soybeans

 

Conab reduces 15/16 marketing year corn forecast for Brazil to 80.0 mmt vs. 84.7 mmt prior & 2nd cor

Tuesday, May 10, 2016

Brazilian corn crop could get worse before it gets better

 

Chinese customs data for April show soy imports at 7.07 mmt a new record high & +16% over the previo

Tuesday, May 10, 2016

Chinese demand remains very strong and soybean futures are rationing demand

 

16 Mar. pork exports to China/Hong Kong +80% from 15 & largest volume since Dec. 11, 1st quarter exp

Friday, May 6, 2016

U.S. red meat exports move higher in March, 1st quarter volumes +2%. 

 

CEO of Bunge in earnings call yesterday said the company expects Brazil winter corn crop will be red

Friday, April 29, 2016

a 10 mmt reduction in the second corn crop in Brazil would be bullish and send grain futures another notch higher giving funds another excuse to add to lengthand ration some demand

 

CFTC COT Report for April 26,16 shows manged money short 60,805 Chicago wheat contracts, long 79,781

Friday, April 29, 2016

Feature this week managed money adding to long so contracts, going net long corn and and short covering more wheat contracts.

 

According to Karen Braun Reuters, April 6 – 13th, 16 the sea surface temps in Nino regions 1 & 2 fel

Thursday, April 28, 2016

http://www.producer.com/daily/column-mini-la-nina-emerges-in-eastern-pacific/

 

CFTC, COT report shows manged money funds corn net short -30,909, Chicago wheat net short -88,241,

Friday, April 22, 2016

This is a 2 week lagging report and misleading

 

Stats Canada surprised with lower planted 16 canola acres 19.345 mill. acres vs. expected 20.4, endi

Thursday, April 21, 2016

2015 acres were 20.1 million

 

USDA crop progress report Apr. 11, 16 reported winter wheat rated 56% G-E vs. 59% last week & much l

Tuesday, April 12, 2016

Corn was 4% planted vs. 1% last year vs. 4% on average.

 

IMF report lowers 16 worldwide growth outlook to 3.2% from 3.4% prior the 4th time in a year, US dow

Tuesday, April 12, 2016

The Fund warned of widespread stagnation risk and said weaker growth could leave the global economy more vulnerable to shocks such as currency depreciations or worsening geopolitical conflicts.

 

According to Australian Bureau of Meteorology the chances of La Nina in 16 has increased to 50% & is

Tuesday, April 12, 2016

Raising the possibility of widespread floods, droughts and hurricanes.

 

2016 USDA April WASDE Report a non event, neutral classic "buy the rumor, sell the news" however all

Tuesday, April 12, 2016

15/16 US corn carryout 1.862 vs. 1.855 expected and last month at 1.837 billion bushels, soybeans 445 vs. expected at 450 and last month at 460 and wheat 976 vs. expected at 977 and last month at 966 million bushels

 

New crop 2016 November soybean futures hit $9.40/bushel new contract highs for 2016 not seen since A

Monday, April 11, 2016

Malaysian Palm Oil Board pegged March palm oil exports at 1.33 mmt up +23% over February's volume.  The country's ending stocks in March were estimated at 1.88 mmt down -13.1% from February's 2.17 mmt.  The agency also pegged March oil production at 1.219 mmt up +17% from February's 1.042 mmt. This is supportive to higher palm oil and soybean future prices near-term. 

 

WTI Crude oil tops $40/baarrel up almost 2% as no news is good news

Monday, April 11, 2016

Many analysts do not see any surprises in Doha meeting with 15 oil producers this Sunday and a production freeze at record highs will not fix the imbalance near-term only lower prices will.

 

Malaysian Palm Oil Board peggs March palm oil exports at 1.33 mmt up +23% over Feb., March ending st

Monday, April 11, 2016

This is supporting both palm oil prices and soybean futures near-term

 

16 April WASDE report expected to be a non event, no big surprises only tweaks in US stocks & global

Monday, April 11, 2016

This report is usually ranked 2 out of 10 in terms of being a market moving report

 

According to FCC, the avg. price of farmland in Canada was +10.1% in 15 as low interest rates & stro

Monday, April 11, 2016

A lower CDN $ and better basis and overall higher net prices vs. the U.S. farmer also supportive.

 

The USDA Beijing bureau forecast 16 Chinese pork imports at 1.3 mmt +450,000 as production falls to

Monday, April 11, 2016

Consumption is reduced to 54.6 mmt and the biggest beneficiary will be Europe. 

 

USDA's 16/17 Brazil Soy crop estimate, new record 103.0 mmt, due to export growth & crush demand

Thursday, April 7, 2016

Argentina 16/17 corn production pegged at 33.7 mmt up 1.5% from 15/16.

 

CONAB lowered estimate of 15/16 Brazil's soy crop, 98.89 mmt vs. 101.18 mmt March

Thursday, April 7, 2016

Corn +1 mmt from March to 85.7 mmt. There is also talk of a possible shift of corn acres to soybeans or wheat and talk that we may see Brazil needing to import more corn for their livestock sector.

 

Informa released its monthly row crop forecasts for SA, Argentina up, Brazil down

Thursday, April 7, 2016

A trim to Brazilian soybean production to 100.5 mmt down from an estimate of 101.3 mmt last month. Argentine soybean production was upgraded by 500,000 tonnes to 59.5 mmt. Informa also lifted its 15/16 corn production forecast for Argentina by 500,000 tonnes, to 27.5 mmt and its forecast for Brazilian production by 200,000 tonnes to 82.5 mmt. 

 

USDA first crop conditions report of 16 was better than expected for wheat at 59% G-E vs. expectatio

Wednesday, April 6, 2016

The class break-down showed hard wheat at 56% G&E with 8% P&VP. Soft wheat was 70% G&E with 5% P&VP. Texas wheat was rated 47% good to excellent vs. 48% last week, Kansas wheat 55% good to excellent vs. 56% last week.  Oklahoma 61% good to excellent vs. 63% last week.

 

U.S. corn states reflecting planting delays in some of the SE states - Louisiana & Mississippi corn

Wednesday, April 6, 2016

There is talk that we may switch 1 -2 million acres back to soybeans in the US corn soybean ratio above 2.50 encourages more soybean acres now back to 2.48. 

 

According to CFTC data Mar. 29, 16 managed money are the least bearish on corn since early Feb but t

Monday, April 4, 2016

Manged money are short corn at 108,433 off 46136 and are long soys at 75,450 +21,678

 

16 USDA March 1 Stocks & Planting Report very bearish corn 93.6 million acres, neutral/slightly bull

Thursday, March 31, 2016

2016 Corn acres expected was 89.9, soys at 83 and all wheat at 51.7

 

2016 USDA March 1 Quarterly Grain Stocks corn 7.808, soys 1.531 and wheat 11.372 in line

Thursday, March 31, 2016

Corn stocks expected 7.80, soys 1.56 and wheat at 1.36

 

Canadian Chinese embassy reporting that China will delay its new import standards for CDN canola imp

Tuesday, March 29, 2016

Canola futures +2% in 2 days 

 

Avg. est. for USDA Prospective Plantings report on Thursday March 31, 16 is for 89.9 million acres U

Monday, March 28, 2016

Corn is down 2 million, soys +400,00 and all wheat -2.9 million acres from 2015

 

Average estimates for the USDA Quarterly Stocks report Corn 7.801 billion bu.; Soybeans 1.556 billio

Monday, March 28, 2016

This compares to 7.750 billion in corn last year; Soybeans 1.327 billion last year; Wheat 1.140 billion last year

 

Canadian gov't reports a 5-yr C$47 bln stimulus package to lift GDP to 0.5% in 2016, 1% in 2017; ass

Tuesday, March 22, 2016

The Finance Minister said fundamental change in 
policy has to happen.

 

NOAA is reporting that Feb. was the hottest month in a 137 years of records & the 10th consecutive m

Friday, March 18, 2016

http://www.bloomberg.com/news/features/2016-03-17/scorching-february-melting-arctic-put-2016-on-course-to-break-climate-record

 

 

Informa reduced their 2016 US soybean acreage forecast to 84.0 million, down 1.2 million from prior

Friday, March 18, 2016

USDA March Planting Intentions Report scheduled to be released on March 31, 2016

 

Informa raised their 2016 US corn acreage forecast to 89.5 million, up 0.64 mil from prior projectio

Friday, March 18, 2016

USDA March 2016 Planting Intentions Report scheduled to be released on March 31, 2016

 

Commodity exposure soars 9-month high with 13% of 200 fund managers polled $500 billion still “under

Wednesday, March 16, 2016

Bearish sentiment has turned bullish as a risk on trade back on the table

 

US Federal Reserve kept the Fed Fund rates unchanged & if economic conditions unfold as expected exp

Wednesday, March 16, 2016

Negative interest rates are not being discussed

 

• U.S. crop insurance looks to be set $3.86 per bushel in corn the lowest in 9 years and $8.85 in so

Tuesday, March 15, 2016

US farmer expected to grow 90 million acres of corn and 82.5 million acres of soybeans

 

WTI Crude Oil falls 4% as Iran spoils the party dampening hopes for an oil output freeze as they pla

Monday, March 14, 2016

Putting pressuring on the CDN $ down 0.5%

 

European shares surge +2-3%, gold and currebcies on a wildride as ECB pulls out all the stops in gro

Thursday, March 10, 2016

·         ECB decided in June of 2016 to launch 4 new targeted longer term financing operations (TLTRO), they will expand their purchases under the APP to 80 billion Euros, key deposit rate drops to -0.4% and key "refi" rate drops to 0.0% from 0.05%. ECB President Darghi lowered 2016 Euro GDP to +1.4% and 2017 GDP comes in at +1.7%.

 

June 2016 Hog Futures traded above $82/cwt old high $82.525/cwt on 07-07-15

Wednesday, March 9, 2016

Did you know hog futures are the best performing commodity of 2016 up on average 6%

 

Bank of Canada leaves interest rates unchanged, business remains weak

Wednesday, March 9, 2016

Downside risks still remain and growth curbed as long as oil prices remain low

 

16 USDA March WASDE Report a non-event neutral to slightly positive as global numbers less than expe

Wednesday, March 9, 2016

South American soybean production unchanged vs. last month Brazil at 100 mmt and Argentina at 58.5

 

USDA Outlook Forum projects 16/17 U.S. corn crop at 13.825 billion bu vs. 15/16 output at 13.601, en

Friday, February 26, 2016

Corn exports are projected at 1.70 billion bushels, ethanol usage at 5.22 feed usage at 6.60 billion bushels.

 

USDA Ag Outlook Forum projects 16/17 U.S. soybean crop at 3.810 billion bu, 15/16 3.930, so yield at

Friday, February 26, 2016

No big surprises soy ending stocks at 440 million bushels

 

USDA Ag Outlook Forum projects 16/17 U.S. all wheat ending stocks at 989 million bu, production at 1

Friday, February 26, 2016

Ending stocks remain too large

 

USDA Ag Outlook Forum projecting U.S. 16/17 corn yields at 168.4 bpa

Friday, February 26, 2016

Soybean ending stocks at 440 million bushels

 

USDA Ag Outlook Forum reporting U.S. 2016/17 average corn price forecast at $3.45/bu, soybean $8.50

Thursday, February 25, 2016

These are just guesses by the USDA.

 

USDA is reporting U.S. 16/17 soybean acres at 82.5 down 200,000 from 82.7 in 16, corn acres 90 milli

Thursday, February 25, 2016

USDA Ag Outlook Forum US acres in line with  pre report estimates

 

USDA AG Outlook Forum reporting 16 all wheat acres 51 million vs. 54.6 in 15 down 3.6 higher than 2.

Thursday, February 25, 2016

Still not enough of a drop in acres to dent the 16/17 all wheat ending stocks, prices may need to drop further to stimulate deamnd and cut acres even further in 2017

 

USDA Ag Outlook Forum 16 all meat & poultry output forecast at 97.0 billion lbs, the most on record.

Thursday, February 25, 2016

USDA Ag Outlook Forum reporting 16 beef output forecast at 24.6 billion lbs, pork output forecast at 25.0 bln lbs.

 

USDA Ag Outlook Forum reporting US 2016 average price for Steers at $137.00/cwt, hog prices at $47.0

Thursday, February 25, 2016

Key will be demand in 2016 and weights

 

audi Oil Minister Ali Al-Naimi told executives on Tuesday at Houston conference that they are prepar

Wednesday, February 24, 2016

Iran will be key as any shortfall in U.S. shale production with be offset by higher Iranian oil production in 2016

 

El Nino sends sugar to biggest 1 day gain since 1993 or 23 years +8.9% as supply may fall short of d

Wednesday, February 24, 2016

Price of sugar could climb to 15-17 cents/pound

 

According to a Bloomberg survey, 2016 U.S. all wheat acres estimated at 52.374, corn at 89.6 and soy

Tuesday, February 23, 2016

The corn to soybean ratio is suggesting more soybean acres at 2.28

 

AAFC forecasting 16/17 grains & oilseed ending stocks at 10.46 mmt down from 10.715, canola at 1.3 +

Friday, February 19, 2016

Of the total, wheat, barley, and flaxseed are all expected to see tighter stocks

 

OECD pegs16 global growth at 3.0% -0.3% & encouraging use of fiscal and pro-growth structural polici

Friday, February 19, 2016

2017 growth is seen at 3.3% which is below the long-term average at 3.75%. Europe is forecast at +1.4%, Japan at +0.8%, China at +6.5, India at +7.4%, Brazil at -4% and Canada at +1.4%, 2017 at +2.2%. Global PMI came in at a 13-month low of 52.5 in January the weakest since December of 2014. 

 

Oil prices pare gains after Iran meeting with Venezuela, Iraq & Qatar no agreement to cut oil, Iran

Wednesday, February 17, 2016

Iran still wants to get to pre-sanction levels before they will decide to do anything.

 

Gold soars +3% to a 9 month high on U.S. interest rate outlook and flight to quality/risk aversion t

Thursday, February 11, 2016

3 gaps higher and light volume points to a potential top is near

 

US Climate Prediction forecasts transition to neutral conditions from El Nino likely to evolve late

Thursday, February 11, 2016

Others suggest a threat and scare from La Nina

 

New contract lows for nearby WTI Crude oil at $27.39 the February 2016 low was $16.19/barrel

Wednesday, February 10, 2016

OPEC report on Wednesday pegged January cartel production up 131,000 bpd to 32.3 million bpd.  The group in their report lowered 2016 worldwide demand growth by 10,000 bpd, 2016 demand growth is seen now at 94.2 million bpd.

 

Crop scout Dr. Cordonnier pegs 16 U.S. corn acres at 1-2 million more than 15 at 88 & U.S. soy even

Tuesday, February 9, 2016

The corn to soybean ratio suggest more soybean acres at 2.27

 

U.S. Department of Agriculture's Toronto bureau pegs 16 Canadian wheat acres at 9.26 million hectare

Tuesday, February 9, 2016

Down 340,000 a 5 year low n 2016

 

U.S. Department of Ag Toronto bureau pegs 16 CDN wheat production at 28.3 mmt +700,000

Tuesday, February 9, 2016

Exports -500,000 to 20 mmt lowest since 11-12.

 

IEA report forecasting 16 oil demand growth forecast to 1.17 million barrels following a 5 year high

Tuesday, February 9, 2016

EA forecasting 16 OPEC January oil production at 32.63 million barrels per day +280,000 as both Iran & Suadi Arabia increased output

 

2016 USDA February WASDE Report slightly bearish vs. expectations but priced in

Tuesday, February 9, 2016

USDA forecasting 15/16 corn ending stocks at 1.837 billion bushels, soybeans at 450 and all wheat at 966 million bushels 

 

USDA forecasting 15/16 global soybean carryout at 80.4 mmt +1.5

Tuesday, February 9, 2016

Higher Brazil forecast at 100 +0.5 and Argentina at 58.5 +1.6

 

USDA pegs 15/16 global corn carryout at 208.8 mmt, Brazil + +2.5 to 84 mmt

Tuesday, February 9, 2016

Argentina at 27 +1.7 vs. last month at 25.3 mmt

 

New Technical Sell Signal on Canola Futures but ...... SIGN UP NOW!

Thursday, February 4, 2016

Canola futures trading below support at $470 find out what do do now and where prices are headed?

 

Avg. est. for 16 USDA Feb. crop report Tues. Feb. 9, 16 U.S. Ending Stocks Corn 1.809 vs. 1.802 in J

Thursday, February 4, 2016

This report is usually a non event and not a game changer

 

Avg. est. for 16 USDA Feb. crop report Tues. Feb. 9, 16 World Stocks Corn 208.2 vs. 208.9 in Jan.; S

Thursday, February 4, 2016

US and global stocks remain adequate short-term and will continue to place caps on any rallies

 

Informa forecasting Brazil soybean production at 100.5 mmt (previous 101.4), Argentine soybean crop

Wednesday, February 3, 2016

Informa forecasting Argentine corn production at 26.0 mmt (previous 22.0) mln), Brazil at 81.6 vs. previous at 81.3 mmt.

 

Stats Canada expected to report stockpiles data tomorrow and to show all wheat stocks at 21.8 mmt do

Wednesday, February 3, 2016

Stats Canada expected to report tomorrow stockpiles data to show canola stocks as of Dec 31 at 11.5 mmt compared to the 12.61 mmt last year

 

New Technical Buy Signal on the CDN $! Where is it headed next? Sign up NOW!

Wednesday, February 3, 2016

CDN $ traded to new 8 weeks highs 

 

New 2016 Fertilizer Report & Outlook and Recommendation. Sign up now!

Monday, February 1, 2016

Do you want to know if its time to book your 2016 fertilizer inputs? Sign up now for an 8-week free no obligation email marketing program 

 

OPEC Delegates say no plan for meeting in Feb. after Russia floats talks as they test the waters, cr

Thursday, January 28, 2016

Russia needs the revenue so meeting is most unlikley

 

2016 June Lean Hog futures trade at $80/cwt with the old high at $82.525/cwt on 07/07/2015

Wednesday, January 27, 2016

The momentum in hogs continues despite weak outside amrkets

 

US Climate Prediction Center estimates the likelihood of La Nina in US corn belt June-Aug. 22%, July

Tuesday, January 19, 2016

Societe Generale has it at 89% in the next 12 months but it could happen in 3 

 

Informa Economics forecasting 2016 US Corn planting acreage at 88.869 mln acres (prior 88.93 mln), 1

Tuesday, January 19, 2016

2016 US corn to soybean ratio is suggesting more soy acres at 2.28 similar to 2015

 

WTI Crude Oil trading below $30 as IRAN is planning on 1.1 million barrels per day vs. expectations

Friday, January 15, 2016

Look for crude oil to Test $20 and the CDN $ to test $0.67

 

2016 USDA January 15 Final Production report, Quarterly Grain Stocks & 16 Wheat Seedings Report frie

Tuesday, January 12, 2016

USDA reports could be a game changer near-term

 

Merry Christmas & Happy New Year from our team to yours!

Thursday, December 31, 2015

Make it a safe one!

 

WTI Crude Oil trades to new contract lows now down 16% just in the Month of Dec. 15 & is only $2.24/

Friday, December 18, 2015

the re-balancing is far from over as U.S. rig count and exploration and production guidance are too high to achieve the required supply decline in 2016. Global demand remains depressed as we head into 2016. 

 

Informa Economics forecasting 2016 U.S. corn planting acreage at 88.93 million acres (previous 90.1

Thursday, December 17, 2015

This news a little friendly futures today

 

A combination of a higher US $ Index +1% & lower WTI crude oil futures sending the CDN $ to trade be

Thursday, December 17, 2015

CDN $ could move even lower by years end as funds continue to sell

 

Breaking News Argentina just announced a devaluation of their currency but with no limits bearish ma

Wednesday, December 16, 2015

Argentina announcement on Peso currency worse than expected

 

Breaking News: US Fed raises interest rates from 1-25 and will gradually increase overtime as expect

Wednesday, December 16, 2015

This news is negative for commodities with a 5-10% decline in prices overtime according to history.

 

The newly sworn in Argentine President Marci announced he's eliminated corn & wheat export taxes &

Monday, December 14, 2015

Grain markets trading higher in light of the news.

 

USDA data for prevent plantings shows as of December 1, 2015 US farmers had 2.367 mln acres of corn

Monday, December 14, 2015

No breaking news 

 

Updated USDA ag long term baseline projections 2025 shows 16/17 corn acres 90.5 million, ending stoc

Monday, December 14, 2015

Slight changes from the February 2015 report. 

 

WTI crude oil breaks to new 7 year lows below $36/barrel as the EIA warns that global oil growth dem

Friday, December 11, 2015

OPEC contradicts EIA and says that non-OPEC oil is expected to contract in 2016 by 380,000 to 57.14 mb/day and said that global demand growth for oil would rise by 1.53 million barrels per day to 92.88. 

 

CDN $ trades to new contract lows below $0.73 for the first time since 2004 on new 7 year lows on cr

Friday, December 11, 2015

Lower CDN $ means better livestock prices and basis on grains

 

China has purchased as much as 100-150 million pounds of U.S. hams for Q1 of 2016 roughly 5 -7 days

Friday, December 11, 2015

The question is there more to come?

 

Wallstreet Journal Poll of economists ahead of next week's 2 day FOMC policy meeting shows 97% expec

Thursday, December 10, 2015

Higher US interest rates could see the US $ Index lower

 

2015 USDA December WASDE Report

Wednesday, December 9, 2015

U.S. corn ending stocks at 1.785 billion vs. expected at 1.767, soybeans 465 vs. 462 expected and all wheat 911 million bushels vs. expected at 917

 

Nearby WTI crude oil futures trade to near new 7 year lows at U.S. $36.64/barrel

Tuesday, December 8, 2015

Amid fears that the world will run out of storage capacity.

 

WTO authorizes Canada & Mexico to impose more than $1 billion in retaliatory tariffs on U.S. exports

Tuesday, December 8, 2015

Senate has until Dec. 18th to repeal cool as the House has already done so.

 

2016 July and November Canola futures hit $500/mt high not seem since July of 2015

Tuesday, December 8, 2015

Higher crush and exports could offset high production futures moving higher to ration demand

 

Year to date Chinese soybean imports total a new record high 72.5 mmt +15.4% from the same period in

Tuesday, December 8, 2015

Some analysts looking for China to hit a new record high of 80 mmt in 2015/16 marketing year

 

OPEC has decided to leave its crude oil output unchanged at 31.5 million barrels per day

Friday, December 4, 2015

Crude oil trading below support at $40/barrel and to new contract lows

 

According to Stats Canada the avg increase in corn jumped from 160.9 pba in 14 to 170.6 bpa acre in

Friday, December 4, 2015

Wow new all time record highs in Ontario corn yields! 

 

According to Stats Canada, avg. canola yield jumped from 35.1 bpa in 14 to 38.0 bpa in 15, the 2nd h

Friday, December 4, 2015

Canola yields second highest ever!

 

USDA WASDE pre-report US ending stock est. for Dec. 9, 15 are corn 1.768 vs. 1.760 in Nov., soys 462

Friday, December 4, 2015

This report expected to be a non event.

 

USDA WASDE Dec. Pre-Report global ending stocks est. for 15/16 all wheat 226.4 mmt Nov 227.3, corn 2

Friday, December 4, 2015

Global ending stocks for USDA Dec. report remain large

 

The U.S. EPA has set ethanol requirements for 2016 at 14.5 billion gallons

Monday, November 30, 2015

Higher than expectations at 14.0 billion gallons.

 

The total renewable fuels requirement was set at 18.11 billion gallons. Biodiesel was set at 1.9 bil

Monday, November 30, 2015

Corn ethanol set at 14.6 billion gallons for 2016.

 

AAFC confirms lower 15/16 canola ending stocks on stronger world demand to 1.1 mmt down 600,00 from

Wednesday, November 25, 2015

Good news near-term futures will need to move higher to ration deamnd

 

New Peterson Farm Brothers: Farmers Feed The World Music Parody Video.

Thursday, November 19, 2015

Monsanto says it expects corn prices to rise in the year ahead to ....

Thursday, November 19, 2015

$4.50/bushel within 8 - 12 months

 

Goldman Sachs remains bearish on livestock futures forecasting a further 9.5% drop in next 12 months

Thursday, November 19, 2015

Target of $120/cwt on live cattle futures 

 

2015 Dec. soybean meal making new contract lows today below June 15 lows & trading at its lowest val

Wednesday, November 18, 2015

Lower soybean values weighing

 

WTI crude oil futures trade below $40/barrel not seen since August of 2015 on continued global oil g

Wednesday, November 18, 2015

Lower crude oil prices also weighing on the CDN $

 

Informa Economics forecasting 2016 US Corn planting acreage at 90.1 mln acres (previous 90.8 mln)

Friday, November 13, 2015

2016 US Soybean planting acreage at 85.3 mln acres (previous 83.9 mln). 2016 US Winter Wheat planting acreage at 38.7 mln acres.

 

USDA FSA 2015 November Soybean Prevent Plant Acreage: 2.231 mln acres compared to October 2.227 mln

Friday, November 13, 2015

November 2015 Corn Prevent Plant Acreage: 2.366 mln acres compared to October 2015 2.362 mln acres, November 2015 Wheat Prevent Plant Acreage: 0.697 mln acres compared to October 2015 0.697 mln acres. 

 

Farms.com Risk Management salutes all U.S./CDN veterans for their sacrifices to make our

Wednesday, November 11, 2015

Thank You, Veterans!

 

October was the 4th warmest on record for the lower 48 U.S. states

Wednesday, November 11, 2015

8 Western US Western States have seen the warmest year on record thru October in 120 years. 

 

Did you know that there are 11 U.S. states with new record corn yields in 2015 and 10 U.S. states wi

Wednesday, November 11, 2015

Minnesota's soybean yield in 2015 hit a record high of 50, Iowa hit 56 +3.5 vs. last year, Minnesota's corn yield +10 to a new record at 187 bpa, Iowa +7 and Iowa +11

 

2015 USDA November WASDE Report Bearish wheat, corn and soys

Tuesday, November 10, 2015

USDA reports a new record high yield on soys at 48.3 and corn at 169.3 bpa.

 

2015 November USDA crop report corn, soybean and wheat ending stocks higher than expected

Tuesday, November 10, 2015

Corn ending stocks 1.760 vs. expectations for 1.59, soybeans at 465 vs. expectations for 435 and wheat at 911 vs. expectations for 861 million bushels

 

Farms.com Risk Management is looking for a New Commodity Research Analyst

Tuesday, November 3, 2015

As of November 3rd, 2015 Farms.com Risk Management is seeking a new Commodity Research Analyst to join our team. If you, or someone you know is interested in applying, the details for the Commodity Research Analyst position can be found on our sister site Agcareers.com. If you know of a colleague or friend who you think would be appropriate for this position, please be sure to encourage them to apply.

 

China cuts interest rates for the 6th time this year, which sent the dollar higher, by 0.6% against a basket of currencies.

Friday, October 23, 2015

It also sent the Dow up 138 points to close  at 17546 3 month high.

 

USDA crop progress report for Oct. 18, 15 shows US corn crop 59% harvested inline with expectations at 57 - 60%

Monday, October 19, 2015

US corn crop conditions remained unchnaged

 

USDA Crop Progress Report for Oct. 18, 15 shows US soybean harvest 77% complete in-line with market expectations for 77-82%

Monday, October 19, 2015

USDA has suspended reporting US crop conditions on soybeans

 

Chinese 3rd quarter GDP +6.9% (slowest since March of 2009) which beat expectations for +6.8% but confirmed slowing growth

Monday, October 19, 2015

Outside markets are down slightly on the news and crude is also lower on increased demand concerns

 

Breaking News Informa Economics forecasting 2016 US Corn planting acreage at 90.8 million acres (previous 90.73) vs. 2015 at 88.4

Friday, October 16, 2015

2016 corn acres slightly higher than 2014

 

Breaking News Informa Economics forecasting 2016 US soybean planting acreage at 83.9 mln acres (previous 84.24) vs. 2015 at 83.2

Friday, October 16, 2015

2016 US soybean acres slightly higher than 2014 according to Informa

 

Breaking News Informa Economics forecasting 2016 US All wheat planting acreage at 54.0 mln acres (previous 54.74 mln) vs. 2015 at 54.6

Friday, October 16, 2015

2016 US all wheat acres slightly lower than 2015

 

Farms.com Risk Management Seeking a Sales Associate

Monday, September 28, 2015

Farms.com Risk Management has an opening for a Sales Associate.  If you, or someone you know is interested in applying, the details for the Sales Associate position can be found on our sister site AgCareers.com.  If you know of a colleague or friend who you think would be appropriate for this position, please be sure to encourage them to apply.

 

U.S. 2nd Quarter GDP revised to +3.9 vs. expected at +3.7%

Friday, September 25, 2015

On better spending and construction Dow +207 points

 

USDA Crop Progress Report surprises with a +2% to 63% soybean good-excellent rating increase

Tuesday, September 22, 2015

The USDA Crop Progress Report for September 20th, 2015 showed a 2% increase to 63% good-excellent soybean rating a surprise vs. market expectations for a 1% drop, harvest is 7% complete vs. expectations for 3-5% but inline with the average.

 

USDA leaves U.S. corn crop conditions unchanged at 68% G-E

Tuesday, September 15, 2015

In the latest USDA Crop Progress Report U.S. corn crop conditions were left unchanged at 68% G-E vs. market expectations for a 1 -2% drop

 

USDA 15 September WASDE report bullish corm, bearish wheat and soybeans

Saturday, September 12, 2015

USDA lowered corn yields by 1.3 bpa on corn to 167.5 vs. last month at 168.8 and this was enough to get the bulls excited as ending stocks dropped to 1.592 vs. last month at 1.713 down 121 bushels. It looks like at the close the wheat and soybeans markets may also have baked in this bearish news.

 

Avg. Analyst estimate for 2015 Sept. USDA crop report on corn yields at 166.5 bpa and soys at 46.1 bpa

Tuesday, September 8, 2015

According to Bloomberg the average analyst estimate for Fridays USDA September crop report is for corn 15/16 yields at 166.5 bpa -2.3 from August and soybean yields at 46.1 -0.8 bpa from August as well. 

 

#pftour15 final results from Ohio average pod count 1,125.26

Monday, August 17, 2015

2015 Pro Farmer Crop Tour final results from Ohio on Monday show Ohio's average pod count in 3 by 3 square to be

 1,125.26, sampling 92, over 5 districts vs. the 3-year average of 1,219.92.

 

MDA Weather Crop Tour estimates Illinois corn yield at 176.6 bpa

Wednesday, August 5, 2015

MDA Weather Crop Tour estimates average corn yield in Central and Northern Illinois at 176.6 bpa down 11% from 2014 record average at 199.4 bpa!

 

Corn $3.732 +.054, Soybeans $9.902 +.072, Chicago Wheat $4.964 +.002, Canola $498.7 +5.4

Thursday, July 30, 2015

Grain Markets higher on oversold bounce as exports were much better than expected, weather remains a negative.

 

IGC Lowers Global Wheat Production

Thursday, July 30, 2015

IGC (International Grain Council) lowered their global 15/16 wheat production estimate by -1.0 mmt to 710 mmt 

 

USDA Crop Progress report for Oct. 11, 15 shows U.S. corn harvest at 42% inline with expectations at 40-45%, crop conditions unchanged

Tuesday, October 13, 2015

Crop conditions in the G-E were unchanged at 68%

 

Breaking News 2015 USDA Oct. Crop Report slightly Bearish vs. expectations but neutral to slightly bullish vs. last month

Friday, October 9, 2015

The USDA surprised with higher corn yields at 168 bpa

 

USDA crop progress report Oct. 4, 15 shows US corn harvest at 27% complete below expectations at 32-35%

Tuesday, October 6, 2015

crop conditions remain unchanged 68% G-E

 

Breaking News 2015 Stats Canada Canola output estimate at 14.297 mmt vs. expected at 14.50 mmt

Friday, October 2, 2015

August report at 13.343 mmt and 2014 at 16.41 mmt

 

EIA reports U.S. crude oil stocks build of +3.95 billion barrels

Wednesday, September 30, 2015

Vs. expectations for a 0.1 million barrels still suggesting persistent global oversupply of crude oil

 

USDA Crop Progress Report shows US corn harvest 10% complete

Tuesday, September 22, 2015

The latest USDA Crop Progress Report showed U.S. corn crop conditions unchanged at 68% good-excellent with harvest at 10% complete vs. market expectations for 13-15%. 

 

USDA drops U.S. soybean crop conditions in the G-E down 2% to 61% from 63% last week

Tuesday, September 15, 2015

In the latest USDA crop progress report the USDA lowered U.S. soybean crop conditions down 2% to 61% G-E vs. last week at 63% and in-line with market expectations for a 1 -2% drop.

 

Key Bullish reversal on the daily 2015 December corn chart

Saturday, September 12, 2015

A key bullish reversal is a technical pattern that occurs when the intraday high and low is wider than the previous day and the close is higher. We still need to confirm a change in trend higher with with further higher closing highs.

 

Avg. estimate for 15/16 corn ending stocks for 15 Sept. WASDE report at 1.609 and soys at 424 million bushels

Tuesday, September 8, 2015

According to Bloomberg the avg. analyst estimate for 15 Sept. USDA crop report on corn ending stocks at 1.609 & soys at 424 million bsuhels

 

New Death Cross (Very Bearish) Technical Signal on DOW Stock market

Saturday, August 22, 2015

On August 20th, 2015 at 16,917 the 50 day moving average crossed below the 200 day moving average also known as a death cross signal a very bearish technical signal the Dow is now down as much as 9.5% since topping in Mid May of 2015 

 

2015 Pro Farmer US Crop Tour final corn yield average at 148.37 bpa

Monday, August 17, 2015

#pftour15 final corn yield average at 148.37 bpa in Ohio, out of 92 samples, final 

results over 5 districts data shows corn yields on a 3-year average by district is 154.75 bpa.

 

Corn $3.72 +.02, Soys $9.99 +.134, Chicago wheat $5.096 +.026, Canola $501.2 +0.5

Friday, August 7, 2015

Grain markets are higher today as the markets takes a wait and see attitude and awaits 15 USDA August WASDE report, global macro concerns weigh and drier weather forecast for U.S. Midwest also a concern 

 

Corn $382.6 +.04, Soybeans $9.884 +.124, Chicago Wheat $4.966 +.032

Wednesday, August 5, 2015

Grain prices higher across the board with soybeans futures finding support from strong crush margins and cash values. 

 

Corn $3.67 -.04, Soys $9.74 -.066, Chicago Wheat $4.91 -.082

Monday, August 3, 2015

SoyMeal $352.1 -2.5, Oats $2.316 -.094, Live Cattle $147.625 +1.925, Feeder Cattle $213.375 +2.675, Lean Hogs $79.20 +.70

With the Greek Stock Market down 17% after being closed for 5 weeks and the Chinese market off 1,1% stocks and commodities struggling

 

July worst month in commodity losses since 1945!

Thursday, July 30, 2015

The S&P GSCI index, a measure of a basket of 24 commodities, lost 14% in July the 7th worst in 45 years going back to 1970!

 

USDA crop Progress report Oct. 11, 15 shows the U.S. soy harvest 62% complete in-line with expectations at 60-65%, crop conditions unchnaged

Tuesday, October 13, 2015

U.S. soybean crop conditions remained unchanged at 64% in the G-E vs. last week

 

2015 USDA Oct. Crop report shows US corn yields at 168 bpa, harvested acres -100,000, ending stocks at 1.561 & demand unchanged

Friday, October 9, 2015

2015/16 corn planted acres drop to 88.4 vs. last month at 88.9

 

USDA Crop Progress report Oct. 4, 15 shows US soy harvest 42% complete higher than expectations for 35-40%

Tuesday, October 6, 2015

Crop conditions were left unchanged at 63%

 

Breaking News 2015 Stats Canada All wheat estimate at 26.061 mmt higher than expected at 25.1 mmt

Friday, October 2, 2015

 August at 24.625 and 2014 at 29.42 mmt

 

Starting October 1, Russian gov't agreed to a wheat export tax change set new duty to 50% of the customs price, less 6,500 roubles per mt

Wednesday, September 30, 2015

less 6,500 roubles per mt, but the minimum tariff will be 10 roubles per mt

 

• ANZ Australian and New Zealand Bank is down beat on corn and wheat prices cutting their 4th quarter price targets to $3.50 and $4.70/bushel

Friday, September 25, 2015

Citing large harvest prospects from the U.S. and around the globe. 

 

U.S. $ Index up 2% on a bet that a U.S. interest rate hike still happens in 2015

Tuesday, September 22, 2015

U.S. $ Index is +2% even after the U.S. Federal Reserve this past Friday decided not to increase interest rates as many are betting that U.S. interest rates will still rise in 2015 20% chance in October and 60% chance in December of 2015

 

Did you know that the USDA lowered the average corn yield in the U.S. Western Corn Belt

Tuesday, September 15, 2015

In the latest USDA WASDE Report for September 2015 the USDA lowered the U.S. Western Corn Belt yileds and also lowered the ear weight from a record vs. last month

 

USDA is now forecasting 15 U.S. soybeann ending stocks at 450 million bushels down 20 from last month at 470

Saturday, September 12, 2015

USDA lowered 14 beginning stocks to 210 million bushels and crush up 10 but left exports unchanged to arrive at 450 but avg. yields increased 0.2 to 47.1 vs. last month at 46.9 and last year record at 47.8 bpa

 

FC Stone forecasting 15/16 soy crop at 100.9 mmt +4.7 mmt from 2014/15

Tuesday, September 8, 2015

FC Stone forecasting 15/16 soybean crop at 100.9 mmt +4.7 mmt over the 2014/15 crop, acreage is seen at 33.3 mln hectares compared to the 31.9 mln ha in the past crop year.

 

New 6.5 year lows on WTI crude oil as its trades below $40/barrel

Saturday, August 22, 2015

Nearby WTI Crude Oil traded to new 6.5 year lows at $39.86/barrel now down $55.97/barrel since peaking in June of 2014 or -58.4%

 

2015 Pro Farmer US Crop Tour final corn average yield in SD at 165.94 bpa

Monday, August 17, 2015

15 Pro Farmer Midwest Crop Tour data for South Dakota resulted in positive corn yields at 165.94 bpa on 72 samples.  The 2015 crop tour calculates the 3-year average covering three districts to be 129.57 bpa.


 

Monthly US 15 June pork exports -5.7%, beef +11%, chicken -2.4%

Friday, August 7, 2015

US Meat Export Federation export data for June pegged U.S. pork exports at 412.97 mln lbs, -5.7% vs. last month and +0.1% vs. June of 2014 and year to date -4.9%. Beef exports at 213.91 mln lbs +11% vs. last month and -9.1% vs. June of 2014 and year to date -9.5%. Chicken exports at 563.77 mln lbs in June down 2.4% vs. last month and down 9.2% vs. June of 2014 and year to date down 8.7%.

 

Doane Crop Tour pegs corn 15 average yields at 163.3

Monday, August 3, 2015

Doane crop tour last week pegged US Corn production forecast at 13.53 billion down from 14.21 bln last year, yields this season are forecast at 163.3 bpa that compares to the 166.8 bpa yield used by the USDA.

 

Corn $3.746 +.014, Soybeans $$9.906 +.004, Chicago wheat $5.024 +0.06, Canola $499 +.03

Friday, July 31, 2015

Grain markets higher from chatter that next weeks crop tours and analyst yield estimates could be lower than what the market is trading.

 

Corn $3.732 +.054, Soybeans $9.902 +.072, Chicago Wheat $4.964 +.002, Canola $498.7 +.054

Thursday, July 30, 2015

Grain Markets higher on oversold bounce, exports better than expected, US weather a negative, global macro worries also weighing

 

Corn $3.674 -.002, $9.944 +.114, Chicago Wheat $4.964 +.002

Thursday, July 30, 2015

Grain markets slightly higher this morning on oversold conditions and a short covering bounce.

 

USDA crop Progress Report for Oct. 11, 15 shows U.S. winter wheat planted at 64% complete inline with the 5-year average at 66%.

Tuesday, October 13, 2015

U.S. Winter wheat planted is +15% vs. last week

 

2015 US soybean harvested acres down to 82.4 vs. 83.5 in Sept. down 1.1 for a total since August of 2.0 million

Friday, October 9, 2015

2015/16 US soybean acres planted 83.2 vs. 84.3 million last month

 

2015 Stats Canada Spring Wheat estimate at 19.054 mmt

Friday, October 2, 2015

August at 17.971 and 2014 at 21.22 mmt

 

FC Stone forecasting 2015 U.S. corn yield 167 bpa vs. 165.9 bpa last month, US soybean average yield at 46.9 bpa (Sept 45.4 bpa).

Friday, October 2, 2015

FC Stone production estimates, U.S. corn yield 167 bpa vs. 165.9 bpa last month, US Corn crop forecast at 13.541 billion bushels (Sept 13.457 bln) and this compares to 2014 at 14.2 billion bushels. US soybean crop forecast to 3.919 bln bushels (Sept 3.791 bln) with an average yield at 46.9 bpa (Sept 45.4 bpa). 

 

2015 USDA September 1 Quarterly Grain Stocks Report Bullish for corn, wheat and soys vs. expectations

Wednesday, September 30, 2015

Sept 1 corn stocks for 14/15 at 1.731 billion bushels vs. expected at 1.740, soys at 191 million vs. expected at 205 and all wheat at 2.089 billion vs. expected at 2.15

 

Rapeseed sowings in the EU will fall short in 2016 vs. 2015 according to IGC

Friday, September 25, 2015

Only 44% has been planted this far and with the pace of planting the slowest since 2007 up to one-third of the intended area of 823,000 hectares could remain unsown. That would represent a sharp drop on the 890,000 hectares seeded for this year's harvest, and on the 5-year average of 1.0 million hectares. EU rapeseed sowings have already fallen four times in the past five seasons, shrinking area by a total of 500,000 hectares from the 2010-11 high of 7.0m hectares.

 

 

According to a Reuters poll of economists 72 out of 93 expect the Federal Reserve's FOMC to increase interest rates at their December meeting

Tuesday, September 22, 2015

20% chance in October and a 60% chance in December

 

Did you know that the USDA kept the U.S. soybean pod weight at an all time record high!

Tuesday, September 15, 2015

In the latest USDA September 2015 WASDE report the USDA kept the U.S. soybean pod weight at an all time record high and increase average yields +0.2 to 47.1 bpa.

 

USDA is now forecasting 15 U.S. all wheat ending stocks at 875 million bushels vs. expectations for 868 and last year at 850

Saturday, September 12, 2015

USDA dropped exports by 25 million to arrive at 875 million bushels.

 

July 2015 beef exports -12.7% vs. 2014

Tuesday, September 8, 2015

According to US Meat Export Federation July 15 beef exports were -12.7% vs. 14 smallest increase in a year but imports in 14 were +37%

 

New contract lows for 15 Nov. soybean futures to close at $8.894/bu

Saturday, August 22, 2015

15 Nov. soybean futures traded to new 6.2 year contract lows at $8.894/bu on increased global and Chinese growth and demand fears and that good weather in August is making the US soybean crop 

 

China to import a record amount of soybeans 76 mmt vs, USDA at 74 mmt

Monday, August 10, 2015

China's Administration of Customs reported July soybean imports at a record 9.5 mmt vs. 8.0 mmt imported in June.  Year to date soybean imports stand at 44.6 mmt up 7.1% from the same period a year ago. China's National Grain and Oils Information Center issued a report estimating China's soybean imports to hit a record 76 mmt in the crop year ending in September up 8% from the previous year vs. USDA is estimate of 74 mmt on thoughts of a Chinese hog industry expansion and growing demand on soymeal. 


 

Day four of MDA Crop Tour found average #corn yields in IA, MN, & SD at 196.3 bushels per acre

Friday, August 7, 2015

Day four of MDA Crop Tour found average yields in IA, MN, & SD at 196.3 bushels per acre

 

Corn $3.664 -.044, Soybeans $9.774 -.032, Chicago Wheat $4.00 -.002

Monday, August 3, 2015

Oats $2.342 -.07, Soybean Meal $351.4 -3.2, Live Cattle $147.875 +2.175, Feeder Cattle $214.175 +345, Lean Hogs $79.95 + 1.45, Crude Oil $45.19 -1.92, Euro $1.0957 -.0015,  CDN $$0.7602 -.0034 US $ Index $97.43 -.255.Grains closed lower but off the early morning lows. livestock higher on strong near-term demand and seasonality. Crude to new contract lows as was CDN $.

 

Doane Crop Tour pegs US soy 15 average yields at 44.2 bpa vs. USDA at 46

Monday, August 3, 2015

Doane crop tour last week pegged US Soybean production forecast at 3.67 billion bushels, down from 3.969 bln last year, yields this season are forecast at 44.2 bpa that compares to the 46.0 bpa yield used by the USDA.

 

Corn $3.71 -.022, Soybeans $9.806 -.094, Chicago Wheat $4.992 +.012, Canola $502 +3.3

Friday, July 31, 2015

Month end selling contributed to lower grain prices at the close. 

 

Live Cattle $145.80 +.575, Feeder Cattle $211.22, Hogs $79 -.675

Friday, July 31, 2015

Livestock mixed as we enter the last day of July which could see more fund liquidation. 

 

Wheat Quality Council Tour in ND 15 spring wheat yield at 49.9 bpa

Thursday, July 30, 2015

Wheat Quality Council crop tour of North Dakota estimated the 2015 US spring wheat yield at 49.9 bushels per acre up from the 48.6 bpa last year and well ahead of the 45.2 bpa in the long term average

 

2015 November soybean futures finally breaking back above $9.00/bu resistance on strong Chinese demand

Tuesday, October 13, 2015

2015 November soybean futures +26.4/bu closing at $9.14/bushel not seen since August 18th, 2015

 

2015 USDA Oct. WASDE report shows all wheat ending stocks at 861 -14 million vs. last month, global stocks 228.5 mmt +3.8 vs. last month

Friday, October 9, 2015

15/16 Aussie wheat at 27 mmt vs. 26 last month, Argentina at 10.5 vs. 11 mmt last month, 15/16 Ukraine wheat at 27 +0.5 vs. last month at 26.5 and Canada at 27 +1.0 vs. last month at 26 mmt

 

Did you know that the largest ever announcement from USDA soybean order was 2.923 mmt

Friday, September 25, 2015

In February of 2012

 

Some reporting its hard to find a bad soybean yield but not hard to find a good corn yield

Tuesday, September 22, 2015

Some are reporting that it’s hard to find a bad soybean yield, but it’s just as difficult to find a really good corn yield?  Its early days but so far, the troubled east has not been a total disaster, and that the "really" bad spots in Missouri have so far come in a little better than expected.

 

2015 Pro Farmer Crop Tour shows higher corn yields and soybean pod counts in both MN and IO

Saturday, August 22, 2015

The Pro Farmer tour estimated the Minnesota Corn yield at 190.8 bpa vs. 2014 tour at 170.7 bpa. and compares to the tours 3-year average of 169.3 bpa.  The current USDA estimate for Minnesota Corn is 184.0 bpa. and last year's final was 156.0 bpa.  The Minnesota Soybean pod count came in at 1,119 vs. 1,031 last year and the three year average of 945.  The tour estimated the Iowa Corn yield at 180.2 bpa. vs. 178.7 bpa. last year and compares to the three year average of 162.6 bpa.  The USDA has Iowa Corn yield at 183.0 bpa. vs. last year's final of 178.0 bpa.  The Iowa Soybean pod count was 1,291 vs. 1,173 last year and the three year average of 1,033.

 

1st FSA Acreage Data reports shows 2.3 million prevent plant acres & 0.17 million failed

Monday, August 17, 2015

FSA Acreage Dat for August 3rd, 2015 shows 2.3 million prevent plant and 0.17 million failed acres, 

which compared to 1.6 million prevent and 0.15 million failed this time last year. 

 

Managed Money still long corn 163,799, soybeans 50,866

Monday, August 10, 2015

The Commitment of Traders report with Options as of August 4th, 2015 shows Managed Money: Corn Long 163,799 off 79,002; Soybeans Long 50,866 off 11,429; Wheat Short 14,042 up 19,141; Soybean Meal Long 58,152 up 290; Oil Short 12,397 up 11,167.  

 

USDA Crop Progress Report US corn crop conditions 70%, soys 63% G-E

Monday, August 3, 2015

USDA crop progress report for August 2, 2015 shows US corn crop conditions at 70& unchanged vs. last week and soys +1% to 63%

 

Live Cattle $146.45 +1.225, Feeder Cattle $211.475 +.25, Lean Hogs $78.525 -$1.15

Friday, July 31, 2015

Funds sold livestock at month end after being stronger earlier in the week.

 

Dow 17,656 -31, US $ Index 96.485 -1.204, CDN $0.7667 -.0005, Euro $1.1098 .0173

Friday, July 31, 2015

Macro markets calmer today with China +1.1% but weaker CDN GDP -0.2% in May will weigh on the CDN $

 

Wheat Quality Council Tour in ND estimating durum wheat yields at 39.2 bpa

Thursday, July 30, 2015

Wheat Quality Council crop tour of North Dakota estimated the 2015 US durum wheat yield at 39.2 bushels per acre up 
fromt he 36.6 bpa last year

 

Everything is awesome!!! when we're living our dream... Everything is better when we stick together

Wednesday, February 4, 2015

Everything is better when we stick together
Side by side, you and I gonna win forever, let's party forever
We're the same, I'm like you, you're like me, we're all working in harmony

 

Did you know that Brazilian real has depreciated some 60% against the renminbi in the past year with soybean prices the cheapest since 2008

Tuesday, October 13, 2015

A lower Real has made Brazilian soybeans prices equivalent to $12.00/bu U.S.

 

Breaking News Informa Economics has pegged 2015 soybean yields at 47.2 bpa and production at 3.878 billion bushels.

Friday, October 2, 2015

Lower than last years crop at 47.5 bpa

 

Ag Canada Raises 2015/16 Grain/Oilseed Ending Stocks Forecasts

Friday, September 25, 2015

Canola stocks jump to 1.5 mmt vs. 0.50 and all wheat stocks drop to 4.2 vs. 4.3 in July

 

USDA Crop Progress Report shows unchanged crop conditions for corn and soy

Tuesday, September 8, 2015

According to the latest USDA crop Progress Report US corn and soy crop conditions were left unchanged vs. expectations for a 1-2% drop ahead of the 2015 USDA September Crop Report

 

2015 July U.S. pork exports -0.3% vs. 2014

Tuesday, September 8, 2015

According to US Meat Export Federation, 2015 July pork exports were -0.3% from 14 despite a double digit increase in pork production.    The strong dollar was a big factor in hampering sales. Exports to Canada and Japan were slightly smaller. Exports to China/HK were robust despite their weakening economy.  Tonnage was up nearly 40% from last year.  This is largely due to the fact that the Chinese hog industry has contracted sharply in the last year, and pork prices are high there.

 

2015 Stats Canada Production Report for August 21, 2015 shows lower wheat and canola production

Saturday, August 22, 2015

Stats Canada 2015 Production  Report shows 2015 All Wheat estimated at 24.625 mmt vs. 2014 Crop at 29.281 mmt down 16% and lower than the lowest pre-report estimate at 24.8 range was 24.8 - 27.1, canola estimated at 13.343 mmt vs. expectations of  13.5 mmt vs. 2014 at 15.555 mmt 

 

FSA Acreage Data reports shows soybean prevent plant acres at 2.173 million acres

Monday, August 17, 2015

1st FSA Acreage Data report for August 3rd, 2015 shows soybean Prevent Plant Acreage at 2.173 mln acres compared to Aug

 2014 827,131 acres and Jan 2015 842,367 acres. All soybean subsidy crop acres reported, including failed acres, 

totalled 79.478 million.

 

US Corn & So crop conditions G-E Unchanged for August 9, 15

Monday, August 10, 2015

USDA crop progress report for August 9, 2015 shows US corn and soybean crop conditions unchanged at 70% and 63% respectively vs. market expectations of a 1-2% drop while US spring wheat crop conditions fell 1% inline vs. market expectations 

 

Corn $3.85 +.122, Soybean $10.31 +.22, Chicago Wheat $5.18 +.074, Canola $511.1 +4.9

Monday, August 10, 2015

Grains are higher today with support from a drier weather forecast for US Midwest, dry conditions in Europe, Ukraine, friendly USDA report on Wednesday and strong/record Chinese soybean imports

 
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