wasde Archives | Page 11 of 18

The USDA building in Washington, D.C. (Art Wager/iStock/Getty Images)

CBOT weekly outlook: Eyes on U.S. election, next supply and demand report

By Glen Hallick November 4, 2020

MarketsFarm — With no final results yet Wednesday in the U.S. presidential election, there has been very little, if any, effect on the Chicago Board of Trade (CBOT), according to Allendale Inc. president Steve Georgy. “For the grain markets there hasn’t been a higher impact yet, but it is rather quiet,” he said from McHenry, […] Read more

CBOT November 2020 soybeans with Bollinger (20,2) bands. (Barchart)

Crops, Markets

U.S. grains: Soybean futures hit 2018 highs as supplies tighten

USDA cuts domestic soy ending stocks; traders expect more demand from China

By Tom Polansek October 9, 2020

Chicago | Reuters — Chicago Board of Trade soybean futures surged to their highest prices since March 2018 after the U.S. Department of Agriculture on Friday said inventories will dwindle to a five-year low. Corn futures advanced to a one-year high, while wheat futures slumped in a setback from a five-year high reached on Thursday. […] Read more

Crops, Markets

USDA’s WASDE bullish for soy, corn, wheat

By Marlo Glass October 9, 2020

MarketsFarm — The October world agricultural supply and demand estimates (WASDE) from the U.S. Department of Agriculture (USDA) shows lower U.S. ending stocks for soybeans, corn and wheat. Projected U.S. soybean ending stocks for 2020-21 were lowered to 290 million bushels from last month’s projection of 460 million. Last year, carryout stocks were at 523 […] Read more

CBOT December 2020 wheat with Bollinger (20,2) bands. (Barchart)

Crops, Markets

U.S. grains: CBOT wheat falls after hitting highest since 2015

Chicago corn, soybean futures ease

By Mark Weinraub October 8, 2020

Chicago | Reuters — Chicago Board of Trade wheat futures dropped 1.9 per cent on Thursday, falling from their highest in more than five years, as traders locked in profits ahead of a key U.S. government report. Soybeans and corn also eased from recent peaks but losses were kept in check by strong export demand. […] Read more

CBOT December 2020 corn with Bollinger (20,2) bands. (Barchart)

Crops, Markets

CBOT weekly outlook: Watch for USDA’s corn, soy stocks numbers to decline

By Glen Hallick October 7, 2020

MarketsFarm — Expect ending stocks for U.S. corn and soybeans to be lower in the upcoming supply and demand report from the U.S. Department of Agriculture (USDA), said Scott Capinegro of Barrington Commodities at Barrington, Ill. USDA is scheduled to release its next world agriculture supply and demand estimates (WASDE) on Friday at 11 a.m. […] Read more

Crops, Markets

CBOT weekly outlook: Chinese demand leading factor in bullish soy market

By Glen Hallick September 16, 2020

MarketsFarm — China’s demand for U.S. soybeans has been the major factor behind the bullish soy complex at the Chicago Board of Trade (CBOT), according to Terry Reilly of Futures International in Chicago. China has been on something of a buying tear, with sales being announced by the U.S. Department of Agriculture (USDA) on a […] Read more

Crops, Markets

CBOT weekly outlook: Export demand underpins commodities

By Marlo Glass September 9, 2020

MarketsFarm — Commodity prices on the Chicago Board of Trade (CBOT) have found support from recent increases in global export demand. China has purchased nearly 900,000 tonnes of soybeans for delivery during the current marketing year, which began on Sept. 1. “It’s all about Chinese demand,” said Terry Reilly of Futures International in Chicago. “They […] Read more

CBOT December 2020 corn with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets

CBOT weekly outlook: Seasonal harvest pressure weighs on soy, corn

By Marlo Glass September 3, 2020

MarketsFarm — Market activity on the Chicago Board of Trade has been characteristic for September, with harvest activity keeping pressure on values. “The trend for September turns to the downside as harvest starts to pick up,” said Steve Georgy of Barrington Commodities at Barrington, Ill. However, next week’s world agriculture supply and demand estimates (WASDE) […] Read more

Crops, Markets

CBOT weekly outlook: Bearish USDA report generates bullish reaction

By Glen Hallick August 12, 2020

MarketsFarm — There were marked increases in yields for U.S. corn and soybeans that bested market expectations in the supply and demand report from the U.S. Department of Agriculture (USDA). Despite those increases, corn and soybean futures on the Chicago Board of Trade (CBOT) didn’t react as anticipated. “We’re getting a friendly reaction to bearish […] Read more

Crops, Markets

CBOT weekly outlook: The good and bad between the U.S., China

By Glen Hallick July 22, 2020

MarketsFarm — The current relationship between the United States and China has continued to be rather chaotic, according to Steve Georgy, president of Allendale Inc. at Fort McHenry, Ill. Despite the two countries’ diplomatic row, China has sharply picked up its purchases of U.S. soybeans. Georgy pointed to the 715,000 tonnes purchased by China on […] Read more

Tag Archives wasde — page 11

CBOT weekly outlook: Eyes on U.S. election, next supply and demand report

U.S. grains: Soybean futures hit 2018 highs as supplies tighten

USDA’s WASDE bullish for soy, corn, wheat

U.S. grains: CBOT wheat falls after hitting highest since 2015

CBOT weekly outlook: Watch for USDA’s corn, soy stocks numbers to decline

CBOT weekly outlook: Chinese demand leading factor in bullish soy market

CBOT weekly outlook: Export demand underpins commodities

CBOT weekly outlook: Seasonal harvest pressure weighs on soy, corn

CBOT weekly outlook: Bearish USDA report generates bullish reaction

CBOT weekly outlook: The good and bad between the U.S., China

Cyber-Savvy Farmer