MarketsFarm — As the U.S. northern Plains continue to deal with severe drought conditions, the U.S. Department of Agriculture (USDA) has significantly lowered its 2021-22 ending stocks estimates for wheat […] Read more
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Tag Archives wasde
USDA pegs wheat ending stocks to be lowest since 2013-14
U.S. grains: Wheat futures rally after U.S. slashes harvest estimates
Agency raises U.S. corn crop forecast from June
Chicago | Reuters — U.S. wheat futures climbed on Monday on lower-than-expected production estimates for domestic crops damaged by searing weather and drought, analysts said. Corn and soybean futures also […] Read more
U.S. grains: Rain pushes corn to 12 per cent weekly drop
Soybeans, wheat hesitant as dry northern U.S. still a concern
Chicago | Reuters — Chicago corn futures dipped on Friday, losing 12 per cent for the week as rain and moderate temperatures were expected to boost U.S. Midwest crops. Wheat […] Read more
CBOT weekly outlook: Wet weather pressures markets ahead of USDA report
MarketsFarm — After hot and dry weather sent corn and soybean prices climbing higher in early June, much-needed rains brought bids down at the Chicago Board of Trade on Wednesday. […] Read more
U.S. grains: Corn tumbles on long liquidation
CBOT soy, wheat modestly higher
Chicago | Reuters — U.S. corn futures fell for a third straight session on Friday, with the benchmark July contract hitting a two-week low on fund-driven long liquidation amid easing […] Read more
U.S. grains: Corn limit-down on profit-taking, bearish USDA data
Chicago soybeans, wheat follow
Chicago | Reuters — U.S. corn futures fell more than five per cent on Thursday on profit-taking after recent multi-year highs and follow-through selling, a day after the U.S. Department […] Read more
USDA expects record world wheat crop in 2021-22
MarketsFarm — The latest U.S. forecast puts world wheat production at a new record in 2021-22, with bigger crops in a number of countries more than offsetting expected decreases in […] Read more
U.S. grains: Soybeans reach highest since 2012 on supply woes
Corn, wheat down on WASDE report
Chicago | Reuters — U.S. soybean futures set an 8-1/2-year high on Wednesday after a key U.S. government crop report projected that supplies of the oilseed would remain tight even […] Read more
U.S. grains: Corn, soy, wheat dip ahead of WASDE
Market eyes U.S. supply-demand reports for price direction
Chicago | Reuters — Chicago corn futures fell on Monday, pausing after rallying to eight-year highs last week, with traders focusing on the U.S. Department of Agriculture’s upcoming world supply-demand […] Read more
CBOT weekly outlook: Look for May USDA report to be bullish
New WASDE will include first projections for 2021-22
MarketsFarm — With the next supply and demand estimates from the U.S. Department of Agriculture (USDA) a week away, broker Ryan Ettner provided his outlook on the report. “[Soybean] exports […] Read more
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