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USDA WASDE Report - Neutral
Published on Tuesday, April 9, 2019Across Wheat, Corn, and Soybeans, very little by way of surprises were brought forward in the USDA's April release of the World Agricultural Supply & Demand Estimates (WASDE). Corn ending stocks rose in harmony with the larger Quarterly Grain Stocks report released at the end of March. On that same note, soybeans were left largely unchanged. The USDA made little by way of cha...
Learn MoreUpcoming WASDE Report Considerations
Published on Monday, April 8, 2019Any time the market has an infusion of new information, we have a greater chance for volatility. On the last day of March the USDA quarterly stocks and planting intentions reports were released with a few surprises and volatility ensued. US corn stocks were pegged nearly 300 million bushels above the highest trade estimates, which was a huge surprise to say the least. That c...
Learn MoreA Flood of Developments
Published on Monday, April 1, 2019The USDA brought a flood of selling to the market following its release of the Quarterly Grain Stocks and Prospective Plantings reports on Friday. Below is a quick snapshot of how acreage is shifting relative to current estimates. For a fuller view of the numbers, Click HERE to be directed to the download. However, with the reports now behind us, there is a different flood s...
Learn MoreCRMG Market Moment -USDA Prospective Plantings and Grain Stocks reports.....bearish
Published on Friday, March 29, 2019USDA Prospective Plantings and Grain Stocks reports- March 2019 Lower prices follow the Prospective Plantings report and Grain Stocks report. Here is a quick comparison of the actual versus expected numbers. Below is a summary of each report. ...
Learn MoreProspective Plantings....All the Guesswork
Published on Monday, March 25, 2019As the market prepares for the coming Prospective Plantings report on Friday, there is much discussion about which crop (corn or soybeans) will carry the greatest weight in gaining ground. Looking back at last fall's numbers, (see table below) the USDA projected 92 million acres of corn and 82.5 million acres of soybeans. They also projected 3.2 million acre increase in wheat to a comb...
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