USDA Supply and Demand Report for July 12th, 2018

 

June 2018 Estimated Planted Acres (millions)

March 2018 Estimated Planted Acres (millions)

June 1 U.S. Grain Stocks (millions)

July 17/18 U.S. Ending Stocks (billions)

June 17/18 U.S. Ending Stocks (billions)

July 18/19 U.S. Ending Stocks (billions)

June 18/19 U.S. Ending Stocks (billions)

Corn  89.128 88.026 5.306 2.027 2.102 1.552 1.577
Soybeans 89.557 88.982 1.222 0.465 0.505 0.580 0.385
Wheat 47.821 47.339  1.100     0.985 0.946
Cash Bids
Name Delivery End Cash Price Basis Month Futures Price Basis
Local Picked Up Bid
Dlvd IL River
Shuttle Train Adair

View all cash prices...
Quotes retrieved on July 22, 2018, 09:26:49 AM CDT
Commentary
Cattle -

Live cattle futures saw losses of 10 to 40 cents in most contracts on Friday. Nearby was Aug up 2.5 cents on the day and 4.18% higher on the week.

Wheat -

Wheat futures posted 11 to 12 cent gains in most CBT and KC contracts on Friday. MPLS was the leader, up 16 to 18 1/4 cents. The US dollar provided

Soybeans -

Soybean futures ended Friday with most contracts 3 to 4 cents higher, shrugging off pressure from more belligerent trade talk. August was up 3.79%

Ag Market Commentary -

Corn futures closed the week with most contracts 3 to 4 cents higher on Friday. Nearby September was up 4.1% since last Friday, with higher closes

Cotton -

Cotton futures were down 40 to 56 points in the front months on Friday. Sharp losses in the US dollar were offset by more trade news. President

Corn -

Corn futures closed the week with most contracts 3 to 4 cents higher on Friday. Nearby September was up 4.1% since last Friday, with higher closes

Full commentary...
Market Snapshot
Quotes retrieved on July 22, 2018, 09:26:49 AM CDT
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