Summary for the

February 9th, 2017 USDA Reports

  2016/17 Feb 9th Ending Stocks 2016/17 Jan 12th Ending Stocks 2016/17 Feb 9th Production Est. 2016/17 Jan 12th Production Est.

2016/17 Jan 12th Quarterly Stocks

2016/17 Dec 9th Yield Estimate

Corn 

2320

2355

 15,148

15,148 12.384 174.6
Soybeans

420

420

4,307

4,307 2.895  52.1
Wheat

1139

1186

2,321

2,321 2.073  
Cash Bids
Name Delivery End Cash Price Basis Month Futures Price Basis
Local Picked Up Bid
Dlvd IL River
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Quotes retrieved on February 23, 2017, 07:28:15 PM CST
Commentary
Soybeans -

Soybean futures closed 11 to 11 1/2 cents lower today, pressured by the higher acreage projections announced by USDA this morning. March 17 soy meal

Corn -

Corn futures settled mostly 5 1/2 cents lower on Thursday. Weekly data released by EIA put ethanol production for the week ending 2/17 at 1.034

Ag Market Commentary -

Corn futures settled mostly 5 1/2 cents lower on Thursday. Weekly data released by EIA put ethanol production for the week ending 2/17 at 1.034

Cotton -

Cotton futures ended Thursday 14 to 88 points higher. USD futures lost 240 points on the session at this time. The USDA Chief Economist projects all

Lean Hogs -

Lean hog futures posted triple digit losses in the April contract, with other deferred contracts 52.5 to 62.5 cents lower. The CME Lean Hog Index

Cattle -

Live cattle futures closed $1.775 higher in Feb 17 and were up 45 cents in April 17. Feeder futures were mixed on the day with the front three

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Market Snapshot
Quotes retrieved on February 23, 2017, 07:28:15 PM CST
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