Summary for the May 12th, 2015

USDA Reports

           
 

14/15 USDA Ending Stocks Est.

April 14/15 USDA Ending Stocks

15/16 USDA Ending Stocks Est. World 15/16    Ending Stocks (million tonnes)
Corn   1.851 1.827 1.746 191.94
Soybeans 350 370  500 96.22
Wheat 709 684 793 203.32
Cash Bids
Name Delivery End Cash Price Basis Month Futures Price Basis
Pick Up Bid
Dlvd IL River
Shuttle Train Adair

View all cash prices...
Quotes retrieved on May 28, 2015, 12:48:16 PM CDT
Commentary
Corn -

Corn futures are trading 2 to 3 cents higher at midday.  Growing degree day accumulations since May 1 are well behind normal in the

Ag Market Commentary -

Corn futures are trading 2 to 3 cents higher at midday.  Growing degree day accumulations since May 1 are well behind normal in the

Soybeans -

Soybean futures are trading 3 to 5 cents lower at midday.  Argentine meal exports were projected to be 28.99 MMT in the May WASDE report,

Cattle -

Live cattle futures are trading $1 to $1.50 higher at midday, with futures still well below the cash cattle market.  Feeders are up a sharp

Cotton -

Cotton futures are trading mostly 10 to 20 points higher at midday, with the thin October contract down 15.  The USD is trading slightly

Lean Hogs -

Lean hog futures are trading steady to 80 cents higher in the active contracts at midsession. The CME Lean Hog Index was down 40 cents at $82.51.

Full commentary...
Market Snapshot
Quotes retrieved on May 28, 2015, 12:48:16 PM CDT
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Local Weather

Industry, Illinois (61440)

Current Conditions: Sunny
Temperature: 77°F Dew point: 57°F
Humidity: 50% Pressure: 30.14 in. Hg
Wind: 11 mph From: Southeast

Forecast

Thursday

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