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 17, 2018, 04:23:49 AM CDT
Commentary
Corn -

Corn futures posted fractional to 2 cent gains in most contracts to start the week. Spill over from soybeans and a little short covering helped, but

Ag Market Commentary -

Corn futures posted fractional to 2 cent gains in most contracts to start the week. Spill over from soybeans and a little short covering helped, but

Cotton -

Cotton futures saw marginal losses on Monday, with nearby contracts 2 to 8 points lower. Crude oil was down a sharp $2.95 on the day, putting a

Lean Hogs -

Lean hog futures were down 95 cents to $1.60 in most contracts on Monday, with July expiring at $79.75/cwt. The CME Lean Hog Index was down 35 cents

Cattle -

Live cattle futures closed the Monday session with contracts up 55 cents to $1.30. August was up $2.375, after touching limit gains earlier in the

Wheat -

Wheat futures ended the Monday session with most CBT and KC contracts down 7 to 9 cents, as MPLS was steady to 3 1/2 cents lower. Pressure was from

Full commentary...
Market Snapshot
Quotes retrieved on July 17, 2018, 04:23:49 AM CDT
Check Us Out!!!
Grain Bin Safety
Notices

Give us a call about DP Rates

309-254-3330

Call us about free market text messages.

Local Weather

Industry, Illinois (61440)

Current Conditions: Clear
Temperature: 67°F Dew point: 62°F
Humidity: 84% Pressure: 30.03 in. Hg
Wind: 3 mph From: North

Forecast

Tuesday

Hi: 85°
Lo: 63°
Wednesday

Hi: 84°
Lo: 65°
Thursday

Hi: 82°
Lo: 67°
Friday

Hi: 83°
Lo: 65°
Saturday

Hi: 82°
Lo: 64°

Zip Code:

© 2018 Freese-Notis Weather

Russell Grain, Inc.