Summary for the April 9th

USDA 2014/15 U.S. Grain Ending Stocks

           
 

USDA Ending Stocks

Avg. Estimate

 March 10, 2015 Ending Stocks Last Years Numbers
Corn   1.827 1.854 1.777 1.232
Soybeans 370  370  385 92
Wheat 684  692 691 590
Cash Bids
Name Delivery End Cash Price Basis Month Futures Price Basis
Pick Up Bid
Dlvd IL River
Shuttle Train Adair

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Quotes retrieved on May 06, 2015, 11:28:40 AM CDT
Commentary
Soybeans -

Soybean futures are currently up as much as 3 cents on the day, following two days in a row with double-digit gains.  Soy oil popped 41

Corn -

Corn futures are trading mostly between 1 and 2 3/4 cents higher this morning after closing 1 1/4 to 2 1/2 cents higher on a Turnaround Tuesday

Lean Hogs -

Lean hog futures settled 37 lower to 207 higher, with the strong rally in the soon to expire May contract. The CME Lean Hog Index rose $1.68 to

Cattle -

Cattle futures settled 40 to 77 cents higher, coming back from early losses. Choice boxed beef prices averaged 8 cents lower on Tuesday. 

Ag Market Commentary -

Corn futures are trading mostly between 1 and 2 3/4 cents higher this morning after closing 1 1/4 to 2 1/2 cents higher on a Turnaround Tuesday

Cotton -

Cotton futures are trading 47 to 55 points lower this morning.   Crude oil is up $1.25/barrel on the session, and the USD index is

Full commentary...
Market Snapshot
Quotes retrieved on May 06, 2015, 11:28:40 AM CDT
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Local Weather

Industry, Illinois (61440)

Current Conditions: Sunny
Temperature: 79°F Dew point: 54°F
Humidity: 42% Pressure: 30.08 in. Hg
Wind: 16 mph From: South

Forecast

Wednesday

Hi: 81°
Lo: 62°
Thursday

Hi: 82°
Lo: 63°
Friday

Hi: 79°
Lo: 60°
Saturday

Hi: 74°
Lo: 55°
Sunday

Hi: 71°
Lo: 55°

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