USDA Supply and Demand Report for June 12th, 2018

 

2018 Estimated Planted Acres (millions)

Jan. 17/18 Yield Estimate (bu/A)

Jan. 17/18 Production Estimate (billions)

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

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

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

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

Corn  88.026 176.6 14.604 2.102 2.182 1.577 1.682
Soybeans 88.982 49.1 4.392 0.505 0.530 0.385 0.415
Wheat 47.339     1.080 1.070 0.946 0.955
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 June 18, 2018, 03:34:43 PM CDT
Commentary
Cotton -

Cotton futures are posting another round of sharp losses on Monday, with nearby July down 252 points. Areas in the Texas High Plains received rains

Corn -

Corn futures are posting 4 to 5 cents losses so far on Monday. Heavy rains are expected in much of the Corn Belt over the next week. Part of the

Lean Hogs -

Lean hog futures are showing 30 cent to $1.55 gains on Monday. The CME Lean Hog Index was up another $1.35 to $81.44 on June 14. The USDA pork

Cattle -

Live cattle futures are mixed at midday, with nearby June down 27.5 cents and back months lower. Feeder cattle futures are up 15 to 37.5 cents. The

Wheat -

Wheat futures are trading 3 to 6 cents in the red in MPLS, with CBT down 8 to 12 cents and KC 25 to 16 cents lower. Inspections of all wheat for

Ag Market Commentary -

Corn futures are posting 4 to 5 cents losses so far on Monday. Heavy rains are expected in much of the Corn Belt over the next week. Part of the

Full commentary...
Market Snapshot
Quotes retrieved on June 18, 2018, 03:34:43 PM CDT
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Local Weather

Industry, Illinois (61440)

Current Conditions: Partly Cloudy
Temperature: 96°F Dew point: 70°F
Humidity: 43% Pressure: 29.98 in. Hg
Wind: 11 mph From: Southwest

Forecast

Monday

Hi: 93°
Lo: 72°
Tuesday

Hi: 86°
Lo: 69°
Wednesday

Hi: 81°
Lo: 66°
Thursday

Hi: 80°
Lo: 65°
Friday

Hi: 80°
Lo: 66°

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