USDA Supply and Demand Report for Aug. 10th, 2018

 

June 2018 Estimated Planted Acres (millions)

Aug. 2018 U.S. Production (billions)

Yield Estimates 2018 (bu/A)

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

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

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

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

Corn  89.128 14.586 178.4 2.027 2.027 1.684 1.552
Soybeans 89.557 4.586 51.6 0.430 0.465 0.785 0.580
Wheat 47.821         0.935 0.985
Cash Bids
Name Delivery End Cash Price Basis Month Futures Price Basis
Dlvd IL River
Local Picked Up Bid
Shuttle Train Adair

View all cash prices...
Quotes retrieved on August 21, 2018, 03:21:22 PM CDT
Commentary
Corn -

Corn futures are mostly 2 to 3 cents lower in the nearby contracts on Tuesday. The Pro Farmer Crop Tour is so far confirming thoughts of a good corn

Lean Hogs -

Lean hog futures are showing 65 to 75 cent losses in the front months, with deferred contracts steady to 50 cents higher. The CME Lean Hog Index was

Cotton -

Cotton futures are mostly 40 to 50 points in the green at midday. The US dollar index is weaker again this morning, down 253 points at the moment.

Soybeans -

Soybean futures are trading 5 to 6 cents in the red at midday. Nearby soy meal is down $2/ton, with soy oil 6 points lower. The USDA, through their

Ag Market Commentary -

Corn futures are mostly 2 to 3 cents lower in the nearby contracts on Tuesday. The Pro Farmer Crop Tour is so far confirming thoughts of a good corn

Wheat -

Wheat futures are showing losses of 11 to 13 cents in the nearby winter wheat contracts, with MPLS down 5 to 6 cents. Last night, NASS showed the

Full commentary...
Market Snapshot
Quotes retrieved on August 21, 2018, 03:21:22 PM CDT
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Local Weather

Industry, Illinois (61440)

Current Conditions: Partly Cloudy
Temperature: 82°F Dew point: 61°F
Humidity: 49% Pressure: 30.01 in. Hg
Wind: 15 mph From: Northwest

Forecast

Tuesday

Hi: 77°
Lo: 56°
Wednesday

Hi: 77°
Lo: 54°
Thursday

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Lo: 61°
Friday

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Saturday

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