USDA Supply and Demand Report for Dec. 12th, 2017 

 

2017 Harvested Acres (millions)

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

Nov. 17/18 Production Estimate (billion)

Oct. 17/18 Production (billion)

Dec. 17/18 U.S. Ending Stocks (billion)

Nov. 17/18 U.S. Ending Stocks (billion)

Corn  83.119 175.4 14.578 14.280 2.437 2.487
Soybeans 89.471 49.5 4.425 4.431 0.445 0.425
Wheat         0.960 0.935
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 December 16, 2017, 06:39:03 AM CST
Commentary
Corn -

Corn futures closed the Friday session with most contracts as much as a penny lower. A private export sale of 134,503 MT of corn was sold to Costa

Wheat -

Wheat futures were mixed on Friday. MPLS was the strongest, with gains of 2 1/4 to 3 3/4 cents. Most CBT contracts were fractionally on either side

Ag Market Commentary -

Corn futures closed the Friday session with most contracts as much as a penny lower. A private export sale of 134,503 MT of corn was sold to Costa

Soybeans -

Soybean futures settled the day with fractional losses in the front months. January soy meal was down $1/ton, as nearby Jan bean oil 2 points lower.

Cotton -

Cotton futures saw gains of 24 to 77 points on Friday, as March was up 2.98% on the week. The Commitment of Traders report showed the spec traders

Lean Hogs -

Lean hog futures ended the day with 15 to 90 cent gains. The CME Lean Hog Index for 12/13 was down 22 cents to $64.64. The USDA pork carcass cutout

Full commentary...
Market Snapshot
Quotes retrieved on December 16, 2017, 06:39:03 AM CST
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