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

 

2017 Harvested Acres (millions)

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

Oct. 17/18 Production Estimate (billion)

Sep. 17/18 Production (billion)

Oct. 17/18 U.S. Ending Stocks Estimate (billion)

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

Corn  83.119 171.8 14.280 14.184 2.340 2.335
Soybeans 89.471 49.5 4.431 4.431 0.430 0.475
Wheat         0.960 0.933
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 October 16, 2017, 07:07:39 PM CDT
Commentary
Cattle -

Live cattle futures settled Monday trade with most contracts 15 cents to $1.10 lower. Feeder futures were 5 to 65 cents lower. The CME feeder cattle

Lean Hogs -

Lean hog futures were steady to $1.50 higher on Monday. Only December was in triple digit territory. The CME Lean Hog Index for 10/12 was $0.39

Cotton -

Cotton futures finished the Monday session with most contracts 55 to 109 points lower. The was a little pressure from a slightly higher US dollar,

Ag Market Commentary -

Corn futures ended the Monday session with losses of 2 to 3 cents. The USDA Export Inspections report showed exports for the week of October 12 well

Soybeans -

Soybean futures fell 4 to 9 1/4 cents on profit taking to start the week. December meal was $4.10/ton lower, with nearby bean oil down 10 points.

Wheat -

Wheat futures closed Monday with most contracts 1 to 5 1/2 cents lower. All wheat export inspections totaled just 11.86 mbu during the week of Oct

Full commentary...
Market Snapshot
Quotes retrieved on October 16, 2017, 07:07:39 PM 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: 58°F Dew point: 38°F
Humidity: 47% Pressure: 30.24 in. Hg
Wind: 4 mph From: South

Forecast

Monday

Hi: 63°
Lo: 43°
Tuesday

Hi: 69°
Lo: 47°
Wednesday

Hi: 71°
Lo: 47°
Thursday

Hi: 72°
Lo: 51°
Friday

Hi: 74°
Lo: 55°

Zip Code:

© 2017 Freese-Notis Weather

Russell Grain, Inc.