USDA Supply/Demand and Crop Production Report for Apr 9th, 2019

 

 2018 Planted Acres (millions)

Final Yield Estimates 2018 (bu/A)

2018 U.S. Production (billions)

 

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

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

Corn  89.128 176.4 14.420   1.835 2.035
Soybeans 89.557 51.6 4.544   0.900 0.895
Wheat 47.821  N/A     1.055 1.087
Cash Bids
Name Delivery End Cash Price Basis Month Futures Price Basis
Dlvd IL River
Local Picked Up Bid

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Quotes retrieved on April 19, 2019, 01:34:07 PM CDT
All grain prices are subject to change at any time.
Cash bids are based on 10-minute delayed futures prices, unless otherwise noted.
Marketing Program
Commentary
Corn Market Fractionally Higher on Better Exports -

Corn futures closed 3/4 lower to 1/2 cent higher, with the nearby contracts the firmest. USDA’s weekly Export Sales report showed sharply

Lean Hogs Top $90 In Nearby May Futures -

Lean Hog futures turned cautious, with the exception of nearby May. May was up $1.27 broke the $90 mark. The CME Lean Hog Index was up 40 cents

Cotton Settles Lower on 25% Weekly Export Drop -

Cotton futures closed 61 to 80 points lower on Thursday. The markets will be closed on Friday. USDA reported old crop upland cotton export sales

Soybeans Get Boost from Soy Oil -

Soybean futures settled 1 to 1 3/4 cents higher on position squaring ahead of the 3-day holiday weekend. Meal futures were down $.70/ton but May soy

Wheat Market News and Commentary -

Wheat futures came back from morning weakness but still closed mostly lower. The CHI futures were 2 to 4 cents lower. KC held up better, UNCH to

Ag Market Commentary -

Corn futures closed 3/4 lower to 1/2 cent higher, with the nearby contracts the firmest. USDA’s weekly Export Sales report showed sharply

Full commentary...
Market Snapshot
Quotes retrieved on April 19, 2019, 01:34:07 PM CDT
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