USDA Supply/Demand and Crop Production Report for Nov 8th, 2019

 

 2019

Planted Acres (millions)

Yield Estimates 2019 (bu/A)

2019 U.S. Production (billions)

 

Oct 19/20 U.S. Ending Stocks (billions)

Nov 19/20 U.S. Ending Stocks (billions)

Corn  90.0 167.0 13.661   1.929 1.910
Soybeans 76.7 47.5 3.550   460 475
Wheat 45.6  50.0 1.921   1.043 1.014
Cash Bids
Name Delivery End Cash Price Basis Month Futures Price Basis
Dlvd IL River
Shuttle Train Adair

View all cash prices...
Quotes retrieved on November 15, 2019, 04:46:15 PM CST
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 Futures Lower so far for Friday -

Corn futures are 3 1/2 cents to 4 cents lower at midday. The one day delayed weekly export sales update showed corn export sales were 19.2% higher

Wheat Lower again on Friday -

Friday wheat futures are lower at midday, with MPLS leading showing the biggest drops. The USDA updated the weekly export sales for the week ending

Cattle Lower at Midday -

Live cattle futures are lower by 12 to 17 cents so far for Friday. Feeder cattle futures are up by as much as 52 cents at midday on cheaper feed.

Cotton Higher so far Ahead of Weekend -

Nearby cotton futures are up by as much as 76 points at midday. Cotton weekly export sales were at 345,079 bales for the week ending 11/07, that is

Hogs Mixed with Triple Digit Losses -

Lean hog futures are currently mixed, with Dec futures making 37 cent gains as opposed to Feb and April contracts which are triple digits lower at

Ag Market Commentary -

Corn futures are 3 1/2 cents to 4 cents lower at midday. The one day delayed weekly export sales update showed corn export sales were 19.2% higher

Full commentary...
Market Snapshot
Quotes retrieved on November 15, 2019, 04:46:15 PM CST
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Grain Bin Safety
Notices

Fall DP Rates

Corn 5 cents through Dec then 4 per month

 

Soybeans 5 through Dec then 5 per month

 

 

Local Weather
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Industry, Illinois (61440)

Current Conditions: Sunny
Temperature: 47°F Dew point: 25°F
Humidity: 42% Pressure: 30.35 in. Hg
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Forecast

Friday
Weather condition
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Lo: 25°
Saturday
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Sunday
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Monday
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Tuesday
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Lo: 31°

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