USDA Supply/Demand and Crop Production Report for May 10th, 2019

 

 2018 Planted Acres (millions)

Final Yield Estimates 2018 (bu/A)

2018 U.S. Production (billions)

 

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

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

Corn  89.128 176.4 14.420   2.095 2.485
Soybeans 89.557 51.6 4.544   0.995 0.970
Wheat 47.821  N/A     1.127 1.141
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 May 20, 2019, 03:48:00 AM 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
Ag Market Commentary -

Corn futures ended the Friday session with the front months firm to 4 1/4 cents higher. Nearby July was up a strong 8.96% this week. The buying was

Cotton Falls 3.59% This Week -

Cotton futures ended the Friday session with most contracts 71 to 131 points lower. On the week, July was down 3.59%, with the two week drop at

Soybeans Show Weakness on Friday but Manage to Close the Week Higher -

Soybean futures saw weakness into Friday’s close, with the front months down 17 to 18 1/4 cents. Concerns of corn acres switching to beans

Hogs Close Friday Mixed -

Lean Hog futures closed the Friday session with front months 15 to 65 cents higher and deferred contracts lower. Later in the day, it was reported

Corn Posts 9% Gain This Week -

Corn futures ended the Friday session with the front months firm to 4 1/4 cents higher. Nearby July was up a strong 8.96% this week. The buying was

Cattle Higher as Japan Eases Restrictions -

Live cattle futures posted 80 cent to $180 gains in most contracts on Friday. A USDA announcement shows that Japan has agreed to lift the 30-month

Full commentary...
Market Snapshot
Quotes retrieved on May 20, 2019, 03:48:00 AM CDT
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Grain Bin Safety
Notices

Old Crop Rates

Corn Free through Aug

 

Soybeans Free through May then 5 per month

 

 

Local Weather
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Industry, Illinois (61440)

Current Conditions: Clear
Temperature: 51°F Dew point: 45°F
Humidity: 79% Pressure: 29.99 in. Hg
Wind: 7 mph From: Northwest

Forecast

Monday
Weather condition
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Lo: 43°
Tuesday
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Wednesday
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Thursday
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Friday
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Lo: 64°

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