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 December 06, 2019, 11:56:46 AM 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
Wheat Up 2 to 4 Cents, With MPLS in the Lead -

The three US wheat futures markets are 2 to 4 cents higher this morning, led by Minneapolis spring wheat. Wheat futures closed the Thursday session

Soybean Market Up 6 to 7 Cents on Meal Rally -

Soybean futures are 6 to 7 cents per bushel higher this morning. They settled more than 6 cents per bushel higher on Thursday for the bulls’ first

Cattle Market Looks Past Slow October Exports -

December Live cattle options expire today, yesterday live cattle futures retreated from triple digit gains, but still finished in the black. Feeder

Cotton Market Up 29 to 51 Points Overnight -

Cotton futures were 29 to 51 points higher overnight. Cotton ended the Thursday session with losses of 4 to 19 points, disregarding soon to expire

Corn Market Higher Overnight -

Corn is trading 1 to 1 1/2 cents higher here on Friday morning. Yesterday, corn futures were higher at midday but settled with losses of 1 3/4 to 3

Lean Hog Futures Split With Cash Action -

Lean hog futures finished Thursday with $0.30 to $1.25 drops. The cash market was going the other way. The CME Lean Hog Index for 12/03 was up $0.82

Full commentary...
Market Snapshot
Quotes retrieved on December 06, 2019, 11:56:46 AM CST
Check Us Out!!!
Image result for find us on facebook
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
Weather radar map

Industry, Illinois (61440)

Current Conditions: Cloudy
Temperature: 37°F Dew point: 28°F
Humidity: 70% Pressure: 30.32 in. Hg
Wind: 11 mph From: Northeast

Forecast

Friday
Weather condition
Hi: 38°
Lo: 23°
Saturday
Weather condition
Hi: 42°
Lo: 34°
Sunday
Weather condition
Hi: 48°
Lo: 39°
Monday
Weather condition
Hi: 43°
Lo: 17°
Tuesday
Weather condition
Hi: 24°
Lo: 10°

Zip Code:

© 2019 Freese-Notis Weather

Russell Grain, Inc.


The CME Group Intercontinental Exchange