USDA Supply/Demand and Crop Production Report for AUG 12th, 2019

 

 2019

Planted Acres (millions)

Yield Estimates 2019 (bu/A)

2019 U.S. Production (billions)

 

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

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

Corn  90.0 168.2 13.799   2.445 2.190
Soybeans 76.7 47.9 3.633   1.005 0.640
Wheat 45.6  50.0 1.921   1.072 1.014
Cash Bids
Name Delivery End Cash Price Basis Month Futures Price Basis
Dlvd IL River
Local Picked Up Bid
Shuttle Train Adair

View all cash prices...
Quotes retrieved on September 20, 2019, 03:28:32 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
Wheat Closes Mixed on Thursday -

Wheat futures were mostly steady to 2 cents lower in the winter wheat contracts, with MPLS up 4 to 7 cents on Thursday. USDA Export Sales data

Corn Slightly Higher on Thursday -

Corn futures saw 1 to 1 1/2 cent gains in the front months on Thursday, boosted by export sales data. USDA reported weekly export sales of 1.464 MMT

Cotton Modestly Lower on Thursday -

Cotton futures were down 14 points in several nearby contracts on Thursday, with nearby Oct up 2 points. USDA reported cotton export sales for the

Soybeans Post Gains on Positive Export Sales -

Soybeans futures closed the Thursday session with most contracts 2 to 4 1/4 cents higher. Soybean meal was up 60 cents/ton, with soy oil 6 points

Ag Market Commentary -

Corn futures saw 1 to 1 1/2 cent gains in the front months on Thursday, boosted by export sales data. USDA reported weekly export sales of 1.464 MMT

Hogs Mostly Higher on Thursday -

Lean Hog futures were steady to $1.325 higher in most contracts on Thursday, with Oct down $1.525. Cash is still falling and showing a ~$5 discount.

Full commentary...
Market Snapshot
Quotes retrieved on September 20, 2019, 03:28:32 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

 

 

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