USDA Supply/Demand and Crop Production Report for July 10th, 2020

 

2020

Planted Acres (millions)

Yield Estimates 2020 (bu/A)

2020 U.S. Production (billions)

 

May20/21 U.S. Ending Stocks (billions)

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

Corn  92.0 178.5 15,000   2.648 2.248
Soybeans 83.8 49.8 4.135   425 620
Wheat 44.7  49.5 1.824   942  
Cash Bids
Name Delivery End Cash Price Basis Month Futures Price Basis
Dlvd IL River

View all cash prices...
Quotes retrieved on July 11, 2020, 03:16:28 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
Wheat Closed Mixed -

Wheat traded in both directions on Friday. KC HRW futures closed with 3 to 4 3/4 cent losses. HRS wheat was fractionally mixed to 1 1/4 cents lower.

Beans Close in Red -

Soybeans closed 6 3/4 to 10 3/4 cents lower in the red with double digit losses in new crop futures. Bean meal traded down by as much as $5/ton. Soy

Ag Market Commentary -

Corn traders sold the fact and took profits ahead of the weekend. Futures closed the Friday session 10 to 12 1/4 cents deep in the red. From the

Double Digit Losses for Corn -

Corn traders sold the fact and took profits ahead of the weekend. Futures closed the Friday session 10 to 12 1/4 cents deep in the red. From the

Hogs Lower ahead of Weekend -

Front month lean hog futures closed the day with 35 to 82 cent losses in the front months. July contracts traded higher on the day, with a 12 cent

Cattle Close at Highs on Day -

Live cattle futures closed the day with gains of 65 to 95 cents, which was near the top of the day’s range. Feeder cattle futures progressed

Full commentary...
Market Snapshot
Quotes retrieved on July 11, 2020, 03:16:28 PM CDT
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Grain Bin Safety
Notices

DP Rates

Corn Free through Aug

 

Soybeans Free through Aug

 

 

Local Weather
Weather radar map

Industry, Illinois (61440)

Current Conditions: Scattered Clouds
Temperature: 90°F Dew point: 68°F
Humidity: 49% Pressure: 29.90 in. Hg
Wind: 11 mph From: West

Forecast

Saturday
Weather condition
Hi: 90°
Lo: 65°
Sunday
Weather condition
Hi: 82°
Lo: 64°
Monday
Weather condition
Hi: 84°
Lo: 61°
Tuesday
Weather condition
Hi: 88°
Lo: 64°
Wednesday
Weather condition
Hi: 83°
Lo: 68°

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