USDA Supply/Demand and Crop Production Report for Jan 12th, 2021

 

2020

Planted Acres (millions)

Yield Estimates 2020 (bu/A)

2020 U.S. Production (billions)

 

Nov20/21 U.S. Ending Stocks (billions)

Nov19/20 U.S. Ending Stocks (billions)

Corn  92.0 172.0 14.182   1.552 1.995
Soybeans 83.8 50.2 4.135   140 524
Wheat 44.7  49.7 1.838   877  
Cash Bids
Name Delivery End Cash Price Basis Month Futures Price Basis
Dlvd IL River

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Quotes are delayed, as of January 23, 2021, 05:59:52 AM CST or prior.
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
Hog Market Ended Up Triple Digits -

Lean hog futures closed the day with gains of $1.52 to $2.25. For April the $2.25 rally brought futures to the highest price level since Oct-Dec of

Cattle Market Gains for Weekend -

Fat cattle futures closed the Friday session with $0.75 to $2.62 gains. The markets were closed prior to the monthly CoF numbers. Feeder cattle

Wheat Closed Double Digits in Red -

The wheat complex fell in the broad grain selloff ahead of the weekend. CBT SRW futures weakened 3.56% to 3.97% on the day. KC HRW wheat futures

Beans Drop Half a Dollar -

Soybean prices go into the weekend with losses of at least 56 cents in the front months. The entire complex weakened on Friday, but the board crush

Cotton Prices Weaker for Weekend -

At the close on Friday, front month cotton prices were 74 to 101 points in the red. USDA reported 292,355 RBs of cotton sold for export on the week

Corn Prices Close Near Lows -

Corn futures head into the weekend with double digit losses. March futures touched limit down briefly, bounced, and still closed near the session

Full commentary...
Market Snapshot
Quotes are delayed, as of January 23, 2021, 05:59:52 AM CST or prior.
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Industry, Illinois (61440)

Current Conditions: Clear
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Saturday
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