Page 101 - Demand Estimates News Today

With last Friday’s World Agricultural Supply and Demand Estimates (WASDE) report from USDA firmly in the rearview mirror, traders are once again focusing on spring weather. And Mother Nature hasn’t always been cooperative this past week. Cooler-than-normal temperatures have descended on the Corn Belt in the U.S., and frost has hammered parts of Europe earlier this week. That adverse weather has helped firm grain prices in recent sessions. Along with tight supplies, weather conditions have h...

4/11/2021 SINGAPORE, April 12 (Reuters) - Chicago corn futures gained 1% on Monday, rising for the fourth session in five and trading near an eight-year top with prices underpinned by strong demand and expectations of lower supplies. Wheat lost ground on forecasts of higher production in the worlds biggest exporter Russia. FUNDAMENTALS * The most-active corn contract on the Chicago Board of Trade (CBOT) added 1.1% to $5.83-1/2 a bushel, as of 0045 GMT. On Friday, the market hit its highest sinc...

(NAFB) – The USDA released its April World Ag Supply and Demand Estimates report that didn’t contain many market-moving surprises. Joe Vaclavik is the president of Standard Grain in Nashville, Tennessee. He says the USDA mainly tweaked some of the domestic numbers in corn, soybeans, and wheat.

4/11/2021 * Corn gains for 4 out of 5 sessions as USDA cuts supply forecast * Wheat futures drop on outlook for higher production in Russia (Adds quote in paragraphs 8-9, updates prices) By Naveen Thukral SINGAPORE, April 12 (Reuters) - Chicago corn futures gained 0.7% on Monday, rising for a fourth session in five and trading near an eight-year top, underpinned by strong demand and expectations of lower supplies. Wheat lost ground on forecasts of higher production in the worlds biggest exporte...

The US Department of Agriculture raised China’s 2020-21 wheat feed and residual use by 5 million mt to a record 40 million mt, according the agency’s April World Agricultural Supply and Demand Estimates report released April 9. “Auction sales of China’s old-crop wheat stocks continue to be large and domestic corn prices in China remain ...

2021-04-11 00:05:20 GMT2021-04-11 08:05:20(Beijing Time) Xinhua English CHICAGO, April 10 (Xinhua) -- CBOT agricultural futures closed mixed with rallies in corn and wheat while soy futures closed slightly lower. The World Agricultural Supply and Demand Estimates (WASDE) report released by U.S. Department of Agriculture (USDA) on Friday was neutral to positive to the market. Chicago-based research company AgResource maintains a bullish view. CBOT corn futures ended 11-16 cents higher in ...

* Wheat set for firm finish this week, after 5 weeks of losses SINGAPORE, April 9 (Reuters) - Chicago corn was little changed on Friday, with the market on track for its second week of gains, while soybeans are set for their biggest weekly rise in a month as expectations of higher plant-based fuel in the United States underpinned prices. Grain and oilseed markets have scaled multi-year highs in recent weeks with strong demand led by China and lower-than-expected U.S. planting driving prices hig...

4/9/2021 * Brisk demand and weather risks in focus * Wheat futures firm on tight stocks * Soybeans fall on S. American production increase (Adds U.S. supply and demand assessment; updates byline, dateline previously PARIS/SINGAPORE) By Christopher Walljasper CHICAGO, April 9 (Reuters) - Chicago corn edged higher on Friday, briefly climbing above recent 7-1/2 year highs before pulling back after the U.S. assessed global supply and demand within analyst estimates. Wheat strengthened with corn as ...

Missed some market news this week? Heres what Jacquie Holland, Ben Potter and our Ag Market IQ bloggers have been following. Ag Marketing IQ There was a lot of market surprise on lower U.S. acreage intentions. Will we see these numbers increase? Are they down due to higher input expenses or is it possible the USDA was too high on this same report in March 2020? I am sure any growers reading this are saying, “of course they were.” The acreage question is a big one, but there are p...

CORN SET FOR 2ND WEEK OF GAINS ON STRONG DEMAND, LOWER U.S. PLANTING Chicago corn was little changed on Friday, with the market on track for its second week of gains, while soybeans are set for their biggest weekly rise in a month as expectations of higher plant-based fuel in the United States underpinned prices. Grain and oilseed markets have scaled multi-year highs in recent weeks with strong demand led by China and lower-than-expected U.S. planting driving prices higher. “There is talk abo...