Page 110 - Demand Estimates News Today

Jim McCormick with AgMarket.Net says the January WASDE report warrants corn prices above $5 and soybeans in the range of $14 to $15.

The U.S. Department of Agriculture released its January Crop Production, World Agricultural Supply and Demand Estimates (WASDE), Quarterly Stocks and Winter Wheat Seedings reports on Tuesday. The grain market rallied, with corn settling at limit gains, following the release of the January WASDE report. Jeff Peterson with Heartland Farm Partners breaks down the reports and [...]

China purchased more wheat from US farmers in the week ended Dec. 31, 2020, continuing the country’s buying spree for the eighth straight week, and indicating that US wheat exports to China are expected to remain strong in the coming weeks. China booked 55,371 mt of US wheat in the week to Dec. 31, purchasing ...

USDA is preparing for a data dump of sorts on Tuesday. The World Agricultural Supply and Demand Estimates (WASDE), Crop Production, annual Crop Production, Grain Stocks, Winter Wheat Seedings, and six other reports will be published in the 12 o’clock hour. It’s tough to say what the biggest report will be, but Brian Basting of Advance Trading, Inc. is keeping an eye on several of these, including the final size of the 2020 corn, soybean and wheat crops. “The trade estimate that came out t...

On Tuesday, Jan. 12, USDA will release its latest Crop Production, World Agricultural Supply and Demand Estimates (WASDE), Quarterly Grain Stocks and Winter Wheat Seedings reports.

Profit-takers slice corn, soybean prices.

Profit-takers slice corn, soybean prices.

Profit-takers slice corn, soybean prices.

-AFBF Over the last two years, soybean exports and domestic crushing have outpaced soybean production in the world’s leading soybean-producing nations, Brazil and the U.S., helping to draw down their collective inventory by an estimated 1.2 billion bushels. Now, in advance of the highly anticipated January World Agricultural Supply and Demand Estimates report, we’re looking at the tightest soybean market in six years, with global stockpiles of 3.1 billion bushels and a stocks-to-use ratio o...

Bullish expectations for 2021 Black Sea wheat prices The Black Sea wheat market is entering 2021 at a six-year high and on a bullish trajectory, and as Russian quotas and tariffs are to be enforced by mid-February that market may experience further volatility in the near future. Black Sea wheat prices experienced extreme volatility during 2020, reaching a six-year high at $258.50/mt on Oct. 23 and again on Dec. 27, and continued to push further at historically high levels while production reach...