Page 73 - Demand Estimates News Today

U.S. soybean stocks will be smaller than previously forecast as export demand for U.S. offerings remains strong even with recently harvested supplies from Brazil and Argentina available for overseas buyers, the government said on Friday. But corn supplies were estimated to be bigger than earlier forecasts, bucking market expectations for tighter stocks, as rising prices ...

Analysts said the latest forecasts from the government did not provide any fresh bullish news that would drive prices higher, and all eyes were focused on U.S. crop development in the hopes that a bountiful harvest this fall would provide some relief to the stressed global balance sheet.

USDA released the latest World Supply and Demand Estimates just moments ago. Market specialist Marlin Bohling has been gathering the date and has an update!

Late sugarbeet planting in the Red River Valley is expected to lead to lower yields, leading the U.S. Department of Agriculture to cut ending stocks, leaving an unusually low stocks-to-use ratio and opening the door to more raw sugar imports from Mexico.

However, weather will determine the final output, analysts said.

Brazilian corn and soybeans, Black Sea trade flows likely to be hot ticket items in June 2022 WASDE reports.

Afternoon report: Corn also firm in Thursday’s session, with wheat prices narrowly mixed

A front that has been stalled across Paraguay and southern Brazil since last week will finally move north with some showers next week. Unfortunately, itll be too little too late for most of the crop.

With crop prices, what goes up has always come crashing down, settling in somewhere below the full cost of production.

Retail price inflation accelerating for several dairy product categories, outpacing consumer price increases for all food.