Page 76 - Demand Estimates News Today

The May World Ag Supply and Demand Estimates (May 12, 2022) call for lower corn and higher soybean production ...

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

Even as the central and eastern parts of the Corn Belt finally are making some planting progress, the western Corn Belt and northern Plains remain mired in wet, cold weather that has kept tractors at a near-standstill, especially in North Dakota and Minnesota, Don Wick of the Red River Farm Network and Randy Martinson of Martinson Ag Risk Management discussed on the Agweek Market Wrap.

Afternoon report: Wheat prices also firm on Friday, with corn trending moderately lower.

- Risk aversion sentiment continues; USD buoyant due to safe-haven flows. Bond yields lower. - UK Q1 and Mar GDP data most miss consensus, concerns th

U.S. winter wheat shortfall more severe than previously believed.

The USDA predicts that soybean oil use in biofuel production for 2022-’23 will be up in its latest World Agricultural Supply and Demand Estimates report, released May 12. Soybean oil prices are expected to be down slightly.

Brazil’s CONAB corn production estimate changes also shake up markets on Thursday.

The World Agricultural Supply and Demand Estimates are the U.S. Department of Agriculture’s first projections for the 2022-23 crop year.

Tomorrows USDA report - a first look at world ending stocks for 2022/23