Page 93 - Demand Estimates News Today

Wheat keeps moving higher as 2021 resembles 1988 in this weeks market news AgweekTVs Michelle Rook and Randy Martinson of Martinson Ag Risk Management discuss how the price of wheat continues to climb after Mondays World Agriculture Outlook Supply and Demand Estimates were released. Written By: Michelle Rook | 4:33 pm, Jul. 16, 2021 We saw higher weekly closes in all of the grains markets, said Michelle Rook and Randy Martinson in this weeks Agweek Market Wrap...

The USDA issued its World Agricultural Supply and Demand Estimates (WASDE) report Monday, but there was nothing in that report to move the market dramatically up or down. “The government decided to go on hold with yields,” explains Don Roose, president of U.S. Commodities in West Des Moines. With drought conditions easing somewhat, the USDA figures were fairly market-neutral, Roose says. The USDA estimates for average corn and soybean prices for the next year dipped a little, from $5....

By Reuters Staff 1 Min Read CHICAGO, July 12 (Reuters) - The U.S. government raised its forecast for the country’s corn harvest on Monday, topping the average of analysts’ estimates despite some concerns about dry conditions in key growing areas during June. The outlook for soybean harvest was left unchanged although that crop is still in early stages of development. The corn harvest was seen at 15.165 billion bushels, based on an average yield of 179.5 bushels per acre, and soybean harvest...

ADVERTISEMENT The USDA maintained its forecast for 2021-’22 soybean oil use in biofuel production in its latest World Agriculture Supply and Demand Estimates report, released on July 12. The expected price of soybean oil was lowered. Soybean production is projected at 4.4. billion bushels for 2021-’22, unchanged from the June WASDE. Harvested areas, forecast at 86.7 million acres in the June Acreage report, is unchanged from last month, but up 4.4. million acres when compared to last year. ...

Grain markets remain very volatile and weather is becoming an increasingly important factor. The past week has largely seen a weakening in international new-crop grain futures prices on the back of improving prospects for the 2021 harvest, especially for wheat. Maize continues to be the main driver, while wheat is more subdued. Chicago December maize futures increased in the early days of last week and then weakened, but Chicago wheat has been falling since 7 June. MATIF December wheat is als...

CHICAGO, June 12 (Xinhua) -- CBOT agricultural futures consolidated in the past week awaiting certainty in the summer Central U.S. weather pattern, Chicago-base

AgweekTV's Michelle Rook and Randy Martinson of Martinson Ag Risk Management talk about up and down markets, the June WASDE report, reports of possible help for refiners complaining of high RIN prices, an improving cattle market and the future of the hog market on this week's Agweek Market Wrap.

CHICAGO, June 12 (Xinhua) -- CBOT agricultural futures consolidated in the past week awaiting certainty in the summer Central U.S. weather pattern, Chicago-base

Weekend rains in Upper Midwest dampen grain prices; Grain markets continue to digest the fallout from yesterday’s WASDE report.

CANBERRA, June 11 (Reuters) - U.S. corn futures edged higher on Friday and were set to rise more than 2% for the week, helped by forecasts of U.S.