Page 95 - Demand Estimates News Today

  Corn – Weekly export rates continued to set new highs over the past month on steady Chinese and overall global demand, though those paces could ease back as futures prices creep back towards $7/bushel and the Brazilian safrinha crop is harvested. An upward revision past USDA’s current 2020/21 export estimate of 2.78 billion bushels would not terribly surprise markets. Ethanol could also be another demand factor that further draws down 2020/21 corn stocks. USDA left the metric unchanged i...

Plus – a look at post-pandemic baking trends.

The first predictions for global wheat supplies and demand in the new U.S. marketing year (June 1, 2021, to May 31, 2022) are in. Most estimates call for relatively stable world supplies in 2021/22. Only…

U.S. milk production grew for the 11th consecutive month in April.

Grains climb on weather worries.

For a crop estimated to have the tightest ending supplies in seven years, there is something odd about recent weakness in cash soybean prices.

USDA shares forecasts for grain and farm exports Grain carloads have provided support to US rail volumes year-to-date 0 4 minutes read (Photo: Jim Allen/FreightWaves) U.S. grain volumes have been a bright spot for the railroads, with higher volumes reflecting export demand. Indeed, grain carloads were up 23.2% year-to-date to 509,364 as of last Saturday, according to the Association of American Railroads (AAR). Since September, grain rail carloads have consistently been above the leve...

University of Illinois farmdoc daily (11):85 farmdoc daily (11):85, Department of Agricultural and Consumer Economics, University of Illinois at Urbana-Champaign, May 26, 2021. Permalink Soybeans prices are selling at highs in Brazil because of strong internal and external demand, rising prices on the Chicago Mercantile Exchange, and a weak Brazilian real couple with a strengthening U.S. dollar. Prices have risen at the same time that Brazil, the world’s largest soybean producer, has a...

Edible oil prices in India are expected to fall if China reduces imports of palm oil, as it has indicated. Prices of edible oils have gone up 40-50% in the past eight months, pinching the pockets of consumers amid the Covid-19-induced economic slowdown.

Edible oil prices in India expected to fall SECTIONS Share Synopsis Edible oil prices in India are expected to fall if China reduces imports of palm oil, as it has indicated. Prices of edible oils have gone up 40-50% in the past eight months, pinching the pockets of consumers amid the Covid-19-induced economic slowdown. Agencies Edible oil prices in India are expected to fall if China reduces imports of palm oil, as it has indicated. Prices of edible oils have gone up 40-50% in the past eight m...