Page 96 - Demand Estimates News Today

PhilAugustavo/Getty images PILE OF GOLD: According to the latest USDA World Agricultural Supply and Demand Estimates report, U.S. sorghum growers may be sitting on a $2.6 billion crop this fall. That would make it the most valuable sorghum crop in history. Sorghum Focus: According to the latest WASDE reports, U.S. farmers may be sitting on a $2.6 billion crop this fall. Suggested Event Jun 15, 2021 to Jun 17, 2021 I never cease to be amazed at how quickly fortunes ca...

The May World Agricultural Supply and Demand Estimates gives the first look at the newest marketing-year demand expectations since the U.S. Department of Agriculture’s Agricultural Outlook Forum in February. The report is the highlight of spring USDA reports because it incorporates farmer-planting decisions from the March Prospective Planting report, and adapts supply estimates to reflect weekly planting-progress reports. The big story before the report is increasing prices due to increase...

South America soybean oil at historical highs, supported by CBOT, Asia demand Soybean oil FOB outright prices in South America have been at historical highs, more than doubling over year-ago levels, with the market supported by rising futures at the Chicago Board of Trade and, recently, signs of fresh Asian demand. Argentina’s FOB Up River soybean oil for June loading was assessed $1,364.22/mt May 13, up 140.7% on an annual comparison, according to S&P Global Platts. Brazil’s FOB Paranagua ...

2021-05-15 22:36:11 GMT2021-05-16 06:36:11(Beijing Time) Xinhua English CHICAGO, May 15 (Xinhua) -- Chicago Board of Trade (CBOT) agricultural futures were in correction on profit taking in the past week following U.S. Department of Agricultures (USDA) May World Agricultural Supply and Demand Estimates (WASDE) report. But Chicago-based research company AgResource stays bullish of agricultural futures into August with lows in CBOT grain markets forecast in the week ahead. CBOT corn future...

Strong domestic demand will keep U.S. stockpiles of corn and soybeans near seven-year lows even after farmers harvest the crops they are currently seeding, the government said. The stocks estimates were in line with market expectations but the report showed that the recent gains in ag commodities, highlighted by soybean futures’ rally to a nearly ...

Wheat production in Australia and Russia — leading producers and exporters globally — is likely to fall in the 2021-22 marketing year, according to the US Department of Agriculture. Australia is expected to produce 27 million mt of wheat in 2021-22 (October-September), lower than the 33 million mt of estimated production for 2020-21, the USDA ...

Suggested Event Jun 15, 2021 to Jun 17, 2021 The Mississippi River is open again. Early Friday, May 14, the U.S. Coast Guard lifted restrictions on maritime traffic on the Lower Mississippi. The move reopened the waterway to all vessel traffic following a three-day closure. “Based on information provided to us by the Tennessee Department of Transportation, the Coast Guard has determined that transit under the I-40 bridge is safe for maritime traffic,” said Coast Guard Captain Ryan Rhodes...

Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Argentinas FOB Up River soybean oil for June loading was assessed $1,364.22/mt May 13, up 140.7% on an annual comparison, according to S&P Global Platts. Brazils FOB Paranagua for June loading had a similar increase in the period, reaching $1,366.43/mt May 13, or 138.3% higher compared with a year earlier. That follows an increase in CBOTs soybean oil futures, with the most-active ...

Grain market week in review: Soybeans end week with choppy session and wheat ends in the green. Suggested Event Jun 15, 2021 to Jun 17, 2021 Missed some market news this week? Heres what Ben Potter, Jacquie Holland and our Ag Marketing IQ bloggers have been writing about. Ag Marketing IQ The recent rally in the market on both old crop and new, has given producers the opportunity to make profitable sales. Producers I work with use put options to provide a floor while remaining bullish to...

New Delhi — China is expected to lower its palm oil purchases in the 2021-22 marketing year, spanning October 2021-September 2022, as it looks to ramp up domestic edible oil production -- a move that can help reduce reliance on vegetable oil imports. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Chinas Agriculture Outlook Committee, or CAOC, lowered its forecast for 2021-22 palm oil imports to 4.2 million mt from th...