Page 97 - Demand Estimates News Today

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 on Wednesday. The U.S. Agriculture Department projected that U.S. corn stocks would stand at 1.507 billion bushels by Sept. 1, 2022, up from 1.257 billion bushels expected on ...

Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The countrys soybean imports forecast for 2020-21 marketing year (October-September) has been revised up 2 million mt on April estimate to an all-time high 100.4 million mt, the Chinese Supply and Demand Estimates report said May 12. While 2021-22 demand is projected at an unprecedented 102 million mt, the report said. Since China accounts for over 60% of global soybean trade, any ...

(NAFB) – USDA released its May World Ag Supply and Demand Estimates, predicting lower old crop corn ending stocks and that the tight soybean supplies will continue into the new 2021-2022 marketing year. Mike Zuzolo, President of Global Commodity Analytics in Atchison, Kansas, says it looks like USDA is predicting a rebound in domestic and international soybean stocks in the new marketing year.

Corn, soybeans and wheat all faced significant cuts Thursday Technical selling and profit-taking plagued grain prices Thursday after traders had more time to digest some bearish data from USDA’s World Agricultural Supply and Demand Estimates (WASDE) report, out yesterday. Planting pressure is also creating short-term headwinds, as is a strengthening U.S. Dollar. Corn prices were hit the hardest, with July futures finishing the session limit down. July soybean futures dropped 3.5%, and some wh...

Corn and wheat prices fell after today’s report, while soybeans held firm – but why? Suggested Event Jun 15, 2021 to Jun 17, 2021 USDA’s monthly World Agricultural Supply and Demand Estimates (WASDE) report typically makes some impact on the grain markets on the day it is released – and the latest report was no exception. Corn and wheat prices slumped lower today, while soybeans climbed another 1.75% higher. What were some of the underlying supply and demand data points that cre...

Benchmark U.S. soybean futures jumped above $16 a bushel on Tuesday for the first time since 2012 as traders focused on tightening feed grain supplies and dry weather in Brazils corn belt, traders...

5/11/2021 * Soybeans at 9-year top in positioning ahead of key U.S. report * Wheat up 1%, gains for 2nd session; corn trades near highest since 2013 (Recasts, adds quote in paragraphs 3-4, fund positioning) By Naveen Thukral SINGAPORE, May 12 (Reuters) - Chicago soybeans climbed more than 1% on Wednesday to their highest in nearly nine years, as shrinking global feed grain supplies and positioning ahead of a key U.S. supply-demand report due later in the day underpinned prices. Wheat and corn f...

5/11/2021 CANBERRA, May 12 (Reuters) - U.S. soybean futures rose about 1% on Wednesday to hit their highest level in nearly nine years as concerns over tight global supplies underpinned the market. FUNDAMENTALS * The most-active soybean futures on the Chicago Board Of Trade were up 0.9% to $16.29 a bushel by 0149 GMT, near the session high of $16.29-1/4 a bushel - the highest since September 2012. Soybeans closed up 1.7% on Tuesday. * The most-active corn futures were up 0.8% to $7.27-3/4 a bus...

The benchmark palm oil contract on the Bursa Malaysia closed at a record high of MR 4,524/mt at the mid day close May 12.

Chicago soybeans climbed more than 1% on Wednesday to their highest in nearly nine years, as shrinking global feed grain supplies and positioning ahead of a key U.S. supply-demand report due later in the day underpinned prices. Wheat and corn futures rose around 1%, with both markets gaining for a second straight session. “The bullish ...