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More acres will not grow carryover - Vimarsana News

More acres will not grow carryover

USDA announced at their annual outlook forum that their 2021/22 estimates for total acreage of corn, wheat and soybeans rose to 227.0 million acres from last year’s 218.3 million. That compares to an average trade guess of 228.0 million acres. I do not think that these estimates were any surprise to the trade. As prices have risen along with tightening U.S. balance sheets, all major crops are profitable giving farmers more than one profitable crop option for the first time in several years.  Prevent plant acres? What farmers intend to plant and what they actually get planted has been imp...

Corn Climbs Higher - AG INFORMATION NETWORK OF THE WEST - Vimarsana News

Corn Climbs Higher - AG INFORMATION NETWORK OF THE WEST

Corn continues to climb higher, starting the week with an 8-cent rally with the help of a weaker dollar

Source: aginfo.net
Soybeans Struggle - AG INFORMATION NETWORK OF THE WEST - Vimarsana News

Soybeans Struggle - AG INFORMATION NETWORK OF THE WEST

Soybeans Struggle Shellady “ .” Chicago Soft Red Winter Wheat prices for May closed the day up 17 ¼, to finish at 665 ¼. March Corn was dn 2 ¾ to close at 550 ¼. Kansas City Hard Red Winter Wheat prices for May were up 12 ¾, to settle at 643. Portland prices for Ordinary Club Wheat were Unch, ranging from 7-40 to 7-70. Soft white wheat of Ordinary Protein for April was Unch, ranging from 7-20 to 7-45. Hard Red Winter Wheat with 11 ½ percent Protein, for April were up 12 ¾, ranging from 7-68 to 7-83. DNS wheat with 14 % protein, prices for April were up 8 ¾, ranging from 7-52 ¾ to...

Source: aginfo.net
Grains Shift Higher - AG INFORMATION NETWORK OF THE WEST - Vimarsana News

Grains Shift Higher - AG INFORMATION NETWORK OF THE WEST

Grains Shift Higher Shellady “ .” Chicago Soft Red Winter Wheat prices for May closed the day up 20 ¼, to finish at 661 ½. March Corn was up 13 ½ to close at 552 ¼. Kansas City Hard Red Winter Wheat prices for May were up 20 ¾, to settle at 643 ¼. Portland prices for Ordinary Club Wheat were Unch, ranging from 7-40 to 7-55. Soft white wheat of Ordinary Protein for April was Unch, ranging from 7-20 to 7-45. Hard Red Winter Wheat with 11 ½ percent Protein, for April were up 20 ¾, ranging from 7-68 ¼ to 7-88 ¼. DNS wheat with 14 % protein, prices for April were up 15 ¼, ranging fr...

Source: aginfo.net
Market Recap - AG INFORMATION NETWORK OF THE WEST - Vimarsana News

Market Recap - AG INFORMATION NETWORK OF THE WEST

Market Recap McGathey “ .” Chicago Soft Red Winter Wheat prices for March closed the day up 3 ¼, to finish at 633 ½. March Corn was dn 2 ¼ to close at 538 ¾. Kansas City Hard Red Winter Wheat prices for March. were up 5 ¾, to settle at 616 ¾. Portland prices for Ordinary Club Wheat were up 10-Unch, ranging from 7-40 to 7-55. Soft white wheat of Ordinary Protein for April was up 10-Unch, ranging from 7-10 to 7-45. Hard Red Winter Wheat with 11 ½ percent Protein, for April were up 5 ½, ranging from 7-47 ½ to 7-67 ½. DNS wheat with 14 % protein, prices for April were dn 1, ranging ...

Source: aginfo.net