The 2013/14 crop saw a few changes from last month’s report should be considered slightly bearish even as the market moved higher. Planted acres were revised up 0.6 million acres from last month to reflect the June Acreage report. Harvested acres were revised up by 0.7 million acres while yield estimates remained the same. Soybean production was estimated . . . → Read More: July Supply and Demand Report Recap
by: Brian Williams and John Michael Riley
Estimated U.S. production and acreage for corn, soybeans, and wheat in the December USDA report remain unchanged over the November estimates. U.S. soybean yields for 2012 are estimated at 39.3 bushels/acre, down from 2011 but unchanged from last month. U.S. soybean production is estimated at 2.97 billion bushels this year. Global . . . → Read More: December Supply and Demand Report Recap
Looking for more hands on training with price risk management tools?
I’m looking for up to 8 producers (focus on those with some/all cotton production) to participate in a free futures trading educational experience. I will work closely with these folks over the winter months discussing hedging, options, and other aspects of price risk management. The experience can . . . → Read More: Free Futures and Options Training Series
I quickly want to introduce Dr. Brian Williams. Brian recently joined the Mississippi State Extension Service as a commodity marketing specialist. He will be taking over the corn, soybean and wheat duties and contributed to this post. Brian can be reached at firstname.lastname@example.org or (662) 325-2676.
A discussion of this report is below in podcast form and . . . → Read More: September 2012 Supply and Demand Report Recap
[note: I have a prior obligation today. Here is a quick synopsis of the reports with more to come in later today or over the weekend]
This morning USDA’s World Agricultural Outlook Board released their August estimates of U.S. and global supply and demand (S&D) for major ag commodities. This month’s report is the first to incorporate . . . → Read More: August USDA Report Recaps
The World Agricultural Outlook Board of USDA released their monthly World Agricultural Supply and Demand Estimates report (WASDE) this morning, July 11. The report revealed what most had feared, a much lower per acre yield than trend would suggest. The report currently pegs U.S. corn yield at 146 bushels per acre, down 20 bushels or 12.1% . . . → Read More: July Supply and Demand Report Shocker
(Correction to Mississippi cotton acreage change from March has been made)
The much anticipated, and likely to be much debated, 2012 Acreage report from USDA was released this morning (June 29). Nationally, the report bumped up the number of acres for corn and soybeans from it’s earlier Prospective Plantings report. Cotton acres were reported lower than in . . . → Read More: 2012 USDA Acreage Report
The United States Department of Agriculture’s World Ag Outlook Board released their monthly supply and demand estimates report earlier this morning. The report was the second round of forecast for the current summer (new) crops, which is the 2012/13 marketing year.
Old crop (2011/12 marketing year) soybean demand estimates were really shaken up. Crushing demand was increased . . . → Read More: June Supply and Demand Report Recap
USDA released their monthly World Agricultural Supply and Demand Estimates report (WASDE) early this morning (May 10). The report is the first to highlight the new -2012- crop. The report revealed more corn and cotton available than analysts expected, while soybeans and wheat came in tighter than expected. No publicly available pre-report expectations were made with respect to rice, but estimates were slightly lower than the April report. Markets reacted accordingly as corn and cotton were down, while rice, soybeans, and wheat moved higher. Continue reading World Ag Supply and Demand Report Recap
USDA released their April World Agricultural Supply and Demand Estimates (WASDE) report this morning and inside was one unforeseen surprise. Corn carry-over (the amount we keep in bins and elevators from one year to the next) was unchanged from the March estimate (801 million bushels) but above pre-report expectations (717 million bushels). The Grain Stocks report released on March 30 revealed . . . → Read More: April Supply and Demand Report Recap