Monday’s crop progress had corn planting at 91% complete, just 4% behind the 5-year average. Soybeans are still behind schedule with planting progress currently at 57% for the U.S. crop and 74% for the Mississippi crop. That compares to 5
by Brian Williams Traders have been watching planting progress closely this week. Nearby July wheat futures closed down 4 cents Friday to close the week at $6.83/bu. Wheat harvest will likely be behind schedule this year with only 29% of
Soybeans U.S. ending stocks for soybeans remained unchanged in the April World Agricultural Supply and Demand Estimates (WASDE) report at 125 million bushels. Analysts were expecting the ending stocks number to be 137 million bushels, with a range from 107 to 160
USDA released their annual Prospective Plantings report and quarterly Grain Stocks reports today (Mar 28). The acreage report was largely in-line with pre-report expectations, but the stocks report had quite a shock for corn supplies and a slight surprise for
— The following is from Dr. Brian Williams — Nearby May wheat futures closed up a penny Friday to close the week at $7.29/bu. May corn finished down 6 cents at 7.26, but corn did finished up on the week.
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
The 2012 Row Crop Short Course will be held from December 3-5, 2012 at the Bost Extension Center on the campus of Mississippi State University. Pre-registration is free of charge until November 30 and will be $40 thereafter including at
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
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
[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
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
Rice Acreage Report
USDA released their final planting intensions report today. Mississippi is still reported as having 135,000 acres of long grain rice. Estimated long grain acres in other states are estimated as follows: Arkansas 1,140,000 acres, California 5,000 acres, Louisiana 355,000 acres, Missouri 195,000 acres, and Texas 110,000. The total long grain rice acres in 2012 are estimated at 1,940,000 acres. That is an increase of 146,000 acres or 8% from 2011. Also, this acreage report was 4% higher than the March planting intentions report. This latest acreage report coupled with sluggish export sales has bearish implications on the rice market.
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
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
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
USDA released their annual Prospective Plantings report Friday morning (Mar 30). The report reveled that corn is the big gainer in terms of acres planted this year versus last year. Corn acres across the U.S. are expected to jump by
USDA released their monthly World Agricultural Supply and Demand Estimates report on Friday (Mar 9). With respect to crops, the report continues to project production and use for the 2011/12 marketing year which encompasses the 2011 crop. Therefore, the United State’s production
USDA released their monthly World Agricultural Supply and Demand Estimates report early Thursday morning (Feb 9, 2012). The report states that current marketing year (2011/12) corn, soybean and wheat ending stocks are projected at 801, 275 and 845 million bushels,
The 2011 Mississippi State University Row Crop Short Course was held from December 5 – 7, 2011. Topics covered during the Row Crop Short Course included insect and weed management, fertility management, agronomic aspects of crop production, and a farm
USDA released it’s monthly projections for U.S. and global agricultural supply and use this morning. According to the market reaction the report was most shocking for soybeans. Both crushings and export use are forecast at 1.625 and 1.3 billion bushels
On behalf of the Mississippi State University Extension Service we would like to cordially invite you to attend the 2011 Row Crop Short Course to be held at the Bost Extension Center on the campus of Mississippi State University from
This week’s release of the October supply demand report opened the door for a major decline in cotton prices. The market’s initial move, some 300 points lower, was followed by a day of higher trading; at times regaining as much
USDA released their monthly Crop Production and World Agricultural Supply and Demand Estimates report yesterday morning (Wednesday, Oct. 12). The report was not a big surprise to any crop, but could be viewed as slightly bearish for corn, cotton, and
Cotton prices eased above the dollar sign on the week supported by strong export sales and increased concern regarding the Pakistani crop. However, the increasing value of the U.S. dollar caught the bull on Friday and pushed the market off
The dog days of August are much better with Dollar Cotton again, that is, except for the mills. Then, for most Southwest growers it is not that exciting as most do not have any. As much as the very significant
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