Outlook

WASDE: Corn yields lowest since 2003

According to the USDA's latest World Agricultural Supply and Demand Estimate report, U.S. feed grain supplies for 2011/2012 are projected lower with reduced corn and oats production more than offsetting small increases for sorghum and barley. FULL STORY »

USDA: Corn export sales take a dip

The USDA released the latest U.S. Export Sales report on August 4. The report showed corn net sales of 778,500 MT, which is a 23 percent drop from last week’s report and a 19 percent below the four-week average. FULL STORY »

Crop markets called lower on Thursday

Corn futures are called 9 to 12 cents lower. Overnight trade at 6:45 am CT was 8 3/4 to 12 1/2 cents lower. Further losses are expected in the corn market this morning. FULL STORY »

Corn conditions improve slightly

The USDA’s latest Crop Progress report released June 13 showed 69 percent of corn in the top 18 producing states rated in “good” to “excellent” condition, compared to 67 percent last week. FULL STORY »

Domestic wheat situation and outlook: 2011 crop conditions vary widely across the country

USDA’s National Agricultural Statistical Service’s (NASS) June 6 Crop Progress reported that 34 percent of the winter wheat crop is rated good to excellent and 44 percent was rated poor to very poor. FULL STORY »

USDA wheat baseline, 2011-2020

Each year, USDA updates its 10-year projections of supply and utilization for major field crops grown in the United States, including wheat. FULL STORY »

World wheat trade in 2010/2011 revised sightly, U.S exports up

World wheat trade in 2010/11 is estimated to reach 128.0 million tons, up1.8 million this month. As the end of the July-June marketing year approaches, the pace of sales and shipments indicated several adjustments. FULL STORY »

World wheat export changes for 2011/2012 are offsetting

World wheat trade projected for 2011/12 (July-June) is up fractionally this month, by 250,000 tons. A 0.5-million-ton increase in projected imports for EU-27 more than offsets a 0.2-million ton reduction for Bangladesh, while even smaller changes for imports by Jamaica and New Zealand are offsetting. However, there are important shifts in expected market shares among wheat exporters. FULL STORY »

U.S. 2011/2012 wheat supplies and ending stocks down

U.S. wheat supplies for 2011/12 are lowered this month as reduced carryin more than offsets an increase in expected production. FULL STORY »

Domestic wheat situation and outlook: 2011 crop conditions vary widely across the country

The National Agricultural Statistical Service’s (NASS) May 9 Crop Progress reported that 33 percent of the winter wheat crop is rated good to excellent and 42 percent was rated poor to very poor. A year ago at this time, 66 percent of the winter wheat crop was rated good to excellent and only 8 percent was rated poor to very poor. FULL STORY »

Domestic wheat situation and outlook: Winter wheat production estimates by class

HRW production is forecast to be down 256 million bushels (25 percent) from a year ago to 762 million bushels this year. The higher planted area for the 2011 crop has been more than offset by the higher abandonment rates and lower yields due to the severe drought on the central and southern plains. FULL STORY »

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