Ag Update 9/6/2024

Grains:- Cotton export sales:- 207,500 bales for current marketing year- 8,400 bales for 2024-2025- Cumulative sales: 4.648 million bales, down from 5.312 million bales last year and below 5-year average of 6.91 million bales- Sales at 33% of USDA forecasts vs 5-year...

Ag Update: 8/19/2024

Grains:- Corn carryout for 2024/25 estimated close to 2.3 billion bushels- Soybean carryout for 2024/25 estimated around 530 million bushels, compared to USDA’s 560 million- Wheat carryout for 2024/25 estimated around 800 million bushels, compared to...

Ag Update 8.14.2024

Grains:- Soybeans lost approx 80 cents over 6 consecutive trading days- Speculative traders are said to have sold 10,000 corn, 11,500 soybeans, 5,000 soy products, and 3,000 wheat- Speculative short position in soybeans expected to be over 200,000 contracts- Soybean...

Ag Update 8/8/2024

Grains:- Corn production expected to be 15.124 billion bushels, up from the June estimates of 15.10bbu- Change this line to read: – Soybean production is expected to be 4.472 billion bushels, up from the June estimates of 4.435bbu- Soybean yield forecast at 53.9...