Agri Blog

Corn:- Corn production forecast: 1.846 billion bushels (up 34 million from September) Wheat:- Wheat production forecast: 1.959 billion bushels (lowest estimate)- Winter wheat production forecast: 1.360 million bushels- Spring wheat production forecast: 535 million...

Grains:- Brazil's 2024/25 soybean production is estimated at 166 million metric tons, up 13% from the previous year but below the USDA estimate of 169 million metric tons- Brazil's 2024/25 soybean exports are estimated at 105 million metric tons, consistent with the...

Corn:- Corn crop conditions improved by 1% to 65% good/excellent Wheat:- Spring wheat harvest 92% complete- Winter wheat plantings at 14% above last year and 5-year average Soybeans:- Soybean crop conditions at 64% good/excellent, down 1%- NOPA soybean crush at 158...

Cattle:- Cattle slaughter Week to Date estimate at 620,000hd, down from 631,200 (actual) from the same period last year - Choice boxed beef price at $304.91 per cwt- Select boxed beef price at $294.17 per cwt- Cash cattle prices up $2 to $292.91 per cwt dressed in the...

Grains:- Corn yield slightly better than August- Corn supply and demand at 2,057 million bushels- Average corn yield guess was 207 bushels per acre- Soybean yield unchanged- Soybean supply and demand at 515 million bushels- Average soybean yield guess was 565 million...

The Chicago Mercantile Exchange Inc. (CME) has announced amendments to the daily price limits for Live Cattle and Feeder Cattle Futures contracts. These changes, pending approval from the Commodity Futures Trading Commission (CFTC), are set to take effect on October...

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...

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 USDA's 828...

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...

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...