6/30 Van Trump Report USDA Grain Stocks & Acreage Worksheet

We've released a worksheet for you to use for the USDA Quarterly Stocks and Acreage Reports that will be released on June 30th, 2015 at 11 AM CST.

Our worksheet puts all the previous data and current industry estimates on a single printable sheet for you.​

Bad Roads Cost Big Money

Here’s a graphic showing how much bad road conditions cost individuals in each state annually in additional vehicle maintenance costs. The average cost across all 50 states plus the District of Columbia works out to $515 per year. People in most states are paying around $400 or $500. Drivers in 6 states can expect to pay well over $600 a year. The highest costs are in Washington DC, where drivers spend an average $1,042 for vehicle maintenance due to bad roads. In fact, our nation’s capital has the worst road conditions in the country, with 92% rated in “poor” condition and 0% rated as “good”. The next worst roads in the country are found in California, with 51% rated as poor. (Source: The Washington Post)

This article is only an excerpt of the 6/30/15 Van Trump Report. Sign up for a free trial by clicking here.

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Winter Wheat Harvest Still Lagging

Wheat traders see U.S. SRW conditions continuing to slip, while there was a slight uptick in HRW and Spring wheat conditions. The pace of the winter wheat harvest is improving at 38% complete but still lags the more traditional pace of 46% harvested by this time. States like CO, IL, IN, KS, MO, NE and OH are still the ones most seriously lagging.

This article is only an excerpt of the 6/30/15 Van Trump Report. Sign up for a free trial by clicking here.

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Soybean Conditions Substantially Below Last Year

Soybean traders continue to look at the state of Missouri, where planting was reported at just 62% complete vs. the more traditional pace of 94% complete by this date. Overall weekly crop conditions in the U.S. were downgraded to just 63% rated “Good-To-Excellent” vs. 72% of the crop rated in those conditions last year. It is now estimated that 9% of the U.S. crop in “Poor-to-Very Poor” condition vs. just 5% of the crop last year.

This article is only an excerpt of the 6/30/15 Van Trump Report. Sign up for a free trial by clicking here.

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Be Prepared For Today’s “Leap” Second

Today, June 30, just before 7 pm CST, an extra second will be added to the world’s clocks. We humans will not notice the change, but the addition could wreak havoc with some computer systems, in turn making a mess of futures and equity markets. The last time a leap second was added was back in 2012 and several major web outfits experienced glitches, bringing their systems down for several hours. But that was a Saturday – a leap second has never been added on a weekday since the advent of electronic trading.worldclock At the time of the change, U.S. overnight markets will be opening up, while markets in Australia, Singapore, South Korea and Japan will be opening for their regular day sessions. EU markets will not be open at all. Every market is  dealing with the additional blip of time in different ways. Here’s a rundown of the temporary changes you can expect today: Large U.S. stock exchanges including New York Stock Exchange’s NYSE Arca, Nasdaq OMX Group Inc.’s Nasdaq and BATS Global Markets will close their after-hours sessions 30 minutes before their regular 7 pm CST close. CME Group is delaying the CME Globex market open for overnight trading. Pre-open for all markets will begin at 7:30 pm CST, and regular market open will occur at 7:45 pm CST. Australia, Singapore, South Korea and Japan will smear the second by adding a fraction of a second in the hours before or after the event. If you want more in-depth information about the leap second, an article we wrote about it last month is available HERE.

This article is only an excerpt of the 6/30/15 Van Trump Report. Sign up for a free trial by clicking here.

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