Category: Corn (page 1 of 77)

USDA Quarterly Stocks & Small Grains Report

U.S. Sept. 1, 2016/17 Grain Stocks

 

Sept.Est.

Avg. Trade Guess

Trade Range

USDA June 2017

USDA Sep. 2016

Corn

2.295

2.353

2.310 – 2.450

5.225

1.737

Soybeans

0.301

0.338

0.321 – 0.363

0.963

0.197

Wheat

2.253

2.205

2.083 – 2.495

1.184

2.545

U.S. Wheat Production

 

Sept. Est.

Avg. Trade Guess

Trade Range

USDA August

All Wheat

1.741

1.718

1.660 – 1.761

1.739

All Winter

1.269

1.286

1.267 – 1.319

1.287

Hard-Red Winter

0.750

0.758

0.749 – 0.765

0.758

Soft-Red Winter

0.292

0.305

0.286 – 0.316

0.306

White Winter

0.227

0.224

0.216 – 0.255

0.223

Other Spring

0.416

0.382

0.338 – 0.421

0.402

Durum

0.055

0.050

0.039 – 0.055

0.051

September 12, 2017 USDA WASDE Report

U.S. Production 2017/18

 

Sep. Est.

Avg. Trade Est.

Trade Range

USDA Aug.

Corn Production

14.184

14.003

13.754 – 14.295

14.153

Corn Yield

169.9

167.9

165.5 – 171.2

169.5

Soybean Production

4.431

4.322

4.179 – 4.435

4.381

Soybean Yield

49.9

48.7

47.1 – 50.0

49.4

U.S Grain Stocks 2016/17

 

Sep. Est.

Avg. Trade Est.

Trade Range

USDA Aug.

Corn

2.350

2.352

2.270 – 2.415

2.370

Soybeans

0.345

0.361

0.310 – 0.390

0.370

U.S Grain Stocks 2017/18

 

Sep. Est.

Avg. Trade Est.

Trade Range

USDA Aug

Corn

2.335

2.125

1.898 – 2.447

2.273

Soybeans

0.475

0.439

0.325 – 0.540

0.475

Wheat

0.933

0.914

0.866 – 0.943

0.933

World Stocks 2016/17

 

Sep. Est.

Avg. Trade Est.

Trade Range

USDA Aug

Corn

227.0

227.9

225.1 – 229.1

228.6

Sobyeans

96.0

96.7

95.5 – 97.3

97.0

World Stocks 2017/18

Sep. Est.

Avg. Trade Est.

Trade Range

USDA Aug

Corn

202.5

197.8

189.4 – 203.0

200.9

Sobyeans

97.5

97.2

95.0 – 100.0

97.8

Wheat

263.1

264.3

258.0 – 268.0

264.7

Could South American Production Be Even Larger Next Year?

Below is the USDA data regarding South American corn and soybean production. There’s already starting to be more talk inside the trade that next years estimates are too conservative. Thoughts from those with boots on the ground in various parts of South America, barring any unforeseen weather complications, acres are going to be higher next year than many have been penciling into their forecast. There was talk a while back that second crop corn in Brazil was not going to be as heavily planted in 2018, but I’m starting hear extremely differing opinions. I suspect at some point the headlines will again start talking about yet another record South American crop.

 

How Do 2017 State Corn & Soybean Yields Compare To Record Years?

Canada Topples Brazil, Claims Top U.S. Ethanol Export Destination

U.S. ethanol exports totaled 92.7 million gallons (mg) in June, down -22% from May shipments, according to government data recently released and analyzed by the Renewable Fuels Association (RFA). Canada and Brazil were again the top destinations for U.S. exports, combining to receive nearly half of total exports in June, although volumes to both destinations fell sharply from May. Canada took in 24.8 mg in June (down 21% from May), while Brazil imported 20.9 mg (down 68%). Meanwhile, India jumped back into the market for the first time since March, importing 13.6 mg. U.S. ethanol exports to all destinations for the first half of the year stood at 686.8 mg, indicating a record annualized export total of 1.37 billion gallons. Exports to Brazil hit their lowest point in nine months, equivalent to just 40% of the year-to-date average of 51.0 mg. Still, shipments to Brazil for the first half of the year (276.1 mg) are roughly on par with volumes shipped in the entirety of 2016 (279.1 mg).

Older posts

© 2017

Theme by Anders NorenUp ↑

Password Reset
Please enter your e-mail address. You will receive a new password via e-mail.