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Soybean Stocks up Again

Feb 20, 2015

Despite smaller plantings, U.S. farmers will harvest the second-largest soybean crop and third-largest corn crops this fall, the Agriculture Department projected, with high demand whittling down the corn stockpile by 8 percent but soybean ...

Tags: Agriculture, Soybean

Projected 2013/14 World Wheat Production Is up 0.8 Million Tons to 712.7 Million

Mar 14, 2014

Projected 2013/14 world wheat production is up 0.8 million tons this month to 712.7 million, further raising the historical record. In Australia, 2013/14 production is up 0.5 million tons to 27.0 million this month. The harvest in Australia ...

Tags: Wheat, cereal, Agriculture

Global Wheat Production and Use Forecasts Are Increased Slightly

Mar 14, 2014

Global wheat production and use forecasts are increased slightly. World wheat trade is up 2.9 million tons this month, and 4.6 million tons ahead of the 2011/12 record. The European Union wheat exports continue to set records while even ...

Tags: wheat, Agriculture, Food, cereal

Three Nearby Futures Contracts Closed Higher for The Third Consecutive Week

Feb 26, 2014

All three nearby futures contracts closed higher for the third consecutive week. Strong export demand and concerns about cold, dry conditions in the U.S. Plains pushed futures to a two-month high on Wednesday. Profit taking efforts led to ...

Tags: Wheat Price, Food

Continued Pressure From Ample Global Wheat Supplies Pushed All Three Futures Markets Lower

Feb 14, 2014

Continued pressure from ample global wheat supplies pushed all three futures markets lower this week. Increased export demand and threats of winterkill lent some support midweek. CBOT March wheat dropped 10 cents to $5.56/bu. KCBT fell 12 ...

Tags: Wheat

Exports More Than Offset an Increase in Projected Imports

Feb 12, 2014

U.S. wheat ending stocks for 2013/14 are projected 50 million bushels lower as higher expected food use and exports more than offset an increase in projected imports. Imports are raised 10 million bushels as railroad backlogs and other ...

Tags: Wheat Stocks

Wheat Futures Closed Mixed on Friday, Marking Nearby Contract Closed Higher

Feb 7, 2014

Wheat futures closed mixed on Friday, marking the first time in seven weeks a nearby contract closed higher than the previous week. Stronger export demand for U.S. supplies combined with cold temperatures that threaten winter wheat ...

Tags: Wheat, Ample global supplies

Wheat Industry Welcomes Introduction of Legislation to Grant President of TPA

Feb 7, 2014

The U.S. wheat industry welcomes the introduction of legislation to grant the President of the United States trade promotion authority (TPA). “We are pleased to see bipartisan support for trade promotion authority and hope Congress ...

Tags: TPA, USW, NAWG, trade policy

Wheat Supplies Are Unchanged , But Wheat Exports Are Projected 25 Million Bushels Higher

Jan 13, 2014

WHEAT: U.S. wheat supplies for 2013/14 are unchanged this month, but lower expected use raises projected ending stocks 33 million bushels. Feed and residual use is lowered 60 million bushels reflecting disappearance for June-November as ...

Tags: Wheat Exports, Wheat, Bushels

A Wheat Farmer Will Be Joining Me on This Year's Usw Africa-Europe Board Team

Jan 13, 2014

A wheat farmer each from California, Maryland and Nebraska will be joining me on this year's USW Africa-Europe Board Team, kicking off Friday, Jan. 11 through Jan. 24. Our team will be traveling to Nigeria, Ghana, Italy and Spain. USW ...

Tags: Board Team, Africa Agriculture, Europe Agriculture

A New Study Is Released by The Canada-U.S.Task Group

Jan 13, 2014

A new study, released by the Canada-U.S. Task Group, a group of Canadian and U.S. non-profit and trade organizations, documents the commercial flow of grain from the United States to Canada. The study addresses U.S. and Canadian trade ...

Tags: Grain, Cross-Border Trade, Canadian and U.S.Grain

Chicago Corn and Soybeans Prices Rose Monday

Jan 8, 2014

Chicago corn and soybeans prices rose Monday, while wheat price kept unchanged from the previous trading day. The most active corn contract for March delivery rose 4.25 cents, or 1 percent, to close at 4.2775 dollars per bushel. March ...

Tags: corn, soybeans

All Three Wheat Futures Closed Lower Than The Last Report on December 20

Jan 6, 2014

All three wheat futures closed lower than the last report on December 20. Abundant world supplies and weakness in the corn market pushed futures to their lowest point since May 2012 on Thursday. Bargain buying on Friday helped notch the ...

Tags: Wheat, Agriculture, Food

Dan O'Brien Has Been Crunching Numbers to See What They Portend for Grain Prices in 2014

Jan 3, 2014

The USDA released its monthly Crop Production and WASDE reports earlier this month and Kansas State University Extension Agricultural Economist Dan O’Brien has been crunching the numbers to see what they portend for grain prices in ...

Tags: Grain Prices, Record Levels

On Friday, The CME Group's Corn, Soybean and Wheat Markets Are Expected to Start Higher

Jan 3, 2014

On Friday, the CME Group's corn, soybean and wheat markets are expected to start higher. The early calls for the commodities on Friday, January 3, 2013, are higher. Corn is seen opening 1-2 cents higher, soybeans 2-4 cents higher, and ...

Tags: Corn, Soybeans, Agriculture, Food

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