Monday Grain Update 9/13/10
December corn traded to 486.5 on Monday. Meanwhile, an even more bullish pattern could be unfolding with a major top will likely be closer to the second week of October.
Soybeans
Friday Grain Wrap-Up 9/10/10
Overview: There were no startling surprises in the crop production report today other than the soybean yield was higher than expected at 44.7 bpa. Meanwhile, traders expect the USDA to lower corn yields from 162.5 bpa in subsequent reports. Right now, the driving force in the grains is the funds, which are holding enormous long[…]
Latest Supply and Demand report from USDA (9/10/10): Friendly for Corn, Slightly Negative for Wheat.
Corn: Endings stocks fell to 1.116 BB compared to 1.312 BB last month. Stocks-to-usage are in the lower third of the twenty-year range. World ending stocks are down in the lower third of the twenty-year range. The report is within expectations with nothing present to derail the rally in corn. Soybeans: Soybean yields for[…]
Crop Production Forecast for 9/10/09
Here are the latest stats and figures on the major grain crops from the USDA. The highlights are: corn is down two percent and soybeans are up one. Corn production is forecast at a record 13.2 billion bushels, down 2 percent from the August forecast, but up from the previous record of 13.1 billion bushels[…]
On the Money Grain Commentary for 9/9/10
Corn futures are leading the charge in grains. Be advised that once prices peak, a sharp sell-off is to be expected.
Welcome to Ag Watch!
Good Morning. Welcome to the blog of Ag Watch Market Advisors. It is our goal at Ag Watch Market Advisors to provide farmers with information they can use to increase their bottom line. It is not enough to just provide content; that is the purpose of news. It is not enough to just provide analysis;[…]