USDA Supply & Demand Report – June 12, 2018

In this month’s report, USDA increased the 2017-18 U.S. soybean crush estimate by 25 million bushels, to a record 2.015 billion bushels, and lowered U.S. soybean ending stocks by 25 million bushels to 505 million bushels. USDA made a marginal change to the U.S. wheat ending stock estimate. 2017-18 wheat ending stocks went up by […]

USDA Supply & Demand Report – May 10, 2018

USDA released their first estimates for the 2018-19 U.S. crop. USDA estimated 2018-19 corn production will be 14.04 billion bushels, down 600 million bushels from 2017-18 on lower planted acres and lower yield estimates. 2018-19 soybean production is estimated at 4.28 billion bushels, down 112 million bushels from 2017-18. Wheat production in the U.S. is […]

Statistics Canada Principal Field Crop Areas

Statistics Canada is estimating a 7% decrease in the area seeded to canola this spring. At 21.4 million acres, this is 1.6 million acres less than the record 23.0 million acres seeded last year. This surprised the trade, as they were looking for the area to increase to 24.0 million acres. The area seeded to […]

USDA Supply & Demand Report – April 10, 2018

On the global scene, 2017-18 wheat production is estimated to increase by 1 million tonnes to a record 759.8 million tonnes. World wheat ending stocks are up 2.33 million tonnes to a record 271.22 million tonnes. Projected 2017-18 U.S. wheat ending stocks are raised this month by 30 million bushels to 1.064 billion bushels, due […]

USDA Prospective Plantings & Quarterly Grain Stocks Report

U.S. farmers intend to plant less corn and soybeans and more wheat in 2018-19. The area seeded to corn in 2018-19 is estimated to be 88.0 million acres, down 2.2 million acres from last year. 2018-19 U.S. soybean acreage at 89.0 million acres is down 1.1 million acres from last year. 2018-19 U.S. wheat acreage […]