usda

Old crop was busily traded last week and has now spent six weeks trading more or less sideways at the highs set in early March. The only danger now is in getting stuck at the end with a round peg when only square holes are available. Judging the gap between different markets has become quite...

Markets drifted towards the end of last week - as we said in last week’s update, the market has run out of momentum for now. Shelling of previously untouched Odessa on Sunday was consistent with Russia’s declared intention of moving focus to the south and east of Ukraine. However, as Russian...

Last week’s USDA report offered no new excitement for the bulls, and with Southern Hemisphere crops now arriving on the market, International tenders are more unpredictable. Hence, we saw renewed pressure late in the week in all markets. That said the new crop noticeably held its ground and made...

World wheat: Production down 4.13MT to 769.31MT – EU down 1.5MT to 139.5MT, Russia down 0.5MT. But 2019/20 global consumption down 0.9MT. Maize: Global production down 25.27MT to 1163MT – US production down to 381MT from 406MT. BUT US domestic consumption in 2020/21 down 4.45MT and 2019/20...

Grains continued lower in the wake of tumbling financial markets and a steep correction in oil prices as the COVID-19 continues to spread rapidly outside China. Despite the weaker pound and ongoing poor planting conditions in the UK, the 'old crop' May-20 LIFFE feed wheat contract settled at its...

Cereals Traders are taking positions ahead of tomorrows USDA report which could cause some fireworks having with the market having no information from the USDA since December due to the US government shutdown. Wheat markets were lower into the report as the hopes of a deal being reached...

Subscribe to future independent updates here Grain prices recovered today as the USDA revised lower its expectation for production of major exporters of wheat and corn. The forecast for Russia's - the world largest exporter - 2018/19 wheat production was lowered sharply to 68.5MT from 72MT...

More info here Cereals Corn tracked soybeans lower today also impacted by Chinese import duties. Spring plantings in the US are hampered so far by cold conditions with little sign of a break soon. The plains remain arid to the detriment of winter wheat. Conditions for winter wheat in the US...

Sign up now for our daily reports to get independent updates on the weather market and better understand the right time to sell. Find out about our next grain marketing course Cereals Traders focus on Argentine story in today's USDA report, as the US agency revised Argentine corn crop 8%...

USDA overview Cereals EU grain markets were rather quiet today as expected ahead of the monthly WASDE report. Trading volumes were also thin due to the Brussels Grain exchange. Both UK LIFFE feed wheat & Euronext milling wheat closed near equilibrium level although the latter dropped to a...

Subscribe to this report direct to your mailbox Cereals It was all about the USDA today as report failed to deliver any great surprises. US stocks of Corn and Soybeans were slightly below expectation and wheat slightly above (see chart of the day) Spring wheat production was the only real...

Subscribe to more like this report direct to your mailbox OR SHARE ON TWITTER Cereals The USDA surprised the market today releasing estimates well above those of most market participants. World wheat production was trimmed slightly to 737.8MT (-1.7), which is the same as the first estimate...

USDA WASDE in a nutshell US Soybean yield was estimated at 50.6bu/ac v 48.9 LM and hence prod. up to 114.33MlnT v 110.5 LM. US 2015/16 ending stocks fell to 5.32MlnT from 6.95 LM. The 2016/17 World production saw a 2MlnT decrease to Brazilian prod. US Corn yield was estimated at 174.4bu/ac v...

Cereals The World's grain markets, UK included, drifted lower as bumper world wheat supply weighed on prices. Euronext Milling Wheat is feeling the pressure as Northern France wheat cargos start to arrive. US Crop tour shows encouraging corn yield potential in Indiana, some crop damage in...

Cereals Once again the UK grain market rallied despite wheat yields currently coming in about average so far. The LIFFE Feed wheat futures hit some buy stops and traded to a July 2015 high, above the post plantings high of £134, then fell back to previously traded levels around £131.80. UK...

Cereals Markets were on hold and waiting for the USDA report. The corn acres were higher than expected at 94.148Mln acres and v trade estimate of 92.896. All wheat acres were 50.816Mln acres v 49.869 trade estimate. Corn stocks were higher than expected and wheat as expected. UK prices were...