World Perspectives
feed-grains soy-oilseeds wheat

A Long Time Until 12 September

The next major USDA reports are scheduled to be released on Wednesday, 12 September. These will include new crop production estimates and the revised monthly supply and demand estimates (WASDE). The question for the markets will be this: What do we trade on between now and 12 September? Here are some things to consider about this potential dead zone for the markets:

Corn Belt weather has become a non-event. Rains will not help corn or soybean yields. What's there is there. Virtually every analytical group already has released its yield and production estimates, including the Pro Farm tour, Informa, etc. It is doubtful we will see any revisions from the private side until after the USDA numbers are released. We all know the U.S. corn...

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Jul 26 Corn closed at $4.635/bushel, down $0.0025 from yesterday's close.  Jul 26 Wheat closed at $6.1675/bushel, down $0.035 from yesterday's close.  Jul 26 Soybeans closed at $11.785/bushel, up $0.0375 from yesterday's close.  Jul 26 Soymeal closed at $319.1/short ton, up $2.6...

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feed-grains soy-oilseeds wheat

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