The main question regarding U.S. corn and soybeans for the balance of the 2014/15 crop year is whether demand will be enough to achieve the levels foreseen by USDA.USDA will release this month's WASDE on 9 April. There probably will not be many changes in the 2014/15 U.S. supply/demand estimates, and those that are made will likely be related to the 1 March quarterly stocks estimates that were released 31 March. The most significant revision will likely be in the corn supply/demand. USDA raised its feed/residual use demand factor by 50 million bushels from 5.25 billion to 5.3 billion bushels in the March WASDE, which was issued about three weeks before the quarterly stocks report. However, quarterly corn stocks were larger than expected, im...
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What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...