Insights and Stories on WASDE

Sep. 3, 2020 at 3:31 pm CDT

MarketsFarm — Market activity on the Chicago Board of Trade has been characteristic for September, with harvest activity keeping pressure on values. “The trend for September turns to the downside as harvest starts to pick up,” said Steve Georgy of Barrington Commodities at Barrington, Ill. However, next week’s world agriculture […]

By Marlo Glass – MarketsFarm

Aug. 12, 2020 at 4:56 pm CDT

MarketsFarm — There were marked increases in yields for U.S. corn and soybeans that bested market expectations in the supply and demand report from the U.S. Department of Agriculture (USDA). Despite those increases, corn and soybean futures on the Chicago Board of Trade (CBOT) didn’t react as anticipated. “We’re getting […]

By Glen Hallick - MarketsFarm

Jul. 22, 2020 at 4:35 pm CDT

MarketsFarm — The current relationship between the United States and China has continued to be rather chaotic, according to Steve Georgy, president of Allendale Inc. at Fort McHenry, Ill. Despite the two countries’ diplomatic row, China has sharply picked up its purchases of U.S. soybeans. Georgy pointed to the 715,000 […]

By Glen Hallick - MarketsFarm

Jul. 10, 2020 at 4:42 pm CDT

Chicago | Reuters — U.S. corn and soybean futures prices fell on Friday on expectations for beneficial rains in crop-growing areas and as President Donald Trump said the country’s relationship with trading partner China was severely damaged. A monthly U.S. Department of Agriculture (USDA) report pegged America’s harvests below analysts’ […]

By Tom Polansek

Jul. 10, 2020 at 3:41 pm CDT

MarketsFarm — There were some notable changes in the carryovers for corn, soybeans and wheat in the July supply and demand report from the U.S. Department of Agriculture released Friday. However, the monthly world agriculture supply and demand estimates (WASDE) had very little effect on the markets, according to MarketsFarm […]

By Glen Hallick - MarketsFarm