Insights and Stories on WASDE

Dec. 10, 2019 at 4:35 pm CST

MarketsFarm — World agriculture supply and demand estimates (WASDE) from the U.S. Department of Agriculture (USDA) have turned out largely bullish for wheat values, bearish for corn and neutral for soybeans on the Chicago Board of Trade (CBOT). The report, released Tuesday, lowered U.S. wheat stocks by 40 million bushels […]

By Marlo Glass – MarketsFarm

Nov. 8, 2019 at 4:57 pm CST

MarketsFarm – In the United States Department of Agriculture’s (USDA) supply and demand report issued Friday, corn estimates were lowered from the October report and those for soybeans largely remained the same for the 2019/20 marketing year. There were some revisions for wheat as well. In the latest World Agriculture […]

By Glen Hallick - MarketsFarm

Nov. 6, 2019 at 4:46 pm CST

MarketsFarm – There needs to be some kind of firm, tangible action when it comes to the partial trade agreement between the United States and China, said Steve Georgy of Allendale Inc. in McHenry, Ill. He pointed to China, which recently said it wants some of the tariffs the U.S. […]

By Glen Hallick - MarketsFarm

Oct. 30, 2019 at 2:30 pm CDT

MarketsFarm – Commodities on the Chicago Board of trade were range-bound and “starving for news” at midweek. Scott Capinegro of Barrington Commodity Brokers in Illinois noted that the December corn contract started the month at US$3.88 per bushel, and was currently at US$3.8850. “It went absolutely nowhere,” he said. Snowstorms […]

By Marlo Glass – MarketsFarm

Oct. 10, 2019 at 4:36 pm CDT

Chicago | Reuters — U.S. corn futures dropped to their lowest prices in more than a week on Thursday after the U.S. Agriculture Department surprised traders by raising its domestic yield estimate in a monthly crop report. The losses dragged down soybean futures, which earlier approached a three-month high on […]

By Tom Polansek