Market Reports Latest News
Wednesday, February 22, 2012
US Corn Exports up on Reduced Competition and Increased Trade GLOBAL - World corn trade in 2011/12 (October-September) is projected to reach 95.6 million tons, up 1.0 million this month.
Global Coarse Grain Use Prospects Little Changed, Ending Stocks Lower GLOBAL - World coarse grain use in 2011/12 is projected to reach 1,149.9 million tons, up 0.3 million this month. Global corn use is forecast down 0.4 million tons to 867.6 million, but barley...
CME: Corn Futures Closed Lower Tuesday US - May Corn finished down 11 3/4 at 633 1/2, 14 1/2 off the high and 4 3/4 up from the low. July Corn closed down 10 3/4 at 637 1/2. This was 4 3/4 up from the low and 13 1/2 off the high....
Tuesday, February 21, 2012
CME: Corn Futures Closed Higher Monday US - March Corn finished up 5 1/2 at 641 3/4, 5 off the high and 6 1/2 up from the low. May Corn closed up 5 1/2 at 645 1/4. This was 6 1/2 up from the low and 4 3/4 off the high.
Minor Changes Made to Feed Grain Price Projections US - The midpoint of the projected range for the 2011/12 US corn price received by farmers remains at $6.20 per bushel this month, but the range is narrowed by 10 cents at each end, to $5.80-$6.60...
Philippines Third Largest Market for US Soybean Meal PHILIPPINES - The Philippines was the 3rd largest market for US soybean meal (SBM) and the world's largest coconut oil (CNO) exporter in both 2010 and 2011.
Russian Agricultural Development: February 2012 RUSSIAN FEDERATION - On February 8, 2012, Yelena Skrynnik, the Ministry of Agriculture of the Russian Federation reported to the State Duma on the results of development of agriculture and related...
Corn and Soybean Export Progress US - In December 2011, the USDA judged total corn production prospects in Argentina and Brazil at 3.54 billion bushels, writes Darrel Good.
Monday, February 20, 2012
CME: Corn Futures Closed Higher Friday US - March Corn finished up 5 1/2 at 641 3/4, 5 off the high and 6 1/2 up from the low. May Corn closed up 5 1/2 at 645 1/4. This was 6 1/2 up from the low and 4 3/4 off the high.
Forecast Corn Exports Raised, Stocks/Use Lowest Since 1995/1996 US - US corn exports were increased 50 million bushels this month due to adverse weather conditions in Argentina, boosting prospects for higher demand.
USDA: Thai Rice Export Prices Rise THAILAND - Export prices increased approximately 1.0 percent due to concerns over the strengthening of the Thai baht and the temporary purchases of parboiled rice from African buyers.
Saturday, February 18, 2012
USDA: Weekly National Grain Market Review US - Compared to last week, grain bids were mostly lower with soybeans trading moderately higher.
Friday, February 17, 2012
CME: Corn Futures Closed Lower Thursday US - March Corn finished down 6 1/2 at 627, 11 1/2 off the high and 1 3/4 up from the low. May Corn closed down 7 at 631. This was 2 up from the low and 11 off the high.
Global Coarse Grain Production Prospects Reduced GLOBAL - World coarse grain production in 2011/12 is projected at 1,142.2 million tons, down 3.4 million this month mostly due to reduced prospects in Argentina.
John Deere's Full-Year Profit Forecast Increased US - Net income attributable to Deere & Company was $532.9 million, or $1.30 per share, for the first quarter ended 31 January, compared with $513.7 million, or $1.20 per share, for the same...
Thursday, February 16, 2012
CME: Corn Futures Closed Lower Wednesday US - March Corn finished down 6 1/2 at 627, 11 1/2 off the high and 1 3/4 up from the low.
Wednesday, February 15, 2012
CME: Corn Futures Closed Lower Tuesday US - March Corn finished down 6 at 633 1/2, 7 off the high and 2 up from the low. May Corn closed down 5 at 638. This was 2 1/4 up from the low and 6 1/4 off the high.
USDA: Wheat Ending Stocks Revised Down US - US wheat ending stocks for 2011/12 are projected lower this month. Exports are raised 25 million bushels supported by the stronger-than-expected pace of sales and shipments, particularly...
Tuesday, February 14, 2012
CME: Corn Futures Closed Higher Monday US - March Corn finished up 7 3/4 at 639 1/2, 4 off the high and 6 3/4 up from the low. May Corn closed up 7 1/2 at 643. This was 6 1/2 up from the low and 3 1/2 off the high.
HGCA: Global Grain Forecast GLOBAL - After a strong start prices fell at the end of last week after the USDA report failed to provide new supportive information. In line with pre-report estimates the Argentine maize crop...
Higher Trade Boosts Feed Grain Supplies and Use for 2011/12 US - US feed grain supplies projected for 2011/12 edge up 0.3 million metric tons this month to 358.3 million, with increases for corn and oats imports. Supplies, however, remain down 6 percent...
Report: Chinese Corn Industry Review CHINA - The domestic corn product market in China has witnessed a peaceful month in January 2012.
USDA: No US Rice Supply-Side Revisions US - The total 2011/12 US rice supply remains forecast at 252.5 million cwt, 15 per cent below the year-earlier record. The US rice crop remains estimated at 185.0 million cwt, down 24 per cent...
Soybean Export & Acreage Prospects Support Prices US - Among the major crops, the corn market has received the lion’s share of attention over the past two months, writes Darrel Good.
Monday, February 13, 2012
CME: Corn Futures Closed Lower Friday US - March Corn finished down 5 1/4 at 631 3/4, 7 off the high and 3 1/2 up from the low. May Corn closed down 6 at 635 1/2. This was 3 up from the low and 7 1/4 off the high.
Iraq 2012 Wheat Crop 10 to 15 Per Cent Below 2011 IRAQ - Iraq's wheat crop is expected to decline further if rains do not arrive soon.
USDA: Republic of Korea Grain and Feed Update US - The Korean government recently released the 2012 Minimum Market Access (MMA) rice purchasing plan. Under the MMA, Korea will purchase nearly 368,006 MT of rice, comprised of 162,778 MT under...
USDA Gearing Up for Census of Agriculture US - Surveys are now arriving in mailboxes around the nation to help identify all active farms in the United States.
USDA: Dim Soybean Outlook Won't Affect Exports US - Despite a dimmer outlook for South American soybean production, US exports for 2011/12 are expected to be unchanged at 1.275 billion bushels as an anticipated upswing in sales may only narrow...
Friday, February 10, 2012
CME: Corn Futures Closed Lower Thursday US - March Corn finished down 5 1/2 at 637, 15 off the high and 4 1/4 up from the low. May Corn closed down 6 1/2 at 641 1/2. This was 4 1/2 up from the low and 14 1/2 off the high.
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