- Morning Market Review for July 17, Farm Progress
- Weekly Corn Review Farm Progress
- Crop Reports CropWatch
Corn crop report
For specific recommendations and daily charts, subscribe to our free E-newsletter, Farm Futures Daily. Bottom line: Wheat is trying to prove harvest lows but still faces harvest on the northern Plains. Overseas markets are firm today. Basis fell in the export market, however, as higher prices ration foreign demand. But getting there, if it happens, may take time, and probably some heartburn too. September soybean futures in China lost January futures for Eastern Australian Wheat settled 1. USDA provides some clarification on Aug. Old crop corn supplies are increasing as demand rationing takes hold, which provides a cushion against lower production and a late harvest this fall. While the story of will take time to play out, add to new crop sales cautiously due to potential for lower yields to raise the cost of production per bushel.
2 days ago DES MOINES, Iowa -- The U.S. corn and soybean crops made slight improvements vs.
a week ago, but remain behind five-year averages for. 07/12/ PM Grain futures move higher on weather concerns and crop conditions following a relatively bearish July USDA report. July update quickly dismissed as a work of fiction.
The U. For more corn news, corn crop scouting information and corn diseases to watch for, follow Tom Bechman's column, Corn Illustrated Weeklypublished every Tuesday.
Morning Market Review for July 17, Farm Progress
Also begin thinking about short-term put protection for the August report. And after cutting its yield estimate 10 bushels per acre in June due to late planting, the agency had no statistical justification for making another reduction. Crude oil stocks likely fell last week, though may not as much as expected, when the government updates its petroleum inventory report at CDT today.
Yield estimates are even more uncertain at this point.
JTBC ENES KAYA
|January futures for Eastern Australian Wheat settled 1.
Hide comments. Number The latest VHI confirmed deterioration in the heart of the Corn Belt noted in the July 8 Crop Progress report, suggesting below average yields are likely.
Lines and paragraphs break automatically. Web page addresses and e-mail addresses turn into links automatically. USDA provides some clarification on Aug.
By late Sunday, 65% of Nebraska's corn had been harvested, equal to last year, and behind 72% for the five-year average. Soybean harvest was 90% done.
USDA made no changes to its forecast for corn usage to make the biofuel last week, but year-to-date totals suggest the agency is 50 to million bushels too high without a push from E Load More.
Weekly Corn Review Farm Progress
Grain futures are mixed as a choppy overnight session heads down the home stretch thanks to conflicting forecasts that keep traders from getting too set in their ways.
Lines and paragraphs break automatically. Overseas markets are firm today. This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.
Besides the Morning Call on www.
Wheat futures followed corn down post-report. Corn Condition – Selected States: Week Ending June 9, [These 18 States planted 94% of the corn acreage].
Crop Reports CropWatch
State. Very poor. Poor. This full text file contains reports, issued weekly during the growing season (April The data, summarized by crop and by state, are republished along with any.
Basis fell in the export market, however, as higher prices ration foreign demand. August puts expire Aug 23, enough time to get through the report and its aftermath. Registered in England and Wales. Exports and usage for feed and industrial purposes all fell as demand rationing takes hold due to higher prices.
Bottom line: Markets must wait until Aug. Comments are updated by a.
Overseas markets are firm today.
DEBITEURENADMINISTRATIE CURSUS ENGELS
|That makes it even harder to predict where final yields could turn out, though warmer and somewhat drier weather to end July could be trimming the top end off whatever yield potential is out there. Adding to uncertainty is the latest official ENSO forecast, which says the El Nino is over with neutral conditions prevailing.
But getting there, if it happens, may take time, and probably some heartburn too.
Video: Corn crop report Corn Growth Process
Exports and usage for feed and industrial purposes all fell as demand rationing takes hold due to higher prices. For more, see my Soybean Outlook.