#us-corn-prices

Corn Rally Fades, Amid Doubts at ‘Bullish’ Data | Agrimoney

"So was the Wasde bullish for corn prices or not?

The grain proved the biggest winner of Chicago’s big three in the last session, after the US Department of Agriculture, in first estimates for 2017–18 as revealed in its benchmark Wasde crop report, pegged US and world stocks below market expectations.

Indeed, the immediate market reaction from many observers was upbeat.

Source: Corn Rally Fades,…

10 – US Winter Crop Deterioration Lifts Wheat Futures | Agrimoney

"However, one of the assumptions behind high hopes, of markedly higher soybean prices (as measured by Chicago’s new crop November 2017 futures contract) relative to corn ones (as measured by the December 2017 lot) is beginning to ease back. But another push or two would make that assessment less certain. (Many see a ‘neutral’ soybean: corn ratio as 2.25, although that is not a universal belief.)

Examining Factors Affecting Long Term Corn and Soybean Prices | farmdocdaily

This is a very scholarly article, full of graphs and worth a read.

Permalink "Summary Thoughts and Observations

A key question confronting the outlook for U.S. corn and soybean prices is what is their long term equilibrium?

In considering this question, it is important to acknowledge that U.S. corn and soybeans exist in the broader world grain and oilseed markets. These broader markets must be…

5X5 – 5. US-NEWS

1 • EPA ADVANCES CONTROVERSIAL CLEAN WATER ACT Agri-Pulse

"The Obama administration has advanced a final Clean Water Act rule with revisions that the EPA Administrator Gina McCarthy promises will address a range of objections raised since it was first proposed a year ago.

A final version of the rule was sent to the Office of Management and Budget for review on Friday. Administration officials…

5X5 – 5. US-NEWS

1 • US Officials Lift Bar on EU Wheat Forecasts for 2015

"US officials raised the bar on forecasts for the European Union wheat harvest, seeing another crop above 150m tonnes, and were upbeat over exports too – provided former Soviet Union competition does not prove too great.

US Department of Agriculture foreign staff, in their first estimate, pegged the EU wheat crop, the world’s biggest, at…

5X5 – 3. MARKETS

1 • AM Markets: Corn, Wheat Futures – Even Sugar – Stage Revival

“The last session in agricultural commodities brought ”a very strong hint of buyers’ remorse", as Benson Quinn Commodities put it, at least in the wheat market.

Futures in wheat followed corn sharply lower, after the US Department of Agriculture estimated domestic stocks of, and sowings prospects for, the yellow grain above market…