Quarterly Stocks

Quarterly Stocks September 2016 Wheat stocks according to the USDA estimate as of Sep 1 are 2.53 billion bu. vs. average analyst estimates of 2.402 billion bu. Compared to June’s 0.981 billion bu. and last yrs. 2.097 billion bu. Corn stocks according to the USDA estimate as of Sep 1 are 1.74 billion bu. vs….

Weekly Export Sales

Weekly Export Sales Week ending 9/22/16 Wheat weekly export sales were estimated to come in at 450k to 650k MT. Thursday report showed the actual at 843.4k MT, above estimates. Current yr. accumulated exports of 8,962,400 MT is ahead of last yrs. pace of 2,141,900 MT. Corn weekly export sales were estimated to come in…

Weekly Export Sales

  September 9, 2016 – September 15, 2016 Commodity Expectations Reported Sales Wheat 250-550K 551.6k       Corn 750k-1.0mln 1.353mln       Soybeans 900k -1.2mln 790.3k Corn EXPORT SALES this yr outstanding outstanding diff weekly diff accumulated accumulated diff net sales this yr last yr current to last exports from last wk this…

Export Inspections Summary

Corn Inspections this yr last yr diff yr to date last yr to date diff week: Date: Date: from last wk current to last 1 09/01/16 1468505 09/03/15 905985 290010 482953 -192943 2 9/8/16 1343886 9/10/15 722155 -124619 1633896 1205108 428788 3 9/15/16 1285034 9/17/16 735535 -58852 2919972 1940643 979329 Corn inspection for the week…

Export Sales

Export Sales September 2, 2016 – September 8, 2016   Commodity Expectations Reported Sales Reported Sales Wheat 350-550K 402.2k Down 39% from last week         2016/17 Corn 800k-1.1mln 703.5k Below expectations         2016/17 Soybeans 900k -1.2mln 1.0186mln On target       Net Sales Old Crop Sales Open This…

Bean Balance sheet

US Soybean Balance Sheet Supply Production Inputs 2014/15 2015/16 Est. 2016/17 Aug Proj. 2016/17 Sep Area Planted (mln acres)          83.30             82.70                 83.70                          83.70 Area Harvested (mln acres)          82.60              81.80                 83.00                          83.00 Yield Per Harvested Acre          47.50             48.00                 48.90                          50.60 Supply Inputs (mln bu)…

Corn balance sheet

US Corn Balance Sheet Supply Production Inputs 2014/15 2015/16 Est. 2016/17 Aug Proj. 2016/17 Sep. Proj. Area Planted (mln acres)               90.60             88.00                       94.10                        94.10 Area Harvested (mln acres)                83.10             80.70                       86.60                        86.60 Yield Per Harvested Acre              171.00            168.40                      175.10                      174.40 Supply Inputs (mln…

Options on Grain Futures Reference

Put Options   Definition: Puts offer the buyer the right but not the obligation to sell the futures at the strike price at or before the expiration date for the option.  Each contract is for 5,000bu. Producers benefit from the protection of put options as price insurance on unpriced grain production. The Advantages of buying…

Export Inspections Summary 09/6/16

Export Inspections Summary 09/6/16   Grain Week ending 09/01/2016 Week ending 08/25/2016 Week ending 09/03/2015 Current Marketing yr. to date Previous Marketing yr. to date Corn 1,468,505 1,422,274 905,985 290,010 482,953 Oats 500 100 0 3,399 200 Sorghum 40,786 206,606 236,676 1,174 59,939 Soybeans 1,232,739 921,528 94,262 203,424 23,598 Wheat 639,315 577,300 456,507 7,255,439 5,569,265…

Export Sales August 19, 2016 – August 25, 2016

Export Sales August 19, 2016 – August 25, 2016   Commodity Expectations Reported Sales Reported Sales Wheat 300-600K 279.4k Down 26% from last week 2015/16 Corn -100k-150k 214.1k Up noticeably from last week 2016/17 Corn 700k-1.1mln 1.4645mln Up 40% from last week 2015/16 Soybeans -150k -200k 107.5k Down noticeably from last week 2016/17 Soybeans 1.1mln…