Grains

WHEAT: The outlook for 2019/20 U.S. wheat this month is for lower supplies, higher domestic use, larger exports, and reduced stocks. Supplies are reduced as a smaller carry-in is not completely offset by higher production. Forecast 2019/20 U.S. wheat production…

Congress will be back in session with the House of Representatives returning on Tuesday. Tuesday is the earliest date the President can submit legislation to officially start Congressional debate on the new United States- Mexico- Canada (USMCA) agreement. Senate Finance…

USDA’s Crop Progress and Conditions report on July 1 was, for the first time this growing season, a snoozer. USDA data indicates planting of corn and soybeans is for the most part complete. Still, we’re not out of the woods…

Corn stocks in all positions on June 1, 2019 totaled 5.20 billion bushels, down 2 percent from June 1, 2018. Of the total stocks, 2.95 billion bushels are stored on farms, up 7 percent from a year earlier. Off-farm stocks,…

Corn planted area for all purposes in 2019 is estimated at 91.7 million acres, up 3 percent from last year. Compared with last year, planted acres are up or unchanged in 40 of the 48 estimating States. Area harvested for…

Farmers across the country have battled Mother Nature for months, fighting to get corn and soybean crops planted. In this week’s USDA Crop Progress report, the agency noted that 96% of the nation’s corn and 85% of the nation’s soybeans…

As of June 16, USDA estimates 92% of the U.S. corn crop has been planted. That compares to a five-year average for mid-June of 100% planted. Today’s planting pace matches the pre-report trade estimate. Ohio farmers have planted 68% of…