FORT COLLINS, Colo. The corn supply outlook in the United States got much tighter when it was revealed that farmers this year significantly reduced planted acres from their original plan, but unprecedented yields could load back up the balance sheet.
FORT COLLINS, Colo. The U.S. Crop Watch producers maintain high expectations for their corn and soybeans, but at least half of the locations are needing some rain to prevent a decline in yield potential.
FORT COLLINS, Colo. Speculators continue to weigh increasingly favorable weather for U.S. corn and soybeans against record July export sales for both crops, and it seems that the latter won out again last week, at least in the case of corn.
FORT COLLINS, Colo. U.S. ports should be very active later in the year as aggressive Chinese bookings have boosted total corn and soybean export sales to modern-day and potentially all-time record levels for July. That follows the recent multi-year low export levels after last year's crops fell short.
FORT COLLINS, Colo. Exporters in the United States will have a busy start to the upcoming marketing year after the record or near-record soybean and corn sales this month, though they will have to keep an eye on shipments out of Brazil, which will continue to compete with U.S. supplies well into next year.
FORT COLLINS, Colo. Strong yield expectations continue for the U.S. Crop Watch corn and soybeans, but the fields in North Dakota are once again grappling with too much rain, while those in Nebraska and Ohio have not received enough.
FORT COLLINS, Colo. The recent favorable weather across the U.S. Corn Belt has increasingly supported big corn and soybean yield predictions, reducing the chances for supply concerns heading into next year.
FORT COLLINS, Colo. The new marketing year is still a month-and-a-half away, but the amount of new-crop U.S. corn that has already been sold to China would make those 2020-21 exports the second-largest on record if the full volume is shipped.
FORT COLLINS, Colo. Unusually warm temperatures prevailed across U.S. corn and soybean growing areas last week, though late-week rains supported field conditions for the Crop Watch farmers, who expect above-average yields at this point.
FORT COLLINS, Colo. Hot and dry weather across the U.S. Corn Belt had speculators covering more short positions in Chicago-traded grains and oilseeds last week, but Friday’s trade ended on a more bearish note as weather forecasts suggested relief is on the way.