USDA Supply/Demand and Crop Production Report for Feb 9, 2021

 

2020

Planted Acres (millions)

Yield Estimates 2020 (bu/A)

2020 U.S. Production (billions)

 

Nov20/21 U.S. Ending Stocks (billions)

Nov19/20 U.S. Ending Stocks (billions)

Corn  92.0 172.0 14.182   1.502 1.995
Soybeans 83.8 50.2 4.135   120 524
Wheat 44.7  49.7 1.838   836  
Cash Bids
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Quotes are delayed, as of May 10, 2024, 12:54:15 PM CDT or prior.
All grain prices are subject to change at any time.
Cash bids are based on 10-minute delayed futures prices, unless otherwise noted.
Marketing Program
Commentary
Wheat Trading Double Digits Higher Following Data Dump -

The wheat complex is posting strong double digit gains on Friday. Chicago contracts are up 16 to 17 cents across the nearbys. Kansas City futures

Cattle Mixed Around on Friday -

Live cattle are posting mixed trade on Friday, as contracts are down 55 cents to 22 higher across the board. Cash trade has been slow to develop

Cotton Falling on Friday Despite Tighter Carryout Estimate -

The cotton is down 100 to 172 points across most contracts on Friday. The outside market influences are not helpful at midday, as the US dollar

Corn Rallying with Help from USDA Numbers -

Corn futures are rallying post-USDA release on Friday, as contracts are up anywhere from 8 to 10 cents across most nearby months. This morning’s

Soybeans Holding Above UNCH at Midday Despite Less Friendly USDA Data -

Bean futures are up 2 to 4 cents across the front months on Friday, despite not much in terms of bull friendly numbers from USDA. Soymeal futures

Hogs Mostly Higher on Friday -

Lean hogs are showing 60 cent to $1.02 stronger trade on Friday , with May down 27 cents and sticking close to the index ahead of next week’s

Full commentary...
Newswire
Market Snapshot
Quotes are delayed, as of May 10, 2024, 12:54:15 PM CDT or prior.
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Notices

DP Rates

Corn and Beans free through August 31, 2021

 

 

 

 

 

 

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Forecast
Russell Grain, Inc.


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