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News specific to inform, educate and assist ag retailers is delivered in this e-newsletter weekly each Thursday. Circulation is limited to only ag retailer/distributor management and employees.

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Market Commentary

Afternoon Comments 06/17


After trading weakly Sunday night, the grain markets turned upward Monday. Nearby corn futures were almost surely boosted by talk of slow farmer selling, tightening spot markets and the weekly Export Inspections report. The latter stated the latest total at 14.144 million pounds, whereas traders were reportedly expecting something in the 6.0-8.0 million pound range. The nearby strength seemed to pull new crop prices higher despite improved weather forecasts. July futures surged 13.5 cents to $6.685/bushel at its Monday close, while December rose 7.0 cents to $5.40.
Market Info

Key Reports

More weather setbacks for corn planting

04/22/2013 3:20:41 PM

Recent rains may have helped wash away the drought from many areas in the Corn Belt, but April showers... Read more.

Weather stalls corn planting progress

04/15/2013 3:12:38 PM

April showers don’t just bring May flowers. They also slow corn planting. The USDA’s Crop Progress... Read more.

USDA: Corn planted acreage up slightly from last year

03/28/2013 11:15:38 AM

The USDA reported in its annual Prospective Plantings report that corn growers intend to plant 97.3... Read more.

Corn stocks down 10 percent from March 2012

03/28/2013 11:12:15 AM

According to the USDA's latest Grain Stocks report, corn stocks in all positions on March 1, 2013... Read more.

Exports: Corn climbs as soybeans dip

03/28/2013 8:12:12 AM

According to the USDA’s latest U.S. Export Sales report, corn net sales of 295,100 MT for the... Read more.

Exports: Both corn and soybeans tumble

03/21/2013 8:22:07 AM

According to the USDA’s latest U.S. Export Sales report, corn net sales of 92,200 MT for the... Read more.

Exports: Corn rebounds after diving last week

03/14/2013 9:18:26 AM

According to the USDA’s latest U.S. Export Sales report, corn net sales of 282,300 MT for the... Read more.

WASDE: Corn exports lowered by 75 million bushels

03/08/2013 11:07:02 AM

According to the USDA's latest World Agricultural Supply and Demand Estimates (WASDE) report, projected 2012/13... Read more.

Exports: Corn sinks slightly, soybeans soar

02/28/2013 9:00:00 AM

According to the USDA’s latest U.S. Export Sales report, corn net sales of 372,600 MT for the... Read more.

Exports: Corn continues to rebound, soybeans dip again

02/22/2013 8:45:56 AM

According to the USDA’s latest U.S. Export Sales report, corn net sales of 361,800 MT for the... Read more.

Exports: Corn dips a tad, soybeans soar

02/14/2013 8:45:00 AM

According to the USDA’s latest U.S. Export Sales report, corn net sales of 168,900 MT for the... Read more.

WASDE: Corn exports projected lower

02/08/2013 11:08:15 AM

According to the USDA's latest World Agricultural Supply and Demand Estimates (WASDE) report, U.S. feed... Read more.

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