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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 05/21


The weekly Crop Progress report released Monday afternoon obviously depressed corn futures Tuesday, since the indicated surge in U.S. corn plantings easily exceeded expectations. Concurrent developments in the financial markets, particularly equity index slippage and U.S. dollar strength may have weighed upon prices early, but late mitigation of those moves seemed to take pressure off of commodities. Talk that recent old-crop price strength had sparked active farmer selling apparently weighed upon nearby futures. July corn fell 9.5 cents to $6.40/bushel Tuesday afternoon, while December ended the day unchanged at $5.2025.
Market Info

Key Reports

USDA: Corn sales stable, soybean sales hit marketing-year low

08/09/2012 8:10:00 AM

According to the USDA's latest U.S. Export Sales report, corn net sales of 174,700 metric tons (MT)... Read more.

Corn exports plunge, set new yearly low

07/26/2012 8:00:00 AM

According to the USDA's latest U.S. Export Sales report, corn net sales reductions of 9,100 metric... Read more.

Corn, soybean net sales continue downward spiral

07/19/2012 8:40:00 AM

According to the USDA's U.S. Export report released on Thursday morning, corn net sales of 31,900... Read more.

U.S. 2011/12 corn export prospects cut

07/13/2012 2:55:00 PM

According to the USDA's Feed Outlook, U.S. corn export sales and shipments in recent weeks have slowed... Read more.

Revisions to 2011/12 trim foreign beginning stocks for 2012/13

07/13/2012 1:40:23 PM

Brazil’s corn supply and demand for 2011/12 starts in March 2012 and overlaps the 2012/13 year... Read more.

World coarse grain production prospects plummet

07/13/2012 1:05:00 PM

According to the USDA's Feed Outlook report, global coarse grain production forecast for 2012/13 is... Read more.

USDA's June 1 Stocks confirms expected corn use

07/13/2012 9:45:00 AM

According to the USDA's Feed Outlook report, the Grain Stocks report, issued by USDA’s National... Read more.

U.S. corn yield wilts in drought

07/13/2012 7:45:00 AM

According to the USDA's Feed Outlook, U.S. feed grain supplies for 2012/13 are projected sharply lower... Read more.

Corn, soybean sales show improvement from last week

07/12/2012 7:45:00 AM

According to the USDA's U.S. Export Sales report, corn net sales of 172,700 metric tons (MT) for the... Read more.

USDA lowers projected corn yield by 20 bushels

07/11/2012 7:34:42 AM

According to the USDA's World Agricultural Supply and Demand Estimates report, U.S. feed grain supplies... Read more.

Corn sales hit marketing-year low, soybeans also drop

07/06/2012 7:35:00 AM

According to USDA's latest U.S. Export Sales report, corn net sales of 19,300 metric tons (MT) for... Read more.

Bad news for corn, soybean crops

07/02/2012 3:38:49 PM

Get ready for a bumpy growing season. The USDA has reported more deteriorating crop conditions in... Read more.

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