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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


The weekly Export Inspections report seemingly offered little support for wheat futures, since the result, at 21.592 million bushels essentially matched the midpoint of the forecast range (between 18.0 and 25.0 million pounds). And while the latest news and weather have tended to weigh upon golden grain values, corn strength apparently offered spillover strength. July CBOT wheat closed 0.25 cent lower at $6.805/bushel Monday, while July KCBT wheat rose 2.25 cents to $7.1375, and July MGE futures dipped 3.75 cents to $8.0025.
Market Info

Key Reports/Outlook

Record 2011-12 world wheat trade up this month

07/13/2012 7:35:00 PM

As the July-June 2011/12 world wheat trade year ends, trade data on the final months of the year are... Read more.

2012-13 domestic wheat price range raised

07/13/2012 7:45:00 AM

According to the USDA's Wheat Outlook report, The 2012/13 season-average farm price range is projected... Read more.

Winter wheat production down 1 percent from June

07/11/2012 7:44:36 AM

According to the USDA's Crop Production report, winter wheat production is forecast at 1.67 billion... Read more.

All wheat acreage up 3 percent

06/29/2012 7:56:44 AM

All wheat planted area is estimated at 56.0 million acres, up 3 percent from 2011. The 2012 winter... Read more.

All wheat stocks drop 14 percent

06/29/2012 7:46:52 AM

Old crop all wheat stored in all positions on June 1, 2012 totaled 743 million bushels, down 14 percent... Read more.

Global wheat production prospects trimmed

06/14/2012 10:39:52 AM

According to the USDA's Wheat Outlook report, world wheat production in 2012/13 is projected to reach... Read more.

2012/2013 wheat supplies and ending stocks down

06/14/2012 7:30:00 AM

According to the USDA's Wheat Outlook, projected U.S. wheat supplies for 2012/13 are lowered 51 million... Read more.

Wheat trade for 2012/13 reduced, U.S. exports unchanged

06/14/2012 7:30:00 AM

According to the USDA's Wheat Outlook report, world wheat trade projected for the 2012/13 (July-June)... Read more.

WASDE: Projected U.S. wheat supplies lowered

06/12/2012 7:44:33 AM

According to the USDA's WASDE report, Projected U.S. wheat supplies for 2012/13 are lowered 51 million... Read more.

Winter wheat production down 1 percent

06/12/2012 7:42:05 AM

The USDA's latest Crop Production report showed that winter wheat production is forecast at 1.68 billion... Read more.

U.S. projected to be highly competitive, wheat exports up

05/14/2012 10:06:55 AM

According to the USDA's Wheat Outlook report, U.S wheat exports for the 2012/13 July-June international... Read more.

Wheat use down as animal feeding switches to corn

05/14/2012 9:15:00 AM

According to the USDA's latest Wheat Outlook, foreign use is projected at 652.5 million tons in 2012/13,... Read more.

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