AgProfessional Magazine

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The latest news and information of specific interest to farm managers, crop consultants, ag retailers and the ag industry professionals serving them is delivered weekly on Monday in this e-newsletter.

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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


Tight old crop supplies seemed to support the expiring Minneapolis wheat contract Tuesday, whereas prospects for increased production apparently dragged the other contracts lower. The fact that many areas where plants are already growing are being blessed with plentiful moisture may also be weighing upon the markets. July CBOT wheat futures dropped 4.75 cents to $6.805/bushel in Tuesday trading and July KCBT wheat tumbled 6.5 to $7.385, while July MGE futures rose 2.75 cents to $8.135.
Market Info

Key Reports/Outlook

Global stocks are projected at near-record high

01/17/2012 9:43:47 AM

Beginning 2011/1220 wheat stocks added 0.2 million tons to supplies this month, due to two 2010/2011... Read more.

World wheat production projected higher

01/17/2012 9:41:16 AM

World wheat production in 2011/2012 is projected up 2.5 million tons this month to 691.5 million,... Read more.

Current US winter wheat crop conditions better than 2011

01/17/2012 9:38:27 AM

Winter wheat crop conditions in the Central and Southern Plains are better this year than last year... Read more.

Domestic wheat situation and outlook: 2011-2012 supplies

01/17/2012 9:36:29 AM

Total projected supplies for 2011/2012, at 2,982 million bushels, are unchanged from December. Supplies for... Read more.

Projected US ending wheat stocks down slightly

01/17/2012 9:31:33 AM

U.S. wheat ending stocks for 2011/12 are projected slightly lower this month as reductions in expected... Read more.

Grain Stocks: All wheat stocks drop 14 percent

01/12/2012 8:07:33 AM

All wheat stored in all positions on December 1, 2011 totaled 1.66 billion bushels, down 14 percent... Read more.

Domestic wheat: 2011/2012 supplies

12/13/2011 8:40:00 AM

Total projected supplies for 2011/12, at 2,981 million bushels, are unchanged from November. Supplies for... Read more.

Projected wheat exports lowered this month

12/13/2011 8:40:00 AM

U.S. wheat ending stocks for 2011/12 are projected 50 million bushels higher with reduced prospects... Read more.

World wheat trade continues to expand

12/13/2011 8:35:00 AM

Projected world wheat trade for the international 2011/12 July-June trade year is further increased this... Read more.

World wheat ending stocks prospects up 3%

12/13/2011 8:35:00 AM

World wheat ending stocks for 2011/12 are projected to reach 208.5 million tons, up 5.9 million this... Read more.

Key competitors’ wheat production boosted this month

12/13/2011 8:35:00 AM

Global wheat production forecast for 2011/12 soared 5.7 million tons this month to 689.0 million,... Read more.

WASDE: Corn yields lowest since 2003

11/09/2011 7:40:23 AM

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

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