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Prospective Plantings

All articles tagged with #prospective plantings

agriculture3 years ago•3 min saved

USDA Report Reveals Tight Soybean Stocks and Mixed Results for Corn Futures

USDA's Prospective Plantings and Quarterly Grain Stocks reports caused a surge in prices for many commodities, with corn and soybean prices up significantly. The reports showed an increase in corn and wheat plantings, while soybean stocks were lower than expected. The focus now shifts to weather, with planting looking difficult due to cold and damp conditions. Farmers are warned to be ready for price volatility throughout the summer.

via Agweb Powered by Farm Journal|

#agriculture #corn #grain-stocks

agriculture3 years ago•4 min saved

Grain Markets Brace for Upset Amidst USDA Reports and Delayed Seedings

The USDA's Prospective Plantings report estimates that corn plantings will increase by 4% from last year to 91.99 million acres, while soybean plantings will remain relatively unchanged at 87.51 million acres. The Grain Stocks report shows that corn and soybean stocks are down from last year, with corn stocks at their lowest in nine years and soybean stocks at their lowest in six years. All wheat planted area is estimated to increase by 9% from last year to 49.85 million acres, with winter wheat planted area up 13% from last year.

via DTN The Progressive Farmer|

#agriculture #corn-plantings #grain-stocks