19 July 2019
In this issue,"Long-Term Acreage Forecast," "Historically High Soybean Stocks," "A Quick Update on the Chinese Hog Situation."
18 July 2019
In this issue of the latest Ag Insight Weekly Index, all the articles from January to June 2019 are organized by topics for easy reference. WIth this index, you can easily see what topics have been covered through the beginning of the year and the titles of each article--trade with China, slow planting progress for soybeans and corn, Mississippi River flooding, acreage reports and more.
12 July 2019
In this issue, "Exploring U.S. Irrigation and Its Importance to Land Used for Agriculture," "EPA Issues Forward Biofuel Targets," and "Upper Mississippi River Open but Shipment’s Pace Low."
19 July 2019
In this issue, June NOPA crush disappoints. Doane trims crush expectations, projects tighter soyoil stocks. China claims to have contained ASF, but doubt remains. U.S. winter wheat harvest surpasses halfway point. Corn condition rating and development progress remain far below normal. Soybean condition rating very low and crop vulnerable to this week’s heat.
12 July 2019
In this issue, EPA proposes steady biodiesel volumes in 2021. Lower U.S. soybean crop ideas help bolster meal futures. U.S. winter wheat harvest nears halfway point, conditions improve. Weather trending hotter and drier than normal into the second half of July. USDA slashes 250 million soybean bushels from its new-crop ending stocks forecast.
28 June 2019
In this issue, the USDA released their annual acreage and grain stocks reports today. Corn and soybean numbers were unexpected. Corn plantings exceeded expectations and soybean plantings were shockingly low. NASS crush and soyoil stocks are rescheduled for July 1. June 1 wheat stocks below expectations. China buys U.S. soybeans ahead of talks at G-20 Summit.
21 June 2019
In this issue, corn planting delays translate to soybean plantings delay. 2019 among slowest ever. Possibility for soybeans to gain some corn acreage losses and total 85.5 million. USDA cotton planting intentions at 13.8 million acres may be close to what finally is planted. U.S. 2019/20 ending stocks project higher for third consecutive year. Surge in spring U.S. wheat exports helps limit 2019/20 carry in supplies.
10 May 2019
In this issue, global trends and historical data are discussed for corn, soybeans, cotton, rice and wheat, and forecasts are included for the next 10 years. Of course, the "trade war" with China is a big factor for many of the crops today and the forecasts for the next 10 years, affecting more than just the U.S. and China. At the time of publishing, the trade war had not been resolved, and President Trump added more tariffs on Chinese imports. Other factors besides the trade situation affect the forecasts, such as the Asian Growth Center of China, India, Other Asia and East Asia accounting for 52% of the world population. The area consists of extreme poverty that is enjoying economic growth, which is very important for commodity consumption, but especially food products. Also, Doane's forecasts assume that the USMCA will be ratified this summer.
22 July 2019
In this issue, soybean and corn conditions continue to be low for this time of the year. On the other hand, cotton condition is above average and rice condition is close to average. Corn silking is also quite low. Spring wheat condition is above average while winter wheat harvest continues to go slowly.
15 July 2019
In this issue, USDA released its Crop Progress Report for corn condition and silking; cotton, soybean, rice, and spring wheat condition; and winter wheat harvest, and we react to those here. Corn silking is very low for this time of the year. Corn and soybean conditions are under the 10-year average. Rice condition is about average. Cotton condition is high. Winter wheat harvest continues to go slower than average.
08 July 2019
In this issue, the last winter wheat crop condition of the season was reported by the USDA, as well as the final soybean planting progress number--even though some states are not to the 95% mark in this record slow planting year. Corn, cotton, soybean, rice and spring wheat conditon ratings were all reported by the USDA today, and we compare them to last year's rating and the 10-year average for each crop. Finally, we report winter wheat harvest and include some weather maps to round out the report.
17 July 2019
In this issue, the USDA June 28 Acreage and Grain Stocks Report was shocking for some in the industry. What does it mean now? China's still dealing with the ASF epidemic; while at the end of June, the USDA put out the Hogs and Pigs Report on this U.S. livestock sector.Presidents Trump and Xi did talk at the G-20 Summit, but things seem to be moving slower than a snail's pace, if at all, while movement is trying to be made on USMCA. And more!
18 June 2019
In this issue, The View From Here column discusses the record slow planting progress for soybeans and corn and how that will most likely affect yields. In farm policy news, trade issues with China and Mexico have created some problems for U.S. farmers and ag industry professionals. Crop news is full of issues with the heavy rains and flooding for U.S. farmers--both in the fields and transporting their goods. And for livestock farmers, the markets have been somewhat rough due to decreased demand for pork and discounted live cattle futures.
16 May 2019
China and U.S. trade negotiations fell apart in early May, with both countries adding more tariffs for the other. The 2019 planting season has been plagued with wet, cool weather, and corn, rice, cotton and soybean plantings have been lagging behind in many states. The BLT season will most likely be mediocre due to plentiful supplies and moderate grocer demand for bacon. There's a weak El Nino event present this year.
19 July 2019
In this issue, benign Midwest weather seemed to undercut the grain and soy markets this week. The U.S. dollar stabilized despite Fed talk of cutting interest rates. A photographic survey of Corn Belt crops was not promising of big harvests. Clouds are hanging over a resumption of U.S-China trade talks.
12 July 2019
In this issue, Thursday’s surprising corn bounce boosted the grain and soy markets. The livestock markets have seemingly bottomed. El Niño is apparently over. The U.S. and China are jousting before resuming trade talks.
03 July 2019
In this issue, corn led the crop markets lower in the wake of the USDA acreage report. Crude oil suffered a surprising breakdown.
The USDA’s corn and soybean acreage numbers were big surprises. The U.S. and China are once again negotiating a trade deal.
15 July 2019
NOPA released its June 2019 monthly crush report on July 15, 2019. NOPA reported that members crushed just 148.8 million bushels of soybeans in June. This was down 6 million bushels from May and fell well below the average of published trade guesses. Members produced 1.737 billion lbs. of soybean oil in the month, versus 1.822 billion lbs. produced in May and 1.835 billion lbs. produced last year. This pegged the monthly oil yield at 11.67 lbs. per bushel, which was down 0.10 lbs. per bushel from 11.77 in May. NOPA members produced 3.494 million tons of soybean meal...
11 July 2019
In this issue, the corn export forecast was reduced by 100 million bushels. Export sales and shipments have slowed dramatically over the past two to three months, with competition from the large South American harvest a major factor. For 2018-19 soybeans, supply was unchanged from last month. On the demand side, USDA decreased the estimated old-crop bean crush by 15 million bushels to 2.085 billion bushels.Changes to USDA’s U.S. soybean oil balances were mostly as expected in the July WASDE. USDA increased its projection for the 2019 U.S. wheat crop 18 million bushels from June to reach 1.921 billion bushels. The U.S. cotton data on today’s USDA WASDE report were generally bearish, particularly those concerning the old-crop situation.
28 June 2019
In this issue, USDA announced that farmers in all Midwest states will be reinterviewed to determine final plantings. USDA released its annual Acreage report on Friday, June 28. The report did not meet analysts' prior expectations because it was reported that more corn acreage was planted than previously thought, but not as much for soybeans. Futures did not react all that well to the data.
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