August USDA Report Just One Piece Of The Puzzle
Category: Grains, Oilseeds, Policy
(Farm Futures) - USDA's Aug. 12 crop reports provide the market's first hard estimate of 2013 corn production. But the Full Story
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A Corn Boom Starts to Wilt
(The Wall Street Journal) - The boom in corn prices that helped propel the U.S. farm economy is fading amid expectations for a record-high harvest. Prices are down more than 40% from last year's all-time highs, to their lowest point in nearly three years. The decline is bringing relief to meat producers and other food companies hurt by steep costs for animal feed and other ingredients made from corn. Lower corn prices also could curb supermarket prices for beef. Full Story
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Drought Slightly Improving In Southwest
Category: Grains, Miscellaneous, Oilseeds
(Farm Futures) - Drought is improving in the Southwest, but expanding across Nevada, according to the latest U.S. Drought Monitor, released Full Story
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Corn export sales soar 116%
(AgProfessional) - Corn net sales spent July on a roller coaster of sales, and sales have spent August steadily climbing. Full Story
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Soybeans Add to Advances on U.S. Frost Concerns, Export Demand
(Bloomberg) - Soybeans extended the biggest gain in three weeks on concern that crops in the U.S., the world’s largest grower, may be susceptible to frost and amid sustained export sales. Corn fell. Full Story
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World Corn Outlook Cut by IGC on U.S. as Wheat Forecast Raised
(Bloomberg) - World corn production will be lower in the 2013-14 season than predicted a month ago as the outlook for Full Story
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Soybeans Rebound From 18-Month Low on Demand Before USDA Report
(Businessweek) - Soybeans climbed as a slump to the lowest level in 18 months spurred demand before the U.S. Full Story
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Soybeans Drop to 18-Month Low on U.S. Supply Outlook
(Bloomberg) - Soybean futures fell to an 18-month low on speculation that wet, cool weather will boost crops in Full Story
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Wheat Declines as Iraq, Egypt Shun Grain From U.S. in Tenders
(Bloomberg) - Wheat fell in Chicago after Iraq and Egypt shunned U.S. grain in tenders yesterday, indicating prices may Full Story
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U.S. soybean production looks promising in 2013
(Farm & Ranch Guide) - In early August, it appeared the U.S. and its global partners would produce enough soybeans. Full Story
