Export Sales Report April 24
Last week’s wheat export sales pace was estimated at net cancellations of 5.3 MB. After 46 weeks, wheat sales were at 95% of USDA’s expectations vs. 99% last year. With 6 weeks left in wheat’s export marketing year, sales need to average 6.4 MB to make USDA’s projection of 820 MB. Last week’s corn export […]
Export Sales Report April 24
Last week’s wheat export sales pace was estimated at net cancellations of 5.3 MB. After 46 weeks, wheat sales were at 95% of USDA’s expectations vs. 99% last year. With 6 weeks left in wheat’s export marketing year, sales need to average 6.4 MB to make USDA’s projection of 820 MB. Last week’s corn export […]
Crop Progress Report April 21
As of April 20, 15% of the nation’s winter wheat crop was headed vs 8% last week and 13% average. The winter wheat crop condition rating dropped 2% to 45% g/e, 34% fair, and 21% p/vp. As of April 20, spring wheat planting progress was estimated at 17% complete vs 7% last week and 12% […]
Crop Progress Report April 21
As of April 20, 15% of the nation’s winter wheat crop was headed vs 8% last week and 13% average. The winter wheat crop condition rating dropped 2% to 45% g/e, 34% fair, and 21% p/vp. As of April 20, spring wheat planting progress was estimated at 17% complete vs 7% last week and 12% […]
Export Shipments Report April 21
Last week’s wheat export shipments pace was estimated at 18.7 MB. After 46 weeks, wheat shipments were at 84% of USDA’s expectations vs. 85% last year. With 6 weeks left in wheat’s export marketing year, shipments need to average 21.5 MB to make USDA’s projection of 820 MB. Last week’s corn export shipments pace was […]
Export Shipments Report April 21
Last week’s wheat export shipments pace was estimated at 18.7 MB. After 46 weeks, wheat shipments were at 84% of USDA’s expectations vs. 85% last year. With 6 weeks left in wheat’s export marketing year, shipments need to average 21.5 MB to make USDA’s projection of 820 MB. Last week’s corn export shipments pace was […]
What’s Hot, What’s Not in the Markets April 21
April Cattle on Feed Report
The April COF report was neutral, to maybe a bit negative. Most estimates were in line with estimates, except for placements which were 1% above expectations. The other interesting number came in the breakdown of cattle in feedlots. Steers make up 62% of the cattle in feedlots (down slightly from last year) while heifers account […]
April Cattle on Feed Report
The April COF report was neutral, to maybe a bit negative. Most estimates were in line with estimates, except for placements which were 1% above expectations. The other interesting number came in the breakdown of cattle in feedlots. Steers make up 62% of the cattle in feedlots (down slightly from last year) while heifers account […]
Wheat Weekly Comments April 17
Wheat started the week by opening the session steady to lower and extended session pressure early. Early selling was tied to pressure from weather forecasts calling for good rains to move through the Southern Plains later this week. Losses were kept in check early by reports that Ukraine’s 2025 wheat production will likely be close […]
