Export Sales Report August 28

Last week’s wheat export sales pace was estimated at 21.3 MB. After 12 weeks, wheat sales were at 51% of USDA’s expectations vs. 44% last year. With 40 weeks left in wheat’s export marketing year, sales need to average 10.8 MB to make USDA’s projection of 875 MB. Last week’s corn export sales pace was […]

Crop Progress Report August 25

As of August 24, the nation’s winter wheat crop harvest was 98% complete vs. 94% last week and 98% average. As of August 24, spring wheat harvest is 53% complete vs. 36% last week and 54% average. Spring wheat’s crop condition rating decreased 1% to 49% g/e, 33% fair, and 18% p/vp. As of August […]

Crop Progress Report August 25

As of August 24, the nation’s winter wheat crop harvest was 98% complete vs. 94% last week and 98% average. As of August 24, spring wheat harvest is 53% complete vs. 36% last week and 54% average. Spring wheat’s crop condition rating decreased 1% to 49% g/e, 33% fair, and 18% p/vp. As of August […]

Export Shipments Report August 25

Last week’s wheat export shipments pace was estimated at 34.8 MB. After 12 weeks, wheat shipments were at 24% of USDA’s expectations vs. 23% last year. With 40 weeks left in wheat’s export marketing year, shipments need to average 16.6 MB to make USDA’s projection of 875 MB. Last week’s corn export shipments pace was […]

Export Shipments Report August 25

Last week’s wheat export shipments pace was estimated at 34.8 MB. After 12 weeks, wheat shipments were at 24% of USDA’s expectations vs. 23% last year. With 40 weeks left in wheat’s export marketing year, shipments need to average 16.6 MB to make USDA’s projection of 875 MB. Last week’s corn export shipments pace was […]

Wheat Weekly Comments August 22

To start the week wheat opened the session lower in all exchanges and continued to trade with losses throughout the night. MW was the best performer trading with minor losses throughout the night while the winter wheat exchanges struggled. Light support moved into the wheat markets at the start of the day session with support […]

Corn Weekly Comments August 22

To start the week corn opened the session lower and extended losses throughout the night. Early selling was tied to improving weather conditions as hot dry conditions are expected in the Northern Plains and western Corn Belt. This will help advance crop maturity. Reports of an advancing SA corn harvest added selling. As of Aug […]