Updated Supply, Demand and Price Prospects for Corn and Soybeans
The webinar reviews the USDA’s U.S. corn and soybean yield and production forecasts released on August 10. The production forecasts will be combined with projections of marketing year consumption in order to project the magnitude of year-ending stocks. The implications for marketing year average prices as well as the likely pattern of prices during the 2018-19 marketing year will be discussed.
Updated Supply, Demand and Price Prospects for Corn and Soybeans
The webinar reviews USDA’s June 29 Grain Stocks and Acreage reports and considers balance sheet and price implications for both old and new crop corn and soybeans. The USDA’s estimate of June 1 stocks of corn and soybeans provides a clearer picture of total 2017-18 marketing year consumption, ending stocks, and price prospects. The magnitude of planting acreage clarifies prospects for the size of the 2018 corn and soybean crops with implications for the 2018-19 balance sheets and price prospects.…
Implications of USDA Grain Stocks and Prospective Plantings Reports for Corn and Soybean Prices
The webinar reviews USDA’s March 29 Grain Stocks and Prospective Plantings reports and considers balance sheet and price implications for both old and new crop corn and soybeans. The USDA’s estimate of March 1 stocks of corn and soybeans provide a clearer picture of total 2017-18 marketing year consumption, ending stocks, and price prospects. The report will be especially important for projecting the magnitude of domestic corn consumption for feed use. The magnitude of planting intentions will clarify prospects for…