September’s World Agricultural Supply and Demand Estimates (WASDE) report showed little movement in field crop production estimates, but highlighted fluctuations in corn and soybeans. Soybean production, according to the report is pegged at 3.63 billion bushels, with yields expected to average 47.9 bushel per acre. “Well it’s a little bit bigger than what the market… Read More

Statistic Canada is out with its Principal Field Crop Estimates for the month of August, and the model-based analysis paints a bit of a different picture than the July report. According to its website, the estimates are calculated based on a model that incorporates coarse resolution satellite data from Statistics Canada’s Crop Condition Assessment Program,… Read More

Grain prices started the month of September much like they finished August: tumbling lower. December corn prices made new contract lows on bearish yield and production estimates from private firms. This prompted wheat markets to follow corn lower. Allendale, INTL FC Stone, and Informa all shared updated yield estimates this past week, and since they… Read More