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Author Archives: Leanne Boyce

September Supply-Demand Summary

September S&D Highlights September 12, 2019 Market Trend Information provided may include opinions of the author and is subject to disclosures found at the end of this document. Pre-Report At Release Current (12:30) Corn CZ: -1 -5 +4 Soybeans SX: +17 +16 +25 Wheat WZ: +3/4; KWZ: -1 -4; -6 +5; +4 U.S. Carry-Out Aug… Read more »

August Supply-Demand Summary

August S&D Highlights August 12, 2019 Market Trend Pre-Report At Release Current (12:30) Corn -6 to -7 -12 Limit down (25) Soybeans -6 -4 -14 Wheat -3; -6; unch -7 -30; -28; -13 U.S. Carry-Out July 18/19 USDA Aug 18/19 Trade Aug 18/19 USDA July 19/20 USDA Aug 19/20 Trade Aug 19/20 USDA Soybeans 1,050… Read more »

July Supply-Demand Summary

July S&D Highlights July 11, 2019 Market Trend Pre-Report Release Current (12:30) Corn -1 to -2 -7 +6 Soybeans +1 +2 +3 Wheat Chi, -3/KC, -4/MN, -3 Chi, -3/KC, -3/4/MC -2 Chi, +15/KC, +19/MN, +15 U.S. Carry-Out June 18/19 USDA July 18/19 Trade July 18/19 USDA June 19/20 USDA July 19/20 Trade July 19/20 USDA… Read more »

June Supply-Demand Summary

June S&D Highlights June 11, 2019 Market Trend Pre-Report Release Current Corn (6) +2 +12 Soybeans (6) (3) +2-3 Wheat (2) CHI; (7) KC; (7) MN +6, +2, (1) +9 ½; +4 ¼; + ¼ Production 2018 Final 2019 May USDA 2019 June Trade Ave 2019 Trade Range 2019 June USDA Corn 14,420 15,030 14,040… Read more »

April Supply-Demand Summary

April S&D Highlights April 9, 2019 Market Trend CORN: A little negative at release but the 200 mbu increase in the USDA’s carry-out forecast was only 20 or so above the average trade estimate. The USDA’s new feed/residual forecast—down just 75 mbu from March—suggests over a 30% increase in MAM GCAU consumption so this story… Read more »

March Supply-Demand Summary

March S&D Highlights March 8, 2019 Market Trend CORN: A smidgeon negative with the USDA trimming U.S. corn FSI (ethanol) and exports by 25 and 75 million, respectively. The 100 mbu addition to stocks puts carry-out at 1.835 billion, or 84 mbu above the average trade guess and matching the high end of the range…. Read more »

February Supply-Demand Summary

February S&D Highlights February 8, 2019 Market Trend CORN: The trade was somewhat on the high side with its pre-report stocks estimate of 2.467 billion. The USDA came in 115 million lower as production issues in Argentina and to a much lesser extent in Ukraine have boosted U.S. export prospects. The latter forecast was raised… Read more »

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