Photo: WNAX AM

USDA’s June supply and demand report was neutral to bearish on new crop corn ending stock with an increase to nearly 2 billion bushels.  Meanwhile old crop corn stocks were lowered 40 million bushels to 729 million.  Jonah Ford with Ceres Trading says even though USDA lowered harvested acres they are still projecting a record corn crop which raised the stocks.

Ford says USDA’s soybean acreage adjustments were comparable and ended up with a

Wheat ending stocks were lowered for both old and new crop due to an increase in feed wheat and exports.  The market quickly shrugged off the reports to trade weather.

Recent Headlines

in National

Making headlines this week


Here's a look at some of this week's biggest newsmakers and the headlines you may have missed.

in Agriculture

USDA Raises Yields, Lowers Stocks in October Report


USDA’s October Crop Report showed an increased in row crop yields, but production, acreage and ending stocks were all lowered…

in Agriculture

Appeals Court Stops WOTUS In All 50 States

gavel 1

Today the Sixth Judicial Circuit Court of Appeals issued a stay order stopping implementation of the Waters of the U.S.…

in Agriculture

White Paper Shows RFS Proposal Threatens Farm Income

Blender Pump

The National Corn Growers Association and National Farmers Union released a white paper showing how EPA’s Renewable Fuels Standard proposal…

in Agriculture

2015 Good Year for Hay Production, Prices Down Slightly


2015 has been a good year for hay production across the country and that has pushed prices below year ago…