WASDE Balance Sheets for Corn and Soybeans Unchanged

Author: Bob Lane

WASDE Balance Sheets for Corn and Soybeans Unchanged

Bob Lane | 03.09.2021

The March World Agriculture Supply and Demand Estimates (WASDE) released by the USDA were unchanged for corn, soybeans, and wheat.  This is somewhat good news for corn and soybeans, whose stock to use ratio had been trending lower over the past several months.  For soybeans, the ratio has declined from 6.4 percent last October to 2.6 percent.  Corn is down from 11.5 percent in December to 10.3 percent.  A declining ratio tends to lead to an increased probabilit...

Read More
Grains End Week Higher Despite Two-Day Slide

Grains End Week Higher Despite Two-Day Slide

Grain prices finished the week stronger despite Thursday's sell off. Grain prices had limited follow through allow weekly prices...

READ MORE

Extension of 2019 and 2020 Renewable Fuel Standard Compliance

Extension of 2019 and 2020 Renewable Fuel Standard Compliance

The EPA published a Proposed Rule in the Federal Register on January 15 to extend the RFS compliance deadline...

READ MORE

Stocks to Use Ratio for Soybeans and Corn Continues lower

Stocks to Use Ratio for Soybeans and Corn Continues lower

The February World Agriculture Supply and Demand Estimates (WASDE) released by the USDA showed a continued tightening in domestic...

READ MORE

Exports, Weather, and South America Keep Grains Moving

Exports, Weather, and South America Keep Grains Moving

Grains prices recovered ground lost the week prior.  Low stocks for corn and beans will continue to ensure volatility remains...

READ MORE

LCFS Transaction Volume 73% over 2020 Pace

LCFS Transaction Volume 73% over 2020 Pace

Weekly LCFS credit volume slowed during the third week of the month, but the current pace is 73 percent...

READ MORE

DDGS Prices Spike Higher

DDGS Prices Spike Higher

Higher corn prices are shaking the ethanol industry while reduced demand from the pandemic continues to hamper ethanol and...

READ MORE

Trump Grants Two 2019 SRE’s as He Heads Out of Office

Trump Grants Two 2019 SRE’s as He Heads Out of Office

Pardons and commutations might be the most sensationalized of the last-minute acts presidents make but at least this year,...

READ MORE

Soybean, Soybean Meal, & Corn Exports Exceed Expectations

Soybean, Soybean Meal, & Corn Exports Exceed Expectations

Weekly soybean export sales for the 2020/21 marketing year of 908 thousand metric tons (TMT), a marketing year low,...

READ MORE

Articles by Topic

Blog

04.26.2024

P66 Rodeo to begin producing SAF in Q3

P66 Rodeo to begin producing SAF in Q3

Phillips 66 brought its long-awaited Rodeo Renewable Energy Complex online during the first quarter of 2024, but it is not producing sustainable aviation fuel (SAF) yet, the company said...

READ MORE

04.26.2024

Slower Gulf demand weighs on animal fats market

Slower Gulf demand weighs on animal fats market

Limited volumes of choice white grease traded at steady prices on Friday April 26, while trading was very quiet outside of the choice white grease market.

Price direction in...

READ MORE

04.26.2024

Porcine bloodmeal FOB Missouri River price drops week on week

Porcine bloodmeal FOB Missouri River price drops week on week

Limited trade was reported on Friday April 26 for US animal proteins, while prices widened downward.

Fastmarkets assessed bloodmeal, porcine, fob Iowa/Missouri/Nebraska at $1,025-1,150 per short ton on...

READ MORE

Latest Tweets

Twitter feed is not available at the moment.