USDA Data Expected to Surprise, Sets Baseline for Debate
There's a high likelihood of surprises from USDA today, and the acreage numbers will likely change by the June survey. But at least it will provide a baseline for the debate that will continue until January. #oatt
Corn Leads USDA Export Inspections, Soybeans Follow
USDA inspections for export in the week ending Mar. 26 (mln bu); #corn 70.4, grain sorghum 7.1, #soybeans 21.5, #wheat 13.4 #oatt
A Heartfelt Tribute to Broadcasting Legend Orion Samuelson
Great tribute to the legend Orion Samuelson, who I grew up listening to over 60 years ago, as told so well by @maxarmstrong #oatt https://t.co/q37caPqDVR
Navy Escorts First Tanker; Soybeans Hold as Corn, Wheat Fall
U.S. Navy escorts its first tanker through the Strait of Hormuz. #corn & #wheat prices follow crude oil lower, but #soybeans hang onto modest gains on hopes we'll get final RVOs from EPA any day, with possible exports to China....
Market Stays Calm Amid Monthly Crop Report
Today's market response thus far about as calm as they come for a monthly crop report. #oatt
World Corn Stocks up Nearly 4 MMT, USDA Reports
World #corn stocks rise by nearly 4 mmt in today's WASDE report from USDA #oatt
USDA Holds Corn, Soybean, Wheat Stocks Estimates Steady
USDA made no changes to U.S. #corn, #soybean, or #wheat ending stocks estimates today. #oatt
USDA Tweaks Brazil Corn up, Cuts Argentina Corn, Soy
USDA left Brazil #soybean crop unchanged at 180 mmt, raised its #corn crop 1 mmt to 132 mmt, Cut Argentina's corn 1 mmt to 52 mmt, while cutting soybeans 0.5 mmt to 48.0 mmt #oatt
Wheat Export Inspections Outpace USDA Target by 57M Bushels
Marketing year to date #wheat export inspections exceed the seasonal pace needed to hit USDA's target by 57 million bushels, versus 62 million bushels the previous week. #oatt
Corn Dominates Export Inspections, Soybeans Second
Export inspections for the week ending Feb. 26 (mln bu): #corn 73.2, grain sorghum 9.4, #soybeans 41.8, #wheat 12.6 #oatt
Oil, Fertilizer Prices Surge After US‑Israel Strike
#oil & #fertilizer prices both spike following the US-Israel joint strike on Iran with the Strait of Hormuz essentially shut down. #oatt #oott https://t.co/wrY5JcnYwb
Xi's Consolidation Will Prompt China to Seek Cheaper Imports
Once Xi shores up his political base at home, I expect China to go back to buying cheaper commodities elsewhere, as the U.S. is not the low-cost producer of grain and oilseeds. #oatt
US Has 12‑18‑month Window to Sell Commodities to China
The United States has a window of opportunity to sell commodities to China over the next 12 - 18 months while President Xi tries to shore up his support at home, while seeking favorable access to the U.S. consumer market...
China Pays Premium for US Grain to Leverage Trump
Only China had put retaliatory tariffs on U.S. grain and oilseeds, and China is now buying U.S. commodities at a higher prices than the alternatives (without the tariffs) to get more favorable treatment from Trump on other issues. #oatt
Wheat Export Inspections Outpace USDA Target by 59M Bushels
Marketing year to date #wheat export inspections exceed the seasonal pace needed to hit USDA's target by 59 million bushels, versus 61 million the previous week. #oatt
Corn Leads Weekly Export Inspections, Soybeans Follow
Export inspections for the week ending Feb. 12 (mln bu): #corn 58.8, grain sorghum 9.5, #soybeans 44.2, #wheat 13.8 #oatt
Wheat Export Inspections Outpace USDA Target by 61 M Bushels
Marketing year to date #wheat export inspections exceed the seasonal pace needed to hit USDA's target by 61 million bushels, up from 56 million bushels the previous week. #oatt
Corn and Soybean Export Inspections Top Weekly Totals
Export inspections for the week ending Feb. 5 (mln bu) #corn 51.5, grain sorghum 4.9, #soybeans 41.7, #wheat 21.3 #oatt