USDA Supply/Demand and Crop Production Report for Jan 12th, 2021



Planted Acres (millions)

Yield Estimates 2020 (bu/A)

2020 U.S. Production (billions)


Nov20/21 U.S. Ending Stocks (billions)

Nov19/20 U.S. Ending Stocks (billions)

Corn  92.0 172.0 14.182   1.552 1.995
Soybeans 83.8 50.2 4.135   140 524
Wheat 44.7  49.7 1.838   877  
Cash Bids
Name Delivery End Cash Price Basis Month Futures Price Basis
Dlvd IL River

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Quotes are delayed, as of January 21, 2021, 04:45:37 PM CST or prior.
All grain prices are subject to change at any time.
Cash bids are based on 10-minute delayed futures prices, unless otherwise noted.
Marketing Program
Wheat Closes Lower Thursday -

The wheat/corn spread tightened up some with wheat closing the day weaker. SRW futures were down by as much as 7 cents nearby. The Chi wheat/corn

Soybeans End in Black -

Beans faded at the close, but still ended the session higher. March futures settled 3/4 of a penny in the black with old crop gains limited to 2 3/4

Lean Hogs Close Mostly Higher -

Feb futures missed out on the Thursday gains, closing 32 cents in the red. The other front months ended the day up 45 to 82 cents. Pork cutout

Cattle Higher at Close -

Live cattle futures closed the Thursday session with gains of as much as $1.07 for April. OI data as of 1/20 showed April positions more than double

Corn Recovers on Thursday -

At the close on Thursday corn prices were 1 to 3 cents higher. USDA announced a private export sale of 336,500 MT of 20/21 corn to unknown

Cotton Gains Triple Digits -

Front month cotton prices gained 98 to 111 points on the day. The dollar index continues to work lower following a blitz of spending and regulatory

Full commentary...
Market Snapshot
Quotes are delayed, as of January 21, 2021, 04:45:37 PM CST or prior.
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