USDA Supply/Demand and Crop Production Report for Aug 12th, 2020

 

2020

Planted Acres (millions)

Yield Estimates 2020 (bu/A)

2020 U.S. Production (billions)

 

May20/21 U.S. Ending Stocks (billions)

May 19/20 U.S. Ending Stocks (billions)

Corn  92.0 181.8 15.278   2.756 2.228
Soybeans 83.8 53.3 4.425   610 615
Wheat 44.7  49.5 1.838   925  
Cash Bids
Name Delivery End Cash Price Basis Month Futures Price Basis
Dlvd IL River

View all cash prices...
Quotes retrieved on August 14, 2020, 02:07:05 PM CDT
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
Commentary
Corn Slow on Friday -

Corn futures are fractionally mixed on the last trade day of the week. Preliminary OI confirmed yesterday’s rally was mostly short covering, with

Soy Market Pulls Back Gains -

Soybeans are pulling back some gains following the double digit rally yesterday. Futures are down 1 to 2 3/4 cents at midday. Preliminary OI dropped

Hog Markets in Black at Midday -

Front month lean hog futures are trading 25 to 90 cents higher through midday. August futures expire today, with 6,839 open contracts as of

Cotton Adds to Gains ahead of Weekend -

Cotton futures are trading with midday gains of 13 to 31 points in the front months. September cotton futures on the ZXE closed at 11,985 yuan/MT (~

Wheat Adding to Gains -

Ahead of the weekend, the midday wheat markets are in the black. SRW futures are up 5 1/2 to 8 1/4 cents so far. HRW futures show plus 2 3/4 to 5

Cattle Gaining on Friday -

Front month live cattle futures show midday gains of 7 to 50 cents, with August up the most so far. There were 18 deliveries against live cattle

Full commentary...
Market Snapshot
Quotes retrieved on August 14, 2020, 02:07:05 PM CDT
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Grain Bin Safety
Notices

DP Rates

Corn Free through Aug

 

Soybeans Free through Aug

 

 

Local Weather
Weather radar map

Industry, Illinois (61440)

Current Conditions: Scattered Clouds
Temperature: 84°F Dew point: 66°F
Humidity: 55% Pressure: 29.98 in. Hg
Wind: 4 mph From:

Forecast

Friday
Weather condition
Hi: 87°
Lo: 63°
Saturday
Weather condition
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Lo: 62°
Sunday
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Lo: 55°
Monday
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Lo: 63°
Tuesday
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Lo: 59°
Wednesday
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