USDA Supply/Demand and Crop Production Report for Sept 30 th, 2020

 

2020

Planted Acres (millions)

Yield Estimates 2020 (bu/A)

2020 U.S. Production (billions)

 

Sept 20/21 U.S. Ending Stocks (billions)

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

Corn  92.0 178.5 14.900   2.503 1.995
Soybeans 83.8 51.9 4.313   460 523
Wheat 44.7  49.5 1.838   925  
Cash Bids
Name Delivery End Cash Price Basis Month Futures Price Basis
Dlvd IL River

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Quotes retrieved on October 23, 2020, 05:28:26 AM 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
Soy Complex Pulls Back Gains -

Afternoon soybean trading led to some late session givebacks. Beans were firm to higher at the close, but were briefly in the red during the

Ag Market Commentary -

Thursday corn trading left futures 1 1/4 to 2 1/2 cents higher in the front months. The 2021/22 crop contracts closed 1 1/4 to 3 cents in the red.

Cotton Close in Black -

Front month cotton futures gained 58 to 90 points on the day. Despite Dec being up the most, it did not take out the 9 month high from yesterday.

Corn in Black at Close -

Thursday corn trading left futures 1 1/4 to 2 1/2 cents higher in the front months. The 2021/22 crop contracts closed 1 1/4 to 3 cents in the red.

Hogs Close with Limit Loss -

Dec hog futures closed limit down at the end of the session. The other front months were down $0.57 to $1.60 on the day. The expanded limit for

Cattle Close Lower on Thursday -

Cattle fell back triple digits on Thursday, which for Dec contracts was the 9th red candle from the last 11 sessions. Feeders were down 57 to 90

Full commentary...
Market Snapshot
Quotes retrieved on October 23, 2020, 05:28:26 AM CDT
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Grain Bin Safety
Notices

DP Rates

Corn 20 cent through Dec

 

Soybeans 28 cents through Dec

 

 

 

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