Corn

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Mild Winter Likely to Increase Insect, Weed Pressures

  • Feb. 14, 2012
    blog

    Corn Supply Slightly Lowered

    On Feb. 9, USDA released the latest World Agriculture Supply and Demand Estimates (WASDE) Report, which showed slightly lower expected U.S. corn ending stocks for 2011-2012, compared to the January estimates. The projected 2011-12 corn ending stocks are now projected at 801 million bushels, as compared to 846 million bushels in the January USDA estimate. The change came in the form of expected increased demand in corn exports for 2011-2012....More
  • Feb. 14, 2012
    blog

    No Big Surprises in USDA Grain Numbers

    USDA’s U.S. corn stocks numbers moved in the right direction for producers – down – but not to the extent the trade expected. Corn stocks are now projected at 801 million bushels, down from 846 in January, but a few million over the trade estimate of 796. Exports were raised 50 million bushels, while other use categories were unchanged. The resulting stocks-to-use ratio is 6.3%, versus 8.6% for the 2010-2011 crop year. The season average price range for 2011-2012 corn was narrowed at both ends, to $5.80-6.60....More
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