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November WASDE shows higher corn yield

By |November 9, 2023|Categories: Corn & Soy Complex, Sugar, Wheat|Tags: , , , , , , |

Corn outlook    The November 2023/24 U.S. corn outlook is for greater production, domestic use, exports, and ending stocks.  Corn production is forecast at 15.2 billion [...]

EIA, USDA out of sync for 2024 ethanol production

By |October 31, 2023|Categories: Biofuels, Corn & Soy Complex|Tags: , , , , |

In the October Short-term Energy Outlook, EIA projected 2024 ethanol production at 980,000 barrels per day, just slightly higher than 2021’s level. In 2020/21, [...]

October WASDE shows lower corn yield

By |October 12, 2023|Categories: Corn & Soy Complex, Sugar, Wheat|Tags: , , , , , |

Corn outlook   2023/24 U.S. corn outlook is for reduced supplies, feed, residual use, exports, and ending stocks.  U.S. corn production is forecast at 15.064 billion bushels, [...]

Cold storage report shows significant drop in butter stocks

By |October 10, 2023|Categories: Dairy & Eggs|Tags: , , , , , , |

The latest USDA Cold Storage report showed that butter stocks declined 13 percent from the previous month to the end August at 289 million [...]

Soybean oil drops to three-month lows

By |October 6, 2023|Categories: Corn & Soy Complex|Tags: , , , , , , , |

Soybean oil futures hit three-month-lows with the Oct-23 futures contract back under 60 cents per pound and trading at 57.85 cents as of mid-day [...]