Oct 16, 2012

Slow Export Sales, U.S. Imports Pressure Corn

The corn market’s short-lived bullish reaction to last Thursday’s tighter U.S. and world supply estimates from USDA signals that demand concerns will continue to dog market this fall and winter, capping prices....More
Oct 9, 2012

Drought Continues, Harvest Wrapping Up 2

Even though the 2012 harvest season is rapidly drawing to a close, most areas of southern and western Minnesota remain in severe to extreme drought, with conditions worsening in the past couple of months. The latest U.S. Drought Index places all of south-central and southwest Minnesota in an extreme drought category. Approximately 85% of the major corn- and soybean-producing areas in the U.S. are currently experiencing some level of drought, including most of the Western Corn Belt States and nearly all of the Plains states....More
Oct 9, 2012

Brazil Overtakes the U.S. in 2012-2013 1

The Brazilian government’s supply agency, Conab, released its initial estimates for 2012-2013. If they materialize, Brazil will pass the United States as the top soybean producer for the first time....More

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