USDA Summary February 9th, 2021 The USDA released their February estimates for supply and demand. Although many were expecting some big changes out of this report, the USDA opted for inaction, leaving most of their numbers unchanged. Read the commentary: USDA Feb 9 2021
Category: Grains
USDA Report January 12th, 2021
USDA Summary January 12th, 2021 The USDA released their monthly supply and demand estimates, quarterly grain stocks estimates, and wheat acreage estimates today. A few surprises in these numbers led to an exciting end to the marketing day. Corn ending stocks came in at 1.552 billion bushels, down from last months estimate of 1.702… CLICK HERE to Read More 
Dec 10 USDA Report
Posted by Jacob Willemse USDA Summary December 10th, 2020 The USDA released their monthly supply and demand report today. While they didn’t update any of their production estimates, they did make some small adjustments on the demand side. Corn ending stocks were unchanged from last months report at 1.702 billion bushels. Trade estimates ranged from… CLICK HERE to Read More
USDA WASDE Report November 10th, 2020
The USDA updated their estimates for grain production, demand, and ending stocks today. The report came with some major changes, and many surprises to the markets Corn ending stocks saw a 465-million-bushel reduction, from October’s estimate of 2.167 billion bushels down to 1.702 billion bushels. This reduction came from a drop in average yield, a… CLICK HERE to Read More
USDA Ending Stocks Update, October 9th, 2020
The USDA updated their supply and demand estimates today. All good news but no major surprises to the markets. Corn ending stocks were adjusted, lowered from 2.503 billion bushels to 2.167 billion bushels. The primary factor driving for this was a rather massive reduction in beginning stocks from two weeks ago. While bullish, the markets… CLICK HERE to Read More
USDA Quarterly Stocks Report Sept 30 2020
The USDA Quarterly Grain Stocks report was released today at 12:00, and it brought some major surprises to the market. Stocks were lowered across the board, coming in underneath average trade estimates by a significant margin. Corn stocks were reported at 1.995 billion bushels; 255 million bushels below the average trade estimate of 2.225 billion… CLICK HERE to Read More
USDA Report Sept 11th, 2020
USDA September 11th, 2020 Recap Last week the USDA updated their estimates. Traders did a good job with their estimates, and as such there weren’t many surprises to the markets. Corn ending stocks for 20/21 dropped around 250,000 MT. The largest contributing factor to this was storm damage in Iowa, which represented a loss of… CLICK HERE to Read More
2020 Great Lakes Grain Crop Tour Results
Jill, Ryan, Al and Kris were busy the last couple of weeks checking yields on some of our customers farms (in between rains) as part of the 2020 GLG crop tour. This is the 10th year that GLG has organized the event. The growing season immediately surrounding Haggerty has been excellent, for the most part. … CLICK HERE to Read More
USDA February 11th, 2020
Yesterday the USDA updated it’s crop report with ending stocks. There were little surprises to the market. From Mid-Co, here is a summary: Corn Ending Stocks were 1.892 MMT which are unchanged from January but higher than the trade estimates. I think for our marketing – we know that the US has had harvest challenges… CLICK HERE to Read More
GLG We Know Markets Event
Bringing You What’s Next Tour 2020 Great Lakes Grain, along with your Haggerty Creek, AGRIS and FS PARTNERS teams, would like to cordially invite you to our Winter Information Meetings featuring Jeff Sherman, Commodity Risk Consultant of MIDCO Commodities from Des Moines, Iowa. Many people are involved in your farm decision making process. Please feel… CLICK HERE to Read More