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12 Jan 2023
The extent of the changes on the January USDA grain stocks and production report seemed to catch many, including yours truly, by surprise. Perhaps commodity fund managers weren't as surprised, as they carried sizable long positions on corn, beans and soy meal into Thursday's bullish report. A combination of lower-than-expected production, stocks an...
12 Jan 2023
By DTN Staff This article was originally posted at 11:06 a.m. CST on Thursday, Jan. 12. It was last updated with additional information at 11:28 a.m. CST on Thursday, Jan. 12. ** OMAHA (DTN) -- USDA on Thursday lowered corn export demand by another 150 million bushels (mb), but USDA also cut corn production by 200 mb and lowered ending stocks for ...
11 Jan 2023
OMAHA (DTN) -- Average retail prices for all eight major fertilizers were lower the first week of January 2023 compared to last month, according to sellers surveyed by DTN. This is the third straight week prices have been down from the previous month. And for the second consecutive week, prices for half of the fertilizers were down substantially fr...
11 Jan 2023
On Thursday, Jan. 12 at 11 a.m. CST, USDA will issue a Crop Production report, a World Agricultural Supply and Demand Estimates (WASDE) report, a Grain Stocks report for December 1 and its annual report of Winter Wheat Seedings. CORN After USDA cut corn's export estimate by 75 million bushels (mb) in December, another reduction could be on the way ...
9 Jan 2023
Marc Arnusch's family began growing sugar beets in Colorado's Prospect Valley in 1952, so when he decided to exit that business five years ago, it left many in his family scratching their heads. "Everybody thought I'd lost my mind, including myself from time to time," he said. "It became apparent that was not just a good decision, it was a great de...