Jerry Gulke: What Did the USDA Report Tell Us?

Saturday, May 15, 2021

Jerry Gulke: What Did the USDA Report Tell Us?

at May 15, 2021

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May 15, 2021

Jerry Gulke: What Did the USDA Report Tell Us?

So often with big USDA reports, it's not so much what the numbers say, but how the markets react to close out the week.

Markets Now with Tyne Morgan: Here's What's Weighing on the Corn Market

After markets closed in the green after USDA's May WASDE report on Wedensday, corn traded limit down on Thursday. While corn struggled to post gains again Friday, soybean prices managed to close in the green.

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USDA's May Report Further Feeds the Bulls as Soybean Supplies Remain Scary Tight

As soybean supply concerns continue to impact the market, USDA's fresh look at 2020/2021 ending stocks in the May World Agricultural Supply and Demand Estimates (WASDE) report paints a scenario where both soybean supplies will remain extremely tight.

China's Buying Spree Continues, New Crop Corn Commitments Top 5 MMT

China's corn buying spree continued Friday with a sale of 1.36 million metric tons (mmt). The announcement came on the heels of a week of consistent new crop sales.

Cattle Industry Groups Hold Closed-Door Meeting to Discuss Price Imbalances

The more than $900 margin between producers and packers has the largest industry representatives, that are typically at odds, working together.

6 Issues Driving Global Hog Prices

"The old adage that 'it is sometimes better to be lucky than good' could apply to global hog markets in 2021," Rabobank said in its latest report. Analysts summarized six key issues driving prices this year.

This Week on USFR

Mike North with ever.ag, and Joe Vaclavik with Standard Grain, talk markets this weekend on U.S. Farm Report.

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Saturday, May 15, 2021