Jerry Gulke: What Did the USDA Report Tell Us?

Soybean Supplies Remain Scary Tight in USDA's May Report

View in Browser 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.   Read More     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.   Watch Now       ADVERTISEMENT     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. Read More       ADVERTISEMENT     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. Read More       ADVERTISEMENT     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. Read More       ADVERTISEMENT     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. Read More       This Week on USFR   Mike North with ever.ag, and Joe Vaclavik with Standard Grain, talk markets this weekend on U.S. Farm Report.   Watch Now       Today's Markets     View Markets       Forward to Friend     Connect With Us: You are receiving this email because you are a subscriber or past subscriber to a Farm Journal Product.   Preferences/Unsubscribe | Subscribe   Contact Us | Email Us | Privacy Policy   Copyright 2021 Farm Journal, Inc 8725 Rosehill Road Lenexa, KS, 66215