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13 Jul 2016
By Alan BruglerDTN Contributing Analyst USDA surprised the trade Tuesday by cutting old-crop U.S. corn stocks to 1.701 billion bushels from 1.708 billion in the June report. That is actually 30 million bushels tighter than the 2014-15 ending stocks figure. This had not been expected, as the June 1 corn stocks number released on June 30 had indicate...
12 Jul 2016
By Darin NewsomDTN Senior Analyst In corn, it's hard to imagine projected production at a record 14.54 billion bushels and ending stocks of 2.081 bb, the largest since the 2004-2005 marketing year, as bullish. But that was the reaction to USDA's July Crop Production and Supply and Demand reports. OK, maybe the numbers weren't bullish, just not as b...
12 Jul 2016
By Todd HultmanDTN Analyst As Elaine Kub reminded us last week, this is pollination time for corn and the hit or miss of those liquid drops from heaven have billion-dollar consequences. The sudden drop in corn prices the past three weeks has been dizzying as rain across the Midwest erased over $4 billion from the value of old-crop holdings and lop...
12 Jul 2016
By Todd NeeleyDTN Staff Reporter KANSAS CITY, Mo. (DTN) -- Farmers worldwide either need to find a way to produce more food with the same land or expand the industry's footprint in the face of water scarcity threats, a panel of experts said on Monday. Exactly where water will be available as changes in climate occur is something no one can predict...
12 Jul 2016
By Chris ClaytonDTN Ag Policy Editor WASHINGTON (DTN) -- USDA bumped up 2016-17 corn and soybean production as well as new-crop ending stocks for both corn and soybeans in the World Agricultural Supply and Demand Estimates for July. USDA pegged corn production at 14.54 billion bushels and soybeans at 3.88 billion bushels with both forecasts coming...