Crops not yet harvested stand out in USDA data

Crops not yet harvested stand out in USDA data

U.S. farmers’ propane supplies are also still coming up short

One noticeable element in the latest world agricultural supply-and-demand estimates (WASDE) released by the U.S. Department of Agriculture (USDA) on Dec. 10 was the amount of crops left in the field, especially corn. Much of the report was a rehash of the previous November estimates, as is most often the case. The December WASDE is usually





CBOT March 2020 wheat with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Prices slip after rallying on trade deal

Chicago | Reuters — U.S. grain and soybean futures eased on Wednesday as the markets paused after rallying this week on demand hopes fuelled by a U.S.-China trade agreement. The long-awaited agreement included a Chinese commitment to expand purchases of U.S. farm products. However, traders are cautious about projections from Washington that deals will reach






CBOT January 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: China trade news provides lift

Chicago | Reuters — U.S. soybean futures touched a three-week high on Friday after Washington and Beijing announced a “phase one” trade deal, but the market pared gains amid uncertainty about the details of the pact, including the size of any potential Chinese agricultural purchases. As part of the agreement, Beijing committed to buy an