WASHINGTON, June 30 (Reuters) – The U.S. Agriculture Department released its acreage report on Wednesday. Following are highlights from the report. Corn Planted Acreage Up 2 Percent from 2009 Soybean Acreage Up 2 Percent All Wheat Acreage Down 8 Percent All Cotton Acreage Up 19 Percent Corn planted area for all purposes in 2010 is… read more
Tag Archives: Crop Production
Futures Broker / Grain Report
WASHINGTON, June 30 (Reuters) – U.S. farmers could harvest 13.2 billion bushels of corn, the Agriculture Department’s annual report on plantings indicated on Wednesday, implying harvest could be 1 percent smaller than its forecast earlier this month, but still narrowly topping last year’s record. Soybean harvest could be 3.3 billion bushels, up 1 percent from… read more
Futures Broker / Grain Calls and News
By Ian Berry OF DOW JONES NEWSWIRES CHICAGO (DOW JONES)– Supply and demand estimates from the U.S. Department of Agriculture Thursday were considered bullish for Chicago Board of Trade corn and neutral for both soybeans and wheat, traders said. The highlight of the reports, traders said, was a surprising cut in both old-crop and new-crop… read more
History suggests Iceland’s volcano could trigger major rally in futures.
Iceland has a history of volcano eruptions. Probably the most signifcant is the massive eruption of the Laki volcano in 1783 that lead to one of the greatest disasters in living history. The Laki volcano eruption occurred in the June of 1783 killing thousands and spreading a massive haze that covered most of Europe and parts of North… read more
Crop Production [4/9/2010]
WASHINGTON, April 9 (Reuters) – U.S. soybean exports will hit a record 1.445 billion bushels this marketing year while the corn surplus rises to 1.899 billion bushels, largest in four years but smaller than traders expected, said the government on Friday. The Agriculture Department also reduced the size of the 2009 cotton crop by 2… read more
Crop Production Report [3/10/2010]
WASHINGTON, March 10 (Reuters) – U.S. soybean exports are headed for a record 1.42 billion bushels, the government said Wednesday, and heavy domestic use of the oilseed will reduce the stockpile to a scant 190 million bushels this summer, slightly less than analysts had expected. The Agriculture Department lowered its forecast for U.S. corn exports… read more