Articles By Jocelyn Garcia
The US wheat harvest is advancing rapidly under hot and dry weather conditions, with the soft red winter (SRW) harvest wrapping up this week, the latest harvest report from the US Wheat Associates (USWA) showed on Friday June 26.
The Wheat Quality Council’s 2024 Hard Red Spring and Durum Wheat Tour in the US concluded on Thursday July 25, revealing that North Dakota is on track to produce record-breaking yields.
Wheat planting advanced by 3.5 percentage points in Argentina to 98.5% of the projected area of 6.3 million hectares during the week to Wednesday July 24, the Buenos Aires Grains Exchange (BAGE) said in its weekly crop report update on Thursday July 25.
US weekly net sales of corn totaled 331,400 tonnes for the 2023/24 crop year during the week to July 18, down by 24% from the previous week and by 29% from the prior four-week average, according to data from the US Department of Agriculture released on Thursday July 25.
US weekly net sales of wheat for the 2024/25 crop year totaled 309,300 tonnes during the week ended July 18, down by 47% from the previous week and by 46% from the preceding four-week average, the US Department of Agriculture said on Thursday July 25.
US corn crop conditions declined by 1 percentage point in the week to Sunday July 21, while soybeans, spring wheat and barley remained steady, the USDA’s weekly crop progress report showed on Monday July 22.
Canada’s top crop-growing regions recorded hot temperatures and limited rain over the past week, prompting crop stress, with concerns growing because warmer conditions are forecast for the week ahead, as reported in provincial reports collated by Fastmarkets.
Export inspections of US corn were down by 11% to 970,539 tonnes during the week to Thursday July 18, within the range of analysts' estimates, data from the USDA released on Monday July 22 showed.
The USDA’s cattle on feed report released on Friday July 19 estimated the number of cattle in the nation’s feedlots at 11.3 million head on July 1, in line with market estimates and 1% above last year’s 11.24 million head.
US Gulf corn, wheat and soybean export prices to Mexico rose during May, with wheat having the biggest increase month on month and year on year, a monthly report by the Mexican Agricultural and Fisheries Information Service (SIAP) showed on Friday July 19.
Wheat planting in Argentina for the 2024/25 crop year advanced by 2.1 percentage points to 95% of the projected area of 6.3 million hectares during the week to Wednesday July 17, the Buenos Aires Grains Exchange (BAGE) said in its weekly crop report update on Thursday July 18.
US weekly net sales of corn totaled 437,800 tonnes for the 2023/24 crop year during the week to July 11, down by 19% from the previous week and by 10% from the prior four-week average, according to data from the US Department of Agriculture released on Thursday July 18.
US weekly ethanol production increased by 52,000 barrels per day to 1.106 million bpd in the week ended July 12, the highest level since the week ended December 22, 2023, according to data published by the US Energy Information Administration (EIA) on Wednesday July 17.
Export inspections of US corn increased by 5% to 1,078,911 tonnes during the week to Thursday July 11, near the top range of analysts' estimates, data from the USDA released on Monday July 15 showed.
Canada's top crop-growing regions recorded variable rain over the week but overall drier conditions were reported, revealing poorer topsoil and subsoil conditions following excessive showers last week, as reported in local provincial reports collated by Fastmarkets.
The USDA expects larger supplies, higher consumption, more exports and lower ending stocks for the US 2024/25 new corn crop compared with June’s projections, according to the agency’s monthly update to its influential World Agricultural Supply and Demand Estimates (WASDE) report on Friday July 12.
US weekly net sales of corn totaled 538,300 tonnes for the 2023/24 crop year during the week to July 4, up by 51% from the previous week but down by 13% from the prior four-week average, according to data from the US Department of Agriculture (USDA) released on Thursday July 11.
Industry participants polled by Fastmarkets ahead of the USDA’s monthly World Agricultural Supply and Demand Estimates...
US growing crop conditions improved for major crops in the week to Sunday July 7, with ratings ahead of last week and last year, the USDA’s latest weekly crop progress report showed on Monday July 8.
Export inspections of US corn increased by 23% to 1,023,905 tonnes during the week to Thursday July 4, up from 831,195 tonnes during the previous week, data from the USDA showed on Monday July 8.