Corn and soybean futures firmed in reaction to the report that sets 2015-16 corn carryover at 1.738 billion bu. and soybean carryover at 197 million bushels.
Pro Farmer’s Julianne Johnston provides closing market commentary.
Today was "reset" day with the Quarterly Grain Stocks Report setting final carryover levels for 2015-16 corn and soybeans.
The United States [all wheat] yield is estimated at 52.6 bushels per acre, up 9 bushels from the previous year and represents a new record high.
See how USDA's report data compares to pre-report expectations and year-ago levels.
Eligible producers will be receiving payments under the Price Loss Coverage (PLC) program for 2015 crops of corn, grain sorghum and canola, but no PLC payments will be generated for 2015 crops of soybeans, dry peas and lentils.
Our MarketWatch table features monthly and quarterly price outlooks, along with weekly prices for a wide range of ag markets.
Why does the Panama Canal expansion matter to a farmer like me, in south central Wisconsin? Without it, American farmers would have a much harder time exporting what we grow to the rest of the world.
Warmer temps ahead for central and eastern U.S.
Wheat sales were at the top end of expectations and corn sales were a disappointment.
As of Friday, September 30 2:08 PM
Overcast
Feels Like 64°