Grains correct after USDA’s end of September reports. September 29, 2023
At the end of September USDA issues two reports, quarterly Grain Stocks and the annual Small Grains Summary. The Grain Stocks report is a count of old crop remaining as of September 1. For corn and soybeans this puts the stamp on official ending stocks for the completed 2022/23 marketing year. USDA, through the September 12 monthly supply/demand report, has been making estimates. For wheat this represents old crop remaining after one quarter of use. USDA’s survey included 55,900 producers of all types of grains and 8,100 storage and processing facilities for this year’s report. The second report, Small Grains Summary, revises official production for wheat, barley, oats and rye. Producer surveys and objective yield data from 10 states was noted.
Please login to your premium subscription to view this content in its entirety.
Post Archives
Allendale Insider
Allendale Insider
On The Go
On The Go
Market Movers
-
SA maps still look solid for rains in the 10 day
December 1, 2023
-
Trade expects strong exports and more 8 AM announcements
November 30, 2023
-
Open interest continues to fall drastically
November 29, 2023
-
Overnight reacting to slow BRA planting pace and may be looking for new China buying
November 28, 2023
-
Trade Holds On To Hope Of China Purchases
November 27, 2023
Market Movers
December 1, 2023
November 30, 2023
November 29, 2023
November 28, 2023
November 27, 2023
Snapshots
Snapshots