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Weekly Crop Progress Report
The National Ag Statistics Service released its second of 2008 crop progress and conditions report after the close Monday. The trade was anticipating 2-3% of the corn crop planted, versus a five-year average of 7%. NASS estimates corn planting presently
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Bullish Corn….Strategy Update
The USDA Acreage intention report was incredibly bullish. Coming in right at the Allendale acreage survey of 86 million planted acres, it will be impossible to get 1.0 bil end stocks without reducing demand.
Follow This Link To See Allendale Recommendations…….
Weekly Grain Inspections
Each Monday mid-morning the USDA releases its "Grains Inspected for Export". USDA increased export projections by 50 million bushels in last week's supply and demand report for wheat, corn and soybeans. Using these revised export projections we can now
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Allendale wants you to share this eSnapshot with a friend. Go ahead and forward this to someone you know. Allendale strives to keep their clients informed about the markets. If you haven't opened up an account with Allendale, do so NOW.
Link To Open An Account….
Looking At Grain Fundamentals
You need to be aware that as we approach next Tuesday, the 22nd of April, the CFTC will conduct open hearings with regards to the concern of divergence between cash and futures. This date could cause a minor cooling period by the funds as we approach the
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