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Crop Conditions Surpass Five-Year Average
The National Agriculture Statistics Service (NASS) released its ninth crop conditions report for the 2008 corn crop. Pre release estimates suggested good to excellent corn conditions to come in a range of 64-66%. NASS estimates the July 27 conditions at
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Listen in on the weekly Allendale Research Meeting that is held each Monday afternoon following the close of the grain trade for their brokers. Hear insight from Allendale's Research Team and what they have to say about upcoming trades for the week.
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Spring Wheat Conditions Decline
USDA estimates spring wheat good to excellent ratings at 60% this week compared to week earlier levels of 63% good to excellent. Year earlier levels were at 68% good to excellent. Allendale views this spring wheat crop condition report as neutral to sli
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Catch the latest updates at 8:30 a.m. from Allendale's President Paul Georgy. Then at 11:00 a.m. listen to Allendale's Vice-President Bill Biedermann discuss current market conditions and his views of the market.
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Ethanol Production Continues To Grow
The Energy Information Administration (EIA) has released its most recent ethanol production and ending stocks data for the month of May. The EIA showed its month of May ethanol production estimate at 18.543 million barrels versus a previous record 17.4 m
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Market Reacts To Cattle On Feed Report
Last Friday's Cattle on Feed report suggests less than anticipated marketing's took place last month as USDA showed them as 92% compared to the trade average estimate of 95.1%. If there was a surprise in the Mid-year inventory report it is the fact liqui
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