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New crop U.S. cotton stocks climb, rice dips

The USDA made modest adjustments to the domestic new crop cotton and rice ending stocks estimates. The rice carryout for next marketing year is now pegged at 44.5 million hundredweight, down 1 million from May on a larger old crop export guess, now at... Read More.

24/25 soybean ending stocks up, wheat down, corn steady

The USDA raised the new crop ending stocks projection for soybeans, while lowering wheat and leaving corn unchanged. The 10 million bushel month-to-month rise for the 2024/25 soybean carryout to 455 million bushels followed a 10 million bushel reduction in 2023/24 crush to 2.29... Read More.

Quarterly stocks mostly up on year

U.S. corn stocks on March 1st were a little bit tighter than what analysts were expecting, while soybeans and wheat topped estimates. The USDA says corn stocks halfway through the marketing year were 8.347 billion bushels, just under the average pre-report guess, but still... Read More.

Ethanol stocks hit 53-week high

U.S. ethanol stocks hit a more than one-year high last week. The U.S. Energy Information Administration says the domestic supply of 26.092 million barrels was a 53-week high, up 83,000 on the week and 565,000 on the year, with the Midwest stockpile at its... Read More.

Ethanol production, stocks up slightly on week

U.S. ethanol production and the domestic supply were both modestly higher. The U.S. Energy Information Administration says production averaged 1.046 million barrels a day, up 22,000 on the week and 49,000 on the year, staying ahead of the USDA’s expected pace for the current... Read More.

Ethanol production, stocks dip slightly

Ethanol production trickled lower last week, while stocks got a little tighter. The U.S. Energy Information Administration says production averaged 1.024 million barrels a day, the lowest since late January and a decline of 33,000 on the week, but a rise of 10,000 on... Read More.

U.S. wheat ending stocks up, corn and soybeans hold

March’s USDA supply and demand update was fairly quiet for U.S. corn, soybeans, and wheat. U.S. wheat ending stocks were up from February on the dismal export demand, while corn and soybean ending stocks were unchanged. The USDA also trimmed the average estimated 2023/24... Read More.

U.S. cotton, rice ending stocks down modestly

The USDA tightened the domestic balance sheets for cotton and rice just a little bit. U.S. rice ending stocks are pegged at 41.5 million hundredweight, 1 million below February on a higher export estimate, now at 88 million tons. The average 2023/24 farm price... Read More.

Ethanol stocks inch closer to one year high

The U.S. ethanol supply is the largest in nearly a year. The U.S. Energy Information Administration says domestic stocks are the biggest in the last 50 weeks at 26.051 million barrels, an increase of 29,000 on the week and 731,000 on the year. The Renewable... Read More.

2023 red meat, poultry, dairy stocks down from 2022

2023 ended with tighter supplies of red meat and poultry in cold storage than 2022. The USDA says the red meat total at the end of last year was 929.03 million pounds, 99.198 million pounds less than the previous year, largely due to better... Read More.

Ethanol stocks near one year high

U.S. ethanol stocks swelled last week as production moved modestly lower. The U.S. Energy Information Administration says the domestic supply of ethanol was the largest since mid-March of 2023 at 26.022 million barrels, an increase of 520,000 on the week and 1.247 million on... Read More.

Red meat, poultry stocks in cold storage tighten

Red meat and poultry stocks in cold storage at the end of January were below year ago levels. That’s due to a combination of lower rates of production and solid demand. The USDA says red meat stocks were 964.835 million pounds, down 11% from... Read More.