September 2007 - Posts

Intial Post-report, 9-28-07

USDA data: Stocks> Corn=1.304 bil bushels, 158 mil above the average guess Soybeans= 573 mil bushels, 20 mil above the average guess Wheat=1.717 bil bushels, 116 mil below the average guess Wheat Production> All Wheat=2.067, 51 mil below the average

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USDA Report, 9-12-07

**USDA Report Data> US Corn= 13.308, (155.8) vs estimates of 13.128, range= 12.767-13.416, Aug USDA= 13.054, 2006= 10.535 2007-08 Corn Carryout= 1.675 vs 1.529 avg, range= 1.180-1.724 US Soybeans= 2.619 bil (41.4) vs 2.650 avg (41.9 bpa), range= 2.562-2.740,

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Corn Yield

1:15 pm, 9-10-07 Irrigated corn south of York, NE... 225-230 bpa, better than expected. Duane

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Minnesota Soybean Yield Report

9-10-07, 11:45 am, Mankato, MN This area was very dry all year. Soybeans described as very short and expected no more than 40 bpa. Actual harvest results on 21 acre field was 58 bpa.

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Informa Estimates

Informa pegs US corn yield at 156.0 and US soybean yield at 42.1 bpa.

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FCStone Estimates

3:15 pm, FCStone pegs US corn production at 13.062 bil bushels (152.9 bpa). FCStone pegs US soybean production at 2.682 bil bushels, (42.4 bpa).

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Monday Night Grain Outlook, 9-3-07

9-3-07, at 3:07 pm, India purchased 795 tmt wheat. European wheat futures were up sharply today, but failed to match Friday's highs. Australian and Argentine weather forecasts are improved from Friday's expectations. US corn yield reports continue

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