Summary: If StoneX’s (INTL FCStone) corn estimate is too high, the median error (in years when the StoneX’s estimate was too high) was 1.6%. Based on StoneX’s estimate of 15,320 Mil Bu, that would equate to about 252 Mil Bu less – – or 15,068 Mil Bu. USDA’s July WASDE corn Read More
From the Desk of – Todd Parker – Penny-Newman Grain
Cottonseed prices are unchanged to start the week. Origin values have traded sideways for the second week. Texas is at $260 old and $250 new, The Delta States are at $225 old and $215 new, and the Eastern States are Read More
Margins improved significantly over the first half of May following a strong recovery in milk prices due to optimism stemming from
government intervention to aid the dairy sector. USDA announced that it would spend $317 million between May 15 and June 30 on
dairy products, and $175 million for food donation Read More
Note this is where we have gone with Soymeal since January and we still have about $40.00 to go…..