Latest news with #NASS
Yahoo
22-07-2025
- Business
- Yahoo
Wheat Attempting Turnaround Tuesday
All three wheat markets are higher at midday on Tuesday after settling lower on Monday. Wheat pushed lower across the three markets on Monday, led by spring wheat. Chicago SRW is up 4 to 7 cents after CBT prices were 3 to 4 cents lower on Monday. Preliminary open interest showed new selling interest up 2,270 contracts. KC contracts were 3 to 4 cents in the red at the close, but 5 to 8 higher in middle of Tuesday trade activity. Preliminary OI suggested a rotation of ownership, up just 38 contracts. MPLS spring wheat was down 8 to 9 cents yesterday, but up 4 to 7 cents here on Tuesday. NASS Crop Progress data released after the Monday close showed 73% of the US winter wheat crop harvested by Sunday, 1 point ahead of the average pace. Spring wheat development was 1% behind normal at 87% headed. Condition ratings for the northern crop were down 2% to 52% gd/ex, as the Brugler500 index was down 7 for the week to 338. More News from Barchart Brazil Coffee Harvest Pressures Slam Coffee Prices Brazil Coffee Harvest Pressures Hammer Prices Cocoa Prices Rally as the Pace of Ivory Coast Cocoa Exports Slows Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! The Wheat Quality Council Tour starts today and will generate some social media reports on spring wheat prospects. The Russian ag ministry estimates the country's wheat crop at 88-90 MMT for this year, still above some private estimates and the USDA. Sep 25 CBOT Wheat is at $5.50, up 7 3/4 cents, Dec 25 CBOT Wheat is at $5.69 3/4, up 6 1/2 cents, Sep 25 KCBT Wheat is at $5.34 1/2, up 8 3/4 cents, Dec 25 KCBT Wheat is at $5.56, up 7 3/4 cents, Sep 25 MGEX Wheat is at $5.93 3/4, up 7 1/4 cents, Dec 25 MGEX Wheat is at $6.13 3/4, up 5 1/4 cents, On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Fibre2Fashion
15-07-2025
- Business
- Fibre2Fashion
Global cotton output, stocks & consumption raised for 2025-26: WASDE
Global cotton output for the marketing season 2025-26 is estimated at 118.42 million bales (each weighing 480 pounds or 208.65 kg) in the July 2025 World Agricultural Supply and Demand Estimates (WASDE) report by the United States Department of Agriculture (USDA). It has been raised from 116.99 million bales estimated in the June report. The 1.43 million bale increase is driven by a 1 million-bale rise in China's crop, a 600,000-bale increase in the US crop, and a 100,000-bale rise in Mexico's crop, partially offset by reductions in Pakistan and Egypt. USDA's July 2025 WASDE report raises global cotton production for 2025â€'26 to 118.42 million bales, up 1.43 million from June, led by higher output in China, US and Mexico. Consumption and ending stocks also rose, while imports, exports, and beginning stocks were revised down. US production is forecast at 14.60 million bales. The season-average upland price remains unchanged at 62 cents per pound. However, estimates for cotton imports, exports, and beginning stocks have been revised downward. Global consumption has been raised by 365,000 bales to 118.12 million bales, with increases in Pakistan and Mexico partially offset by reductions in Italy and Germany. Global exports are lowered by 100,000 bales to 44.69 million bales. Beginning stocks for 2025–26 are reduced by 510,000 bales to 76.78 million bales, reflecting lower stock levels in the United States and China and minor adjustments elsewhere. Ending stocks for 2025–26 are projected at 77.32 million bales, up 520,000 bales from the previous estimate, as higher production more than offsets the increase in consumption and the reduction in beginning stocks. The July 2025 WASDE report for 2025-26 for the United States also shows higher production and ending stocks, lower beginning stocks, and unchanged consumption and import estimates compared to the June report. Planted area has been raised to 10.12 million acres, based on the NASS June Acreage report. Harvested area is up by 6 per cent to 8.66 million acres, reflecting both higher planting and lower abandonment in the Southwest, which is partially offset by higher abandonment in the Southeast. The national average yield for 2025–26 is reduced by 1 per cent to 809 pounds per harvested acre, as reduced abandonment in the Southwest leads to the harvesting of more lower-yielding dryland acres. As the increase in harvested area exceeds the reduction in yield, the production forecast is increased by 600,000 bales compared to June's projection, reaching 14.60 million bales—up from 14.41 million last year. Beginning stocks for 2025–26 are lowered by 300,000 bales following a corresponding increase in projected exports for 2024–25. These revisions result in an estimated ending stock of 4.60 million bales for 2025–26, up 300,000 bales from last month, translating to a stocks-to-use ratio of 32.4 per cent. The projected season-average upland price for 2025–26 remains unchanged at 62 cents per pound. Fibre2Fashion News Desk (KUL)
Yahoo
03-07-2025
- Business
- Yahoo
Soybeans Looking at Mixed Action on Tuesday
Soybeans are trading with contracts steady to 2 cents lower in the front months and nearing penny gains in the new crop. There were 503 deliveries issued overnight. The cmdtyView national average Cash Bean price is doupwn 7 3/4 cents at $9.89 3/4. Soymeal futures are down $2.40 so far on the day, as Soy Oil is up 95 points. Another 642 contracts were issued for delivery overnight for July bean meal, with just 7 for July bean oil. The NASS Crop Progress report tallied 94% of the US soybean crop emerged, with 17% blooming and 3% setting pods, both 1 point ahead of the 5-year average pace. Crop ratings were steady at 66% good/excellent, with the Brugler500 index improving 1 point on a shift from good to excellent at 368. Across the 18 major states, AR was up 11, LA 15 points higher, SD up 10 points, SD 9 points improved, and OH up 2. Ratings in IL were down 14 points, with IN dropping 5 and MN 3 points worse. Coffee Prices Sharply Lower on Abundant Rainfall in Brazil Sugar Prices Plunge as NY July Futures Contract Expires Cocoa Prices Settle Mixed on Currency Fluctuations Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! USDA's Grain Stocks report from Monday morning showed 1.007 bbu of soybean stocks on June 1. That was 37 mbu larger compared to the year prior and well above estimates of 974 mbu. The annual Acreage report showed 83.38 million acres of soybeans planted, which was shy of the trade estimates of 83.5 million soybean acres and 115,000 acres below the March Prospective Plantings report. Ahead of this afternoon's Fats & Oils report, the trade is looking for 204.9 mbu of soybeans crushed during May. Brazilian exports were estimated at 13.93 MMT in June according to ANEC, which was a 0.1 MMT increase from their previous number. StoneX estimates the Brazilian soybean crop at 168.75 MMT, a 0.5 MMT increase from their prior number. Jul 25 Soybeans are at $10.22 3/4, down 1 1/2 cents, Nearby Cash is at $9.89 3/4, up 7 3/4 cents, Aug 25 Soybeans are at $10.29, down 3/4 cent, Nov 25 Soybeans are at $10.27 1/4, up 1/4 cent, New Crop Cash is at $9.79 1/2, up 3 cents, On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
02-07-2025
- Business
- Yahoo
Soybeans Post Marginally Mixed Trade on USDA Report Day
Soybeans closed the Monday session mixed with nearby contracts down 3 ¾ cents and new crop up 2 to 3 cents. The cmdtyView national average Cash Bean price is down 3 3/4 cents at $9.81 1/2. Soymeal futures were up 20 cents to $1.30 higher on the day, as Soy Oil was up 6 to 17 points. A private export sale of 204,000 MT of soybean meal was reported by the USDA this morning for 2025/26 to unknown destinations. Coffee Prices Fall on Abundant Rainfall in Brazil Coffee Prices Sharply Lower on Abundant Rainfall in Brazil Sugar Prices Plunge as NY July Futures Contract Expires Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! The NASS Crop Progress report tallied 94% of the US soybean crop emerged, with 17% blooming and 3% setting pods, both 1 point ahead of the 5-year average pace. Crop ratings were steady at 66% good/excellent, with the Brugler500 index improving 1 point on a shift from good to excellent at 368. USDA released their Grain Stocks report this morning, showing 1.007 mbu of soybean stocks on June 1. That was 37 mbu larger compared to the year prior and well above estimates of 974 mbu. The annual Acreage report showed 83.38 million acres of soybeans planted, which was shy of the trade estimates of 83.5 million soybean acres and 115,000 acres below the March Prospective Plantings report. Export Inspections data showed 224,787 MT (8.26 mbu) of soybeans shipped in the week that ended on June 26, which was up 11.4% from the week prior, but still down 29.7% from the same week last year. Mexico was the top destination of 113,190 MT, with 38,485 MT headed to Japan. Marketing year shipments have totaled 45.851 MMT (1.685 bbu) since September 1, 10.3% larger yr/yr. Jul 25 Soybeans closed at $10.24 1/4, down 3 1/2 cents, Nearby Cash was $9.81 1/2, down 3 3/4 cents, Aug 25 Soybeans closed at $10.29 3/4, down 3 1/2 cents, Nov 25 Soybeans closed at $10.27, up 2 1/4 cents, New Crop Cash was $9.76 3/4, up 2 1/2 cents, On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
01-07-2025
- Business
- Yahoo
Soybeans Pushing Lower on Tuesday AM Trade
Soybeans are trading with contracts falling 8 ¾ to 11 ½ cents in early trade. Futures closed the Monday session mixed with nearby contracts down 3 ¾ cents and new crop up 2 to 3 cents. Preliminary open interest was up 11,305 contracts on Monday. There were 503 deliveries issued overnight. The cmdtyView national average Cash Bean price is down 3 3/4 cents at $9.81 1/2. Soymeal futures were up 20 cents to $1.30 higher on the day, as Soy Oil was up 6 to 17 points. Another 642 contracts were issued for delivery overnight for July bean meal, with just 7 for July bean oil. The NASS Crop Progress report tallied 94% of the US soybean crop emerged, with 17% blooming and 3% setting pods, both 1 point ahead of the 5-year average pace. Crop ratings were steady at 66% good/excellent, with the Brugler500 index improving 1 point on a shift from good to excellent at 368. Coffee Prices Fall on Abundant Rainfall in Brazil Coffee Prices Sharply Lower on Abundant Rainfall in Brazil Sugar Prices Plunge as NY July Futures Contract Expires Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! USDA's Grain Stocks report from Monday morning showed 1.007 bbu of soybean stocks on June 1. That was 37 mbu larger compared to the year prior and well above estimates of 974 mbu. The annual Acreage report showed 83.38 million acres of soybeans planted, which was shy of the trade estimates of 83.5 million soybean acres and 115,000 acres below the March Prospective Plantings report. Export Inspections data showed 224,787 MT (8.26 mbu) of soybeans shipped in the week that ended on June 26, which was up 11.4% from the week prior, but still down 29.7% from the same week last year. Mexico was the top destination of 113,190 MT, with 38,485 MT headed to Japan. Marketing year shipments have totaled 45.851 MMT (1.685 bbu) since September 1, 10.3% larger yr/yr. Jul 25 Soybeans closed at $10.24 1/4, down 3 1/2 cents, currently down 8 3/4 cents Nearby Cash was $9.81 1/2, down 3 3/4 cents, Aug 25 Soybeans closed at $10.29 3/4, down 3 1/2 cents, currently down 11 1/2 cents Nov 25 Soybeans closed at $10.27, up 2 1/4 cents, currently down 10 3/4 cents New Crop Cash was $9.76 3/4, up 2 1/2 cents, On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
