AgResource Weekly Newsletter, Dec 14
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Research reports analyzing long-term structural and fundamental trends. Each report includes a detailed commodity outlook and in-depth analysis about a relevant topic for that week.
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The file has four worksheets for comparing the Dec WASDE figures for: US 2020/21 crop ending stocks, Global 2020/21 crop production, trade, and ending stocks, Argentine and Brazilian crop production, Comparison of analysts’ estimates as compiled by the different news services. If you’d like the Excel file “Crib Sheet” email tierney@agresource.com…
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StatsCan will release revised production estimates for Canada’s principal crop tomorrow (Friday) at 7:30 AM. Below is a “crib sheet” for evaluating the report. The wheat crop is expected to fall 0.5 MMT from the previous estimate to 21.2 MMT (vs USDA’s 21 MMT). The canola crop is expected to be unchanged at 12.8 MMT…
Soybean weekly exports were down 23,000 MT from the previous week. Cumulative soybean exports are up 4.8% from a year ago. USDA projects total global soybean exports to be up 4.4% from a year ago. USDA’s Nov projection was lowered 0.6% from the previous month. Corn weekly exports were up 418,000 MT from the previous week.…
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