Tag: Welch on Grain
Welch on Grain: Domestic, Global Corn Production Increases Offset by Increased Consumption Oct 13, 2017
Market Situation WASDE. Today’s World Agricultural Supply and Demand Estimates showed another increase in the average yield of the U.S. corn crop, up 1.9 bushels per acre to 171.8. This […]
Welch on Grain: Corn Stocks Below Expectations, Still Well Above Average Oct 3, 2017
Market Situation Grain Stocks. The Grain Stocks report from USDA last week showed corn in all positions as of September 1 at 2.295 billion bushels, up 32 percent over last […]
Welch on Grain: Strong Demand for Cattle, Poultry Feed Sep 26, 2017
Market Situation Crop Progress. The crop condition index for U.S. corn increased one point this week, very close to normal levels and consistent with seasonal patterns. The crop index this […]
Welch on Grain: Corn, Sorghum Exports Start Marketing Year Off Strong Sep 19, 2017
Market Situation Crop Progress. The crop condition index for U.S. corn was unchanged again this week at 357. There were no changes in any of the rating categories for the […]
Welch on Grain: USDA Raises Corn Yield, Ending Stocks Sep 13, 2017
Market Situation WASDE. The surprising feature in the U.S. corn numbers in today’s World Agricultural Supply and Demand Estimates was an increase to the average yield. USDA lowered the yield […]
Welch on Grain: A Week of Export Cancelations Sep 11, 2017
Market Situation Crop Progress. The crop condition index for U.S. corn dropped 4 points this week to 357. There was a 1 percent increase in corn rated very poor and […]
Welch on Grain: Corn Exports Surpass USDA Projections; Sorghum Still Lagging Sep 1, 2017
Market Situation Crop Progress. The crop condition index for U.S. corn held steady this week at 361. The average index rating for late August is 358. After tracking just below […]
Welch On Grain: Any Room For Late-Season Rally? Aug 25, 2017
The list of major corn producing states with double digit ratings of poor and very poor held at 8 this week (% change from last week): Illinois, 14% (+3%), Indiana, […]
Welch on Grain: Ethanol Production Remains Strong; Drought Affecting More Corn Aug 8, 2017
Market Situation Crop Progress. The U.S. corn crop condition index slipped another point this week to 356. The changes reported today were a 1% increase in the fair category and […]
Welch on Grain: Corn Demand Remains Strong; 15% of Crop Affected by Drought Aug 1, 2017
Market Situation Crop Progress. The U.S. corn crop condition index slipped another 2 points this week to 357. The changes reported today were a 1% increase in the poor category […]