At the end of 2008/09, there will be more corn but fewer soybeans on
hand than analysts were expecting, USDA reported early Friday. With a
demand-driven, 45-percent year-over-year drawdown in U.S. corn ending stocks,
however, that market's bullish trend is expected to continue, according to DTN
Analyst Elaine Kub.
See DTN Ag News. BFull Story...
House and Senate negotiators on Thursday declared they have a farm
bill that could see a final vote next week, but President Bush's key men on the
farm bill declared the president will veto the legislation.
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Brazil's winter corn crop is expected to reach a record 17 million
metric tons this year compared to 5 million tons just a few years ago. While
total corn production there remains one-tenth the size of the U.S. crop, Brazil
holds the potential to go head-to-head with the U.S. in export markets.
See DTN Ag News. 1^Full Story...
Scouting for the annual hard winter wheat tour came to an end
Thursday and the results were tallied and announced at the Kansas City Board of
Trade. The final estimate for the 2008 crop was 43.3 bushels per acre based on
stops in 388 fields.
See DTN Ag News. C^Full Story...
In the scramble to secure low-cost, nutritionally viable feed options
for livestock, corn may be pricing itself out of the race. Other possible
feeding options include dried distillers grain or wheat, according to industry
experts.
See DTN Ag News. 4^Full Story...
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