giovedì 26 giugno 2014

rapporto pre USDA-


Lunedi esce un importante rapporto USDA,sul quale si definiranno i prezzi dei cereali per tutta l'estate-
I dati di marzo sul grano con  molte probabilità risulteranno sballati,e anche le rese saranno riviste- 

Intanto,siamo al secondo giorno di trebbiatura,il meteo continua a fare le bizze,i primi risultati sono peggio delle previsioni,rese inusuali per il mio areale e qualità pessima-



Pre-USDA Acreage & Stocks Talk

 [ Edited ]
Big (record) acreage, tight old-crop stocks, seems to be the consensus of the trade's thoughts on Monday's Report. What about you?

Here is what Allendale Inc. is thinking:

"In each of the past five late planted years corn acres increased on the June Acreage report. Other factors, more than planting pace, determine June acreage. From March 1 to May 15 the potential corn revenue per acre increased by $15. During the time the potential soybean revenue increased by $22 per acre.

Corn planted acres are expected to increase 385,000 from USDA's March Prospective Plantings survey. This is the fourth largest acreage in modern times.

Soybean acres are expected to increase by 1.711 million acres. This is a record soybean planting.

Wheat acres are seen 194,000 lower than the March survey. A reduction in spring wheat, of 151,000 acres, was responsible for most of the change. This is the second lowest acreage in 40 years," Allendale Inc. stated in a pre-report statement.

                                                             
Prospective Plantings in million acres
                        
                   March
                USDA 2014            Allendale
Corn              91.696               92.081        
Soybeans          81.493               83.204          
All Wheat         55.815               55.621        
Winter Wheat      42.007               41.961        
   Hard Red       30.200               30.183
   Soft Red       8.430                8.456
   White          3.350                3.322
Durum             1.799                1.802          
Other Spring      12.009               11.858        
   Hard Red       11.300               11.156
   White          .709                 .702

Quarterly Grain Stocks in billion bushels

          06/13   03/14      Allendale
Corn      2.766   7.006        3.646               
Beans     .435    0.992        .344             
Wheat     .718    1.056        .593     

Mike


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