USDA – Compared with two weeks ago, trade activity light on moderate demand for feed grade corn, soybeans and wheat.
Feed corn traded 51 cents higher with higher premiums received in IN, MI and OH. No trend available on feed grade soybeans and wheat due to a lack of comparable trades. Bid prices for feed grade corn and soybeans reflect short supplies of old crop.
Trade inactive on all other organic grains.
NASS National Crop Progress percentages for the week ending June 3, 2018:
- Corn planted 97 per cent, emerged 86 per cent
- Soybeans planted 87 per cent, emerged 68 per cent
- Sorghum planted 61 per cent
- Winter wheat headed 83 per cent, harvested 5 per cent
- Spring wheat planted 97 per cent, emerged 81 per cent
- Oats planted 98 per cent, emerged 90 per cent, headed 31 per cent
- Barley planted 97 per cent, emerged 82 per cent.
To see the full market report courtesy of the USDA, click here.
*All prices listed in US dollars