Ben Potter
Senior Editor, Farm Futures at pentonmediagroup.com
Senior Editor, Farm Futures at Farm Progress
I write about science, business and other topics relevant to agriculture. World champion of the Fayettenam 7K. #MizzouMade
Articles
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3 days ago |
farmprogress.com | Ben Potter
USDA’s latest crop progress report, out Monday afternoon and covering the week through April 20, is giving traders more and more data to digest as the season gets more solidly underway. Of particular note, corn and soybean plantings were a bit speedier than analysts had predicted, while winter wheat quality was worse than expected. Corn plantings moved from 4% completion a week ago up to 12% through Sunday. That was two points above the average trade guess.
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3 days ago |
farmprogress.com | Ben Potter
USDA’s latest grain export inspection report, out Monday morning and covering the week through April 17, held mostly bullish data for traders to digest. Of particular note, corn and wheat volumes shifted above the entire set of analyst estimates. Soybeans found rangebound results after fading slightly lower week-over-week. Corn export inspections fell slightly below the prior week’s pace but were still relatively strong after reaching 67.0 million bushels.
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1 week ago |
farmprogress.com | Ben Potter
Soybean and wheat volume capture rangebound results. USDA’s latest export sales report, out Thursday morning and covering the week through April 10, held mostly bullish data for traders to digest. Corn led the way again after moving moderately ahead of the prior four-week average and staying toward the higher end of analyst estimates. Soybean volume was also significantly higher week-over-week, and wheat volume inched slightly above the prior four-week average.
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1 week ago |
farmprogress.com | Ben Potter
USDA’s latest crop progress report, out Monday afternoon and covering the week through April 13, showed corn and soybean plantings inching ahead this past week. The agency also reported on some other early crop data and slightly trimmed its winter wheat quality ratings. Corn plantings moved from 2% complete a week ago up to 4% through Sunday. Analysts had offered an average trade guess of 5%, which also mirrors the prior five-year average.
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2 weeks ago |
farmprogress.com | Bruce Blythe |Ben Potter
Soybeans also rally, though supply and demand brings mixed bag. Corn futures briefly extended a recent rally to six-week highs after USDA’s monthly supply and demand update showed a larger-than-expected cut to U.S. stockpiles later this year. Soybean futures also gained after USDA lowered U.S. ending stocks.
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I hope everyone in Rolla is doing well and we can laugh even in the face of tragedy. Doing a parade 15 hours after a tornado rips through town is WILD. #rollamo #mowx #missouri #bestever #StPatricksDay https://t.co/As3b52uDDe
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