GraINsite @GraINsite
Grain Marketing Managed Bushel Service -Insight for your Bushels- graininsite.com Sioux Falls, SD Joined January 2024-
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Following221
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Soybean crush margins fell slightly to $2.07, this is $0.65 below the 5 year average. #OATT
Corn and soybean export inspections were lower week over week and year over year. Wheat export inspections were higher week over week and year over year. #OATT
Cattle slaughter was lower year over year but production was higher year over year. Steer carcass weights are 28 lbs. higher year over year and heifer carcass weights were 26 lbs. higher year over year. #OATT
Corn export sales were much higher week over week and year over year. #OATT
Soybean export sales were lower week over week and year over year. #OATT
Wheat exports were higher week over week but lower year over year. #OATT
Ethanol production was lower week over week and year over year. Ethanol stocks dropped week over week but were higher year over year. #OATT
Corn export inspections were higher week over week and much higher year over year. Corn export inspections for the year are out pacing last years by 35%. Soybean and wheat inspections were lower week over week but higher year over year. #OATT
Cattle on Feed report estimates released this afternoon at 2pm CST. Largest surprise from pre-report estimates was placement being 4.4% below estimate. #OATT
Corn export sales were much higher week over week and year over year.
Soybean export sales were higher week over week and much higher year over year. #OATT
Ethanol production and stocks were lower week over week. Production was lower year over year with stocks higher year over year. #OATT
Soybean crush margins remained relatively steady at $2.22. That is $0.50 below the 5-year average of $2.72. #OATT
Wheat inspections were higher week over week and year over year. Corn inspections were lower week over week but higher year over year. Soybean inspections were lower week over week and year over year. #OATT
Cattle slaughter and production were again down week over week and year over year. Dressed weights remain very heavy with steer dressed weights 25 lbs. above a year ago and heifer dressed weights 19 lbs. above a year ago level. #OATT
US Ending stocks versus a year ago and 5-year average levels. #OATT
World ending stocks versus a year ago and 5-year average levels. #OATT
USDA released their WASDE estimates this afternoon. #OATT
USDA is releasing their monthly WASDE report at 11 am CST. Here are the average analyst estimates. #OATT
LaurenWhitman @tm7FHH919fIA9
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🇺🇸U.S. #wheat export sales for 2024/25 (2.15 mmt as of April 18) are on an efficient pace for the date. Big difference from the lousy year-ago volumes. 35% of that is hard red spring (5yr avg share for the date is 24%) and 16% is hard red winter (5yr avg of 30%).
🇺🇸After two years of dreadfully slow U.S. spring #wheat planting, last week's progress was well above average, lifting planting to 34% complete by April 28 from 15% a week earlier. Top grower North Dakota was 20% done (vs 11% avg and 31% in 2021).
Best thing to see in the field is your shadow. Out checking seed treatment trials with @thefarmergrayce
You gained a couple new followers today, but what did you do for Gods following
There's those who go above & beyond. It's hard to express enough appreciation for them. We're personal friends with our family doctor. (Regularly hang out with her & her family) Our oldest daughter has been to the ER three times in the past couple weeks. Her little 6 yr old…
Heavenly Father, I look to you for my daily strength and power to complete what you have in store for me today. With you working in me, I know that I have strength for all that I will face. Please prepare me for the things I will encounter throughout my day. I ask for boldness…
A handful of miles away from where I grew was an old round barn. Curious about these structures in the US, I traveled down the round barn rabbit hole. THREAD:
Soybean crush margins fell slightly to $2.07, this is $0.65 below the 5 year average. #OATT
Corn and soybean export inspections were lower week over week and year over year. Wheat export inspections were higher week over week and year over year. #OATT
@Bkitch1Bodie @jeremyarm Ryan calling u for advice 😂🤣 let’s hear what this deal is… I like green and my new tractor is on its 2nd new transmission so why not 🤦🏼♀️😭
@jeremyarm @cf_farms7 Well I heard successful ppl run together. I’m just trying to hang around Ryan so I can be successful one day! We jus formed a farming partnership to do you can get us a mud discount on both our 9620RX
Fats got in with the calving cows. I remember my fathers words vividly: Lost an hour of church in 10 minutes sorting hogs on a Sunday afternoon. In this case … fats out of the pairs Coveralls feel nice tho
Chart of the Week: #Corn CFTC Commitments of Traders (Legacy, Futures Only) Short covering seen in corn futures was impressive, tho not surprising. From Tues-to-Tues: May gained 12.0 cents July gained 9.75 cents Funds reportedly covered 34,731 short contracts & added 9,958 longs