USDA Shows Grain Surplus On Friday, the USDA released its quarterly grain stockpile estimates, tallying U.S. inventories of corn, wheat and soybeans. Nationwide wheat stockpiles on September 1 were higher than expected, surpassing 2.5 billion…
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Oats Drift Down
Oats, which are one the cheapest of all commodities traded in the U.S., have continued to decline in value since making a record high back in 2014. The long fall, which began at $6.00 per…
Grains Brace for USDA Report
Grain prices climbed during the week, rallying in anticipation of next Monday’s USDA report. The monthly tally will show the agency’s best guess at the size of this year’s corn and soybean crops, which were…
Wheat Slices Lower
Chicago wheat prices collapsed below $3.85 per bushel this week, the lowest level in almost a decade. Prices are falling after a bountiful U.S. wheat harvest adds to a record-high global grain stockpile. For many…