Jerry Gidel | TalkMarkets | Page 3
Senior Account Executive, Grain Strategist
Mr. Gidel an Agricultural Economist with extensive experience in the brokerage industry analyzing and trading futures and options prices. Jerry began his career in 1977 as a Feedgrain Analyst & Consultant at FGL after completing graduate studies at Iowa State University in Agricultural ...more

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A Big US Crop & Lower Exports Vs. The Size Of Brazil’s 2nd Crop
The US corn planting pace, Brazil’s safrina corn crop prospects, and Ukraine’s grain export capabilities will be major factors in the world’s corn market.
Pre-May US/World Soybean Update
Argentina’s smaller 2023 crop has turned the focus towards a good US crop. South America’s soybean output will be highly involved when the USDA revises its old-crop demand levels & initiates their first 2022/23 US/World crop & S&Ds on May 12.
US Corn & Soybean S&Ds Unchanged Despite Lower S Am Crops
After no USDA demand changes for soybeans and corn, the market focus will now switch to 2023/24’s US and World crop output potential.
2022 US Plantings Were Mixed, But March Corn & Bean Stocks Were Lower
Last week’s 2022 US planting intentions provided some surprises when the survey revealed higher corn plantings, unchanged in soybeans seedings & even higher winter wheat plantings than the trade expected.
US Planting Intentions/Q-STKS
The USDA provided surprises in both US planting intentions & their quarterly stocks reports. DC’s producer survey revealed higher corn plantings & smaller soybean and spring wheat seedings than the trade expectations.
Reaction To USDA's March 2023 Prospective Plantings And Grain Stocks
The USDA’s planting intentions stocks reports again provided some unexpected surprises, there were twists in both the US Planting survey and quarterly stocks reports that impacted prices, particularly in soybeans.
Strong Ag Prices Could Return Total US Plantings To Recent Levels
The USDA’s Planting Intentions report has produced some unexpected surprises over the years. This year’s soybean trade planting range of 2.3 million acres is the lowest since 2007.
Pre-March Corn Stock Update
The corn market’s focus will be split on March 31 between the USDA’s prospective plantings & quarterly stocks reports next week. The US quarterly stocks are important updates on how US demand has performed during the 1st half of the crop year.
Strong 1st Half Exports & A Smaller US 2022 Crop Tightens Stocks
The USDA’s March 1 soybean stocks will be the first check if 2022’s crop size is on target. This quarter’s residual and June’s quarterly stocks will determine if a crop size change is needed.
March S&D Updates: Despite Big Cuts In Argentina Crops, Modest World Stock Changes
The USDA slashed Argentina soybeans & corn crops as 2023’s drought continues to impact their outputs. However, the World Board didn’t change their world ending stocks dramatically as they moderated both crops demand levels.
Pre-March US/World S&D Reports
The USDA’s next US & World supply/demand & South American crop updates will be on March 8. Because of continued heat & dryness in Argentina & Southern Brazil, the USDA could decrease South America’s soybean output another 6-8 mmt.
In Grains South America’s Weather Is The Focus
Because of heat and dryness during January, the World Board cut both of Argentina’s soybean and corn outputs sharply and below the trade’s pre-report averages. Brazil’s crop levels were unchanged.
Pre-February US/World S&D Reports And S. American Crop
After finalizing their US demand numbers last month, the Ag Department normally doesn't make many adjustments to their Feb balance sheets.
Lower US Corn & Soybean Crops, But WW Plantings Jump Big
The USDA’s final US crops and US/world S&Ds returned to their traditions of having some startling numbers in January data. Both US corn and soybean crop sizes were lower than trade estimates.
Modest US Major Crop Stock Changes, But Focus On South American Crop Weather
Russia’s invasion of Ukraine turned 2022’s world agricultural markets upside down with grain & oilseed prices nearing or surpassing 2012’s previous records last spring.
A Smaller US Crop Has Cut Demand, But Stocks Lowest Since 2013
This year’s smaller US crop and higher country prices have curtailed both the US & overseas demand for corn during the 1st quarter of the 2022/23 crop year.
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