))
Acreage Gains Prove Hard to Make
Manage episode 407129307 series 3558065
Content provided by RaboResearch Agri Commodities and Rabobank RaboResearch Food. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by RaboResearch Agri Commodities and Rabobank RaboResearch Food or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
In the wake of the USDA’s June Acreage and Stocks Reports, we discuss the likely impacts on G&O and cotton markets given the USDA’s latest estimates. Expectations for acreage gains were high given higher prices during plantings this season, but mixed weather across the US and stiff competition for acres between crops meant those gains were hard to achieve, especially in corn and soybeans. US June grain stocks also declined to a six-year low. With tighter stocks and lower-than-expected aggregate acreage for corn and soybeans, the pressure is on for good yields and good weather this season in the US.
Please read our disclaimer here: https://www.rabobank.com/knowledge/disclaimer/011417272/disclaimer
89 episodes
Share
