Latest ADMIS News

USDA Feb 8 Crop Report - No Surprises

Highlights by Steve Freed, ADMIS VP of Grain Research
  • USDA lowered US 2018 corn crop 206 mil bu and soybean crop 56 mil bu
  • USDA lowered US 2018/19 corn end stocks 45, lowered soybean 45 and raised wheat 36
  • USDA raised World 2018/19 corn end stocks, lowered soybean and lowered wheat
  • USDA estimated US 2019 winter wheat acres lower than last year
  • USDA lowered Brazil 2019 soybean crop 5 mmt, lowered China soybean imports 2 mmt
  • Key to prices now US and China trade deal or no deal
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