Getreide Cockpit, 14.06.2019

(AMI) In its June report, the US Department of Agriculture USDA has significantly lowered expectations for the US corn crop. The forecast for 2019/20 is now 347.5 million tonnes, 34.3 million tonnes below the previous estimate. The USDA thus takes account of the very poor conditions and thus greatly delayed sowing and the resulting loss of earnings. Currently only 104 dt / ha is expected, in...

Expert Opinion: 

(AMI) The development of cornfields in the US will continue to drive futures markets in the coming months. Already the delayed sowing, the unexpectedly strongly corrected supply estimate of the USDA and the strong rection of the Chicago stock market listing are the focus of the market...