For more information call 800-622-7628 !

News and USDA Data

A collection/archive of USDA Report data and our post-report comments, as well as featured article by Roach Ag Daily Grain Plan editors and writers.

John Roach
John Roach
John Roach's Blog

December USDA Supply & Demand

December 2020 USDA Supply & Demand: USDA cuts bean stocks slightly. Corn left unchanged.

The USDA delivered a typical December WASDE report. They acknowledged the faster than expected pace of domestic crush and raised crush by 15 million bushels. Surprisingly, exports were left unchanged.

U.S. corn estimates were left unchanged.

U.S. wheat imports were reduced by 5 million bushels and exports were increased 10 million bushels, leaving carryout 15 million bushels smaller.

The USDA reduced Argentine corn and beans production by 1 million metric tons each. Brazil production was left unchanged.

After further analysis, this report was a non-event.

Without new bullish fundamental news to support a rally, we could see markets rollover as funds exit winning positions before the end of the year. Get ready for Buy Signals in corn and beans.

Source: USDA, Reuters, StoneX

Comments are closed.
  • Contact Us Today!

    Our team looks forward to hearing from you.


We look forward to hearing from you.

About Us

Roach Ag. Marketing is a full service advisory firm founded in Perry, Iowa back in 1978 to help farmers do a better job of marketing their crops and livestock. Roach Ag Marketing moved their main office to Boca Raton, Florida after 21 cold winters in Iowa.

Contact Us

Roach Ag Marketing
568 East Yamato Rd. Ste. 200
Boca Raton, FL 33431
Telephone: 800.622.7628

Brokerage and consulting services offered by Roach Ag Marketing, Ltd, an NFA-registered introducing broker. The trading of derivatives such as futures and options involves substantial risk of loss and you should fully understand those risks prior to trading. Carefully consider whether trading is suitable for you in light of your circumstances, knowledge and financial resources. Past performance is not necessarily indicative of future results.