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Calls: Soybeans up 3-5 cents, corn up 4-5 cents and wheat steady to 2 higher.  We made large revisions to soybean and corn production.



Weather and Crop Progress







US Rainfall Last 7 days






QPF 7-day Precipitation Forecast



Bloomberg Ag Calendar

MONDAY, August 24:

  • USDA weekly corn, soybean, wheat export inspections, 11am
  • U.S. crop conditions for soybeans, corn, cotton; wheat harvesting progress, 4pm
  • Monthly MARS bulletin on crop conditions in Europe
  • EU weekly grain, oilseed import and export data
  • Brazil Unica sugar production, cane crush (tentative)
  • U.S. cold storage data for pork and beef, poultry slaughter, 3pm
  • Ivory Coast cocoa arrivals

TUESDAY, August 25:

  • China customs publishes country-wise soybean and pork import data
  • Malaysia palm oil export data for August 1-25

WEDNESDAY, August 26:

  • EIA U.S. weekly ethanol inventories, production, 10:30am

THURSDAY, August 27:

  • USDA weekly crop net-export sales for corn, soybeans, wheat, cotton, pork, beef, 8:30am
  • International Grains Council monthly report
  • Port of Rouen data on French grain exports
  • EARNINGS: Sime Darby Plantation

FRIDAY, August 28:

  • ICE Futures Europe weekly commitments of traders report, 1:30pm (6:30pm London)
  • CFTC commitments of traders weekly report on positions for various U.S. futures and options, 3:30pm
  • FranceAgriMer weekly update on crop conditions
  • U.S. agricultural prices paid, received, 3pm

Source: Bloomberg and FI



USDA inspections versus Reuters trade range                                            

Wheat       569,593     versus  400000-600000           range

Corn          892,031     versus  800000-1150000         range

Soybeans   1,150,832  versus  600000-1250000         range



                  REPORTED IN WEEK ENDING AUG 20, 2020