Market Matters Blog
Katie Micik DTN Markets Editor

Friday 05/09/14

Digestion Tough When Deadlines Loom
USDA reports are the epitome of deadline reporting, and I usually don't have time to really think about the numbers until I'm 30,000 feet above the ground. Here's what I thought about after Friday's report.[Read Full Blog Post]
Posted at 6:46PM CDT 05/09/14 by Katie Micik | Post a Comment
Comments (3)
3.5 times the acres of spring wheat in north dakota? i didn't finish planting wheat and it will be 3 weeks tomorrow since i turned a wheel. if it doesn't rain any more it will be 7 - 10 days before anything gets done. it is wet from minneapolis to minot and from duluth to bismarck with very little crop planted and much of that needing to be replanted or possibly destroyed. how much wheat do you think will be planted in late may or early june? rumor has it that a lot of corn seed on the books has also been cancelled and soybean seed is getting hard to find in the northern valley. i am going to answer your question with no. the northern plains will not offset losses in the southern plains.
Posted by harlan deike at 10:10AM CDT 05/12/14
That's 3.5 time the number of WINTER wheat acres -- due to all the PP in ND last year. We planted another 500K acres of winter wheat, similar to other high PP years. For wheat overall it is pretty neutral. I suspect most HRWW acres displace HRSW acres. HRSW planting right now is not going well at all. It should crank up later this week if the forecast holds true, but this year is starting to look like a repeat of last year as far as wet weather is concerned. It will get planted, just late. Summer weather will determine the final outcome!
Posted by LeeFarms at 6:53AM CDT 05/13/14
The USDA or the United States Dictatorship of Agriculture- again this corrupt government agency "finds more corn soybeans wheat. This is such a repeat lie,broken record how this corrupt agency can continue to come with their "estimates" and their reports that is always bearish to the American farmer. Last fall when the government shut down, that was such a relief to harvest and enjoy farming the way God intended it, not having to think about another market altering lie from the USDA. Again this is not a fair free market when a government agency controls the market with lies and false unregulated data. In the dictionary control is to exercise restraint or direction; dominate regulate or command. This is not good for farming.
Posted by DAVID/KEVIN GRUENHAGEN at 8:10PM CDT 05/15/14
 
Rail Logistics Improve But Not in Upper Midwest
BNSF reported faster train velocities and improved turns per month so far in May, but rail customers in the upper U.S. Midwest and Canada are still seeing a backlog of grain waiting to be shipped.[Read Full Blog Post]
Posted at 3:16PM CDT 05/09/14 by Mary Kennedy | 0 Comments | Post a Comment
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