• Login
Strong Article
  • Business
  • Finance
  • Investing
  • World
  • Technology
  • Politics
  • Health
  • Submit Article
No Result
View All Result
SUBSCRIBE
Strong Article
  • Business
  • Finance
  • Investing
  • World
  • Technology
  • Politics
  • Health
  • Submit Article
No Result
View All Result
Strong Article
No Result
View All Result
Home Business

3 Big Things Today, March 11, 2022 – Successful Farming

Muhammad Mubeen by Muhammad Mubeen
2 years ago
in Business, Small Business
0
3 Big Things Today, March 11, 2022 – Successful Farming
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

Soybean futures plunged overnight and grains also were lower as traders react to the U.S. Department of Agriculture’s World Agricultural Supply and Demand Estimates (WASDE) report earlier this week.
Ending stocks for the 2021-2022 marketing year that ends on August 31 are forecast at 285 million bushels, down from the previous month’s outlook for 325 million bushels, but well ahead of trade expectations for 273 million.
Global inventories are pegged at 90 million metric tons, down from 92.8 million tons expected last month, the government said, but topping trade forecasts for 88.6 million metric tons.
Corn stocks in the U.S. at the end of August are now seen at 1.44 billion bushels, down from the previous outlook for 1.54 billion and just under trade expectations for 1.46 billion bushels.
Global inventories are forecast at 301 million metric tons, down slightly from the February estimate of 302.2 million tons but above analyst expectations for 299.6 million metric tons.
Domestic wheat inventories are seen at 653 million bushels, up from the previous month’s forecast for 648 million bushels and well ahead of analyst forecast for 627 million.
Wheat prices, however, are being underpinned by escalating Russian attacks on Ukraine.  
Russian forces launched attacks on several cities they’d previous avoided in Ukraine, including Dnipro, according to media reports. Troops also have moved closer to the capital city of Kyiv.
About 2.5 million people have been forced to flee Ukraine after the Russian attacks, according to data from the United Nations.
The UN also said it has “credible reports” that Russia is using cluster bombs in Ukraine, which is against international law and may be construed as a war crime.
Russia is the world’s largest exporter of wheat and Ukraine is the third-biggest, according to the U.S. Department of Agriculture.
Soybean futures for delivery dropped 13½¢ to $16.72½ a bushel overnight on the Chicago Board of Trade. Soymeal was down $4.80 to $478.90 a short ton and soybean oil futures fell 1.3¢ to 73.38¢ a pound.
Wheat for May delivery lost 8¼¢ to $10.78¾ a bushel while Kansas City futures fell 1¢ to $10.64¾ a bushel.
Corn futures for May delivery dropped 3½¢ to $7.52¼ a bushel. 

You might also like

Miradone: Does it Really Work? Should You Give it a Try?

Blooket Play – Join, Play Blooket Games for Classroom

ShowtimeAnytime.com/activate – How to Activate Showtime Anytime?

Excelleren met Excel: Het Belang van een Excel Cursus voor Zakelijk Succes
Trending
Excelleren met Excel: Het Belang van een Excel Cursus voor Zakelijk Succes

Sales of corn last week jumped to the highest level since the marketing year started on September 1, according to the Ag Department.
Corn sales in the seven days that ended on March 3 totaled 2.14 million metric tons, a marketing-year high.
That’s up from 485,100 metric tons a week earlier and a noticeable gain from the prior four-week average the agency said in a report.
An unnamed country was the big buyer at 800,600 metric tons, followed by Japan at 398,400 tons and Mexico at 290,200 tons. Saudi Arabia purchased 140,000 metric tons and Colombia bought 129,600 tons.
The total would have been higher but El Salvador canceled cargoes of 22,500 tons.
Exports for the week were reported at 1.76 million metric tons, up 14% week-to-week, the USDA said.
Wheat sales were modestly higher, rising to 307,200 metric tons, a 2% increase from the previous week and up 21% from the average, the government said.
The Philippines bought 133,100 metric tons, Mexico took 111,700 tons, Japan was in for 26,200 tons, Colombia took 17,400 tons, and the Dominican Republic purchased 13,100 tons. Sales for the 2022-2023 marketing year that starts on June 1 totaled 63,000 tons.
Exports for the week rose 5% to 384,500 tons.
Soybean sales last week jumped to 2.2 million metric tons, up from 857,000 tons the previous week and noticeably from the prior average, the USDA said.
China led buyers, purchasing 1.1 million metric tons from U.S. supplies; an unknown destination bought 334,000 metric tons; Egypt took 181,000 tons; Mexico was in for 142,700 tons; and Vietnam purchased 114,700 tons.
For the 2022-2023 marketing year that starts on September 1, sales of 895,000 metric tons were reported as China bought 797,000 tons.
Exports for the week totaled 834,900 tons, up 11% week-to-week, the USDA said in its report.
**
Winter-weather advisories have been issued from southeastern New Mexico northeast into southern Michigan, according to National Weather Service maps.
In the southern Plains, up to 3 inches of snow is expected along with winds sustained from 10 to 20 mph, the NWS said in a report early this morning.
Temperatures in the Oklahoma and Texas panhandles is hovering around 17°F. this morning.
 In eastern Missouri and southern Illinois, about 1 inch of snow is on the ground, creating slippery conditions, the agency said.
In southern Michigan, meanwhile,  snow is expected to keep falling throughout the morning with about 0.5 inch an hour forecast in some areas near Lansing, the NWS said.
Winter-storm warnings have been issued starting this evening from northern Mississippi up into northern New York, weather maps show.
As much as a foot of snow is expected in northern areas with wind gusts of up to 35 mph, the NWS said.  
© 2022 Meredith Corporation. All Rights Reserved.
All https://www.barchart.com/solutions/ is provided by Barchart Solutions.
Futures: at least 10 minute delayed. Information is provided ‘as is’ and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see https://www.barchart.com/solutions/terms.
CME Group
Intercontinental Exchange

source

Share30Tweet19
Muhammad Mubeen

Muhammad Mubeen

Recommended For You

Miradone: Does it Really Work? Should You Give it a Try?

by Muhammad Mubeen
October 1, 2023
0
miradore

In the world of wellness and alternative medicine, people are constantly seeking natural remedies to improve their health and well-being. One such product that has gained considerable attention...

Read more

Blooket Play – Join, Play Blooket Games for Classroom

by Muhammad Mubeen
October 1, 2023
0
Blooket

Are you searching for an engaging and interactive platform to enhance the learning experience in your classroom? Look no further! We, at Blooket, are here to revolutionize the...

Read more

ShowtimeAnytime.com/activate – How to Activate Showtime Anytime?

by Muhammad Mubeen
October 1, 2023
0
showtimeanytime

Can it be true that you have been hoping to activate Showtime Anytime genuine fast and simple? Assuming this happens, we've your back. Presumably, Showtime is really a...

Read more

7 Ways to Make Home Relocation Less Stressful

by Muhammad Mubeen
July 19, 2023
0
7 Ways to Make Home Relocation Less Stressful

You may have the excitement of moving. You are going to be part of your dream home or job. You can stay nearer to your family and friends....

Read more

Most Experienced Writing Service

by Muhammad Mubeen
July 17, 2023
0
Writing

In today's fast-paced digital world, where content is king, the need for high-quality writing services has skyrocketed. Whether you're a business owner, a student, or an individual looking...

Read more
Next Post
Google Releases Security Updates for Chrome | CISA – US-CERT

Google Releases Security Updates for Chrome | CISA - US-CERT

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

The Paramount Theater announces COVID policy update – – CBS19 News

The Paramount Theater announces COVID policy update – – CBS19 News

March 8, 2022
5 Ways to Learn Faster and Smarter

5 Ways to Learn Faster and Smarter

April 28, 2021
The Joy of Online Casinos

The Joy of Online Casinos

September 20, 2022

Browse by Category

Ads Blog | Blog Roll

Slot Online
News Week
B2B Guru Class
Target Crypto
The Kontent
Hufforbes
Strong Article
ADVERTISEMENT
December 2023
M T W T F S S
 123
45678910
11121314151617
18192021222324
25262728293031
« Nov    
ADVERTISEMENT
Strong Article

Strong Article is an ultimate website news portal covering most happening news across the World, business, technology, entertainment, and inventions. This platform is revealing things in an engaging way to improve your knowledge on what is going on across the globe.

Contact us: mubeenh782(@)gmail(dot)com
Telegram:Qualitybacklinks
Whatsapp:+923111339715


CATEGORIES

  • Brand
  • Business
  • Celebrated
  • Crypto
  • Education
  • Electricity
  • Entertainment
  • Features
  • Finance
  • Foods
  • Gambling
  • Health
  • Home
  • Investing
  • Life style
  • Markets
  • News
  • Opinion
  • Pet
  • Politics
  • Real Estate
  • Relationships
  • Small Business
  • Sports
  • Technology
  • Travel
  • World

RECENT POSTS

  • Excelleren met Excel: Het Belang van een Excel Cursus voor Zakelijk Succes
  • Miradone: Does it Really Work? Should You Give it a Try?
  • Blooket Play – Join, Play Blooket Games for Classroom
  • History.com/activate – Activate History Channel on Roku, Apple TV & Fire TV
  • ShowtimeAnytime.com/activate – How to Activate Showtime Anytime?

Copyright ©2016. All rights reserved. Strong Article News

No Result
View All Result
  • Business
  • Finance
  • Investing
  • World
  • Technology
  • Politics
  • Health
  • Submit Article

Copyright ©2016. All rights reserved. Strong Article News

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?