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USDA NASS: Northeastern Region Small Grains Annual Summary

Barley production is estimated at 208 thousand bushels, down 55 percent from the 2018 total of 464 thousand bushels.  Average yield per acre, at 52.0 bushels, is down 6.0 bushels from the previous year.  Harvested area, at 4 thousand acres, is down 50 percent from 2018.  Winter wheat production for 2019 totaled 4.16 million bushels, down 37 percent from the 2018 total of 6.56 million bushels.  Average yield, at 63.0 bushels per acre, is down 6.0 bushels from 2018. Area harvested for grain is estimated at 66 thousand acres, down 31 percent from the previous year.

Source : cornell.edu

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Increased Geo Political Tensions = SELL AMERICA TRADE + Argentina Dry

Video: Increased Geo Political Tensions = SELL AMERICA TRADE + Argentina Dry


Higher geo-politics from Trump wanting to annex Greenlland to conflict with Iran has caused investors to sell everything America. With Matto Grosso Brazil 7% harvested weather has turned wet as harvest progresses but Argentina has turned dry! Both soybean and wheat futures have traded back above the pre-USDA January crop report close a positive technical chart signal. A monster weekly U.S. export report is price supportive but a kick the can down the road on E15 is very disappointing.