Doane Advisory

Doane Advisory Services helps U.S. agriculture stay in touch with prices, trends and other critical business information. Inquiries: 314-240-1510

[Pro Farmer @profarmer]

Crop Consultant Dr. Michael Cordonnier slashed his Brazilian soybean crop estimate by 6 MMT to 124 MMT, saying conditions in southern Brazil are worse than expected and there may be additional yield losses . . . https://t.co/UvA7TycXVC
#pfnews

[Pro Farmer @profarmer]

Read our full reaction to today's USDA reports here:
https://t.co/sSWTUe5dqu
#pfnews

[Pro Farmer @profarmer]

A shortage of nitrogen fertilizer due to soaring natural gas prices is threatening to reduce global crop yields next year, CF Industries said yesterday. #pfnews

[Pro Farmer @profarmer]

USDA’s next Crop Production Report Nov. 9 is expected to show a small increase to the projected U.S. crop & average yield. Corn production is expected to total 15.05 billion bu., based on a Reuters survey of analysts, up from USDA’s current estimate of 15.019 billion bu.

[Pro Farmer @profarmer]

Today's First Thing Today Report includes: Export Sales Expectations, Water Level Concerns on the Missouri River, Reconciliation Bill Updates, China's action to stabilize fertilizer prices & more. . .
https://t.co/36uRADG7Aj
#pfnews

[Pro Farmer @profarmer]

China’s wheat imports reach highest level in more than2 decades…
China is the world’s largest consumer of wheat, accounting for 19% of global wheat consumption in marketing year 2020-21, more than 4x the U.S. share. USDA forecasts China’s 2021-22 imports at 10 MMT.
#pfnews

[Pro Farmer @profarmer]

Certified acreage data reveals more than 10 million acres of prevent plant. Of note:
• Corn: 87.560 million acres (6.078 million acres of PP)
• Soybeans: 81.455 million acres (1.451 million acres of PP)
• Wheat: 45.947 million (1.268 million acres of PP)
#pfnews

[Pro Farmer @profarmer]

USDA daily export sales reporting announced private exporters sold 262,000MT of soybeans for delivery to China during the 2020-21 marketing year w/another 222,000 MT sold to unknown destinations. #pfnews

[Pro Farmer @profarmer]

Soybeans are pausing after 12 consecutive higher closes ahead of the weekly export sales report & USDA’s Crop Production and World Supply & Demand Reports on Friday. The 12-day rally is the longest for the most-active soybean futures since 1980. #pfnews

[Pro Farmer @profarmer]

USDA’s daily export sales reporting announced private exporters sold:
- 408,000 MT of corn to China
-100,000 MT of corn to Japan, both for new-crop delivery.
-204,000 MT of soybeans to China
-142,500 MT of beans to unknown destinations for new-crop delivery.
#pfnews

[Pro Farmer @profarmer]

Crop Consultant Dr. Michael Cordonnier reports that just 2 states indicated corn conditions improved over the past week & 16 states declined amid ongoing dry weather & derecho storm impacts. Cordonnier lowered his U.S. corn crop estimate 2 bu. to 178 bpa this week. #pfnews

[Pro Farmer @profarmer]

Pro Farmer Editor @BGrete will be in the Pro Farmer virtual booth from 9-10am (CT) today to answer your questions about Crop Tour, Yield Estimates, market opportunities & whatever's on your mind.
Register for free: https://t.co/FRCxN66Hew
#pfnews

[Pro Farmer @profarmer]

Want to talk about Pro Farmer's estimates? Chat with Pro Farmer's Brian Grete & Jeff Wilson during Farm Journal Field Days next week in the Pro Farmer booth.
Register with code: PROFARMER2020
https://t.co/xZlSTErqXi
#pfnews #fjfielddays #FarmOn

[Meghan Vick @MeghanVick]

The moment you've all been waiting for!

Details here: https://t.co/6AbU2tJvit

Live stream of the results here: https://t.co/FLc1Akq7m5

#pfnews

[Pro Farmer @profarmer]

Here's why today's Pro Farmer estimates are NOT Crop Tour results.
#pfnews #pftour20

[Pro Farmer @profarmer]

Iowa's 2020 Crop Tour results -vs- 3yr averages.
You can still start a Pro Farmer trial for under 10 bucks to access more Crop Tour data & get a detailed look at today's Pro Farmer Estimates. https://t.co/f1W9wCUX41
#pftour20 #pfnews

[Pro Farmer @profarmer]

CROP TOUR RESULTS-MINNESOTA
#pftour20
For More details & Crop Tour reports: https://t.co/19QS1UMhKo

[Pro Farmer @profarmer]

CROP TOUR RESULTS - IOWA
#pftour20

[Pro Farmer @profarmer]

Pro Farmer's @BGrete comments on his route through Iowa today.
Get the complete report for Iowa & Minnesota tonight, along with final thoughts as we wrap up this year's #pftour20. Tonight's results show starts at 7pm (CT).
Register (free): https://t.co/GPFRs9tPBQ

[Jim Smith @JimSmith87]

Stop 11 in Cerro Gordo County suffering from dryness. Corn plants starting to shutdown, will need a rain to keep the 242.91 estimated yield.

Soybeans suffering from poor population and dryness, only 853.6 pods in 3x3 Square. Definitely need a rain

@Caseman4994 #pftour20