2018 Grain Outlook

2018 Grain Outlook

The longer-term outlook for the corn market could turn more bullish if the weather conditions in South America do not improve soon. The drawdown in world ending stocks of nearly 22 million tonnes was one of the few positive fundamentals for the 2017/18 marketing year. The outlook in the soybean market for 2018 shows a massive uptrend in demand and a potential for burdensome stocks if the key world producers are blessed with normal weather. The outlook for 2018 wheat prices could be brighter than last year. Wheat was one of the few commodities to see year over year gains in 2017. Will Russia follows up last year’s record crop with another large crop? 

  • Imports/Exports

  • COT

  • Ending Stocks vs. Stocks / Usage

  • Weather and the Planting Season

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