{"id":5091,"date":"2019-05-08T16:00:22","date_gmt":"2019-05-08T20:00:22","guid":{"rendered":"https:\/\/www.fundamentalanalytics.com\/?p=5091"},"modified":"2019-05-08T16:00:22","modified_gmt":"2019-05-08T20:00:22","slug":"commodity-market-update","status":"publish","type":"post","link":"https:\/\/www.fundamentalanalytics.com\/ar\/commodity-market-update\/","title":{"rendered":"Commodity Market Update"},"content":{"rendered":"<p><strong>Grains<\/strong><br \/>The April USDA WASDE report was released Tuesday and the data were generally bearish to<br \/>commodity prices. US corn ending stocks were reported at 2.035 billion bushels, greater than\u00a0the average estimate of 1.991 billion bushels (Chart 1, 2018 bar). World corn ending stocks\u00a0were reported at 314.1 million metric tons, up from 308.5 million metric tons in the March\u00a0report (Chart 2, 2018 bar).<\/p>\n<p>US soybeans ending stocks were at .895 billion bushels, slightly less than the average estimate\u00a0at .898 billion bushels (Chart 3, 2018 bar). World soybeans ending stocks were at 107.36\u00a0million metric tons, up from 107.17 million metric tons in the March report (Chart 4, 2018 bar).<\/p>\n<p>With the exception of US corn ending stocks, the ending stocks remain at record levels. The<br \/>market dropped with the release of the WASDE report, but ended the day basically unchanged.\u00a0However, the flooding in the Midwest and near term weather forecasts could delay or prevent\u00a0planting, causing commodity prices to rise.<\/p>\n<p><strong>Chart 1<\/strong><\/p>\n<p>\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"800\" height=\"594\" src=\"https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2019\/05\/CMU-102218-4.png\" alt=\"\" srcset=\"https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2019\/05\/CMU-102218-4.png 972w, https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2019\/05\/CMU-102218-4-300x223.png 300w, https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2019\/05\/CMU-102218-4-768x570.png 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t<\/p>\n<p>Chart 2<\/p>\n<p>\t\t<img decoding=\"async\" width=\"800\" height=\"594\" src=\"https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2019\/05\/CMU-102218.png\" alt=\"\" srcset=\"https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2019\/05\/CMU-102218.png 972w, https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2019\/05\/CMU-102218-300x223.png 300w, https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2019\/05\/CMU-102218-768x570.png 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t<\/p>","protected":false},"excerpt":{"rendered":"<p>GrainsThe April USDA WASDE report was released Tuesday and the data were generally bearish tocommodity prices. US corn ending stocks were reported at 2.035 billion bushels, greater than\u00a0the average estimate of 1.991 billion bushels (Chart 1, 2018 bar). World corn ending stocks\u00a0were reported at 314.1 million metric tons, up from 308.5 million metric tons in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5091","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.fundamentalanalytics.com\/ar\/wp-json\/wp\/v2\/posts\/5091","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fundamentalanalytics.com\/ar\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fundamentalanalytics.com\/ar\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fundamentalanalytics.com\/ar\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fundamentalanalytics.com\/ar\/wp-json\/wp\/v2\/comments?post=5091"}],"version-history":[{"count":2,"href":"https:\/\/www.fundamentalanalytics.com\/ar\/wp-json\/wp\/v2\/posts\/5091\/revisions"}],"predecessor-version":[{"id":5103,"href":"https:\/\/www.fundamentalanalytics.com\/ar\/wp-json\/wp\/v2\/posts\/5091\/revisions\/5103"}],"wp:attachment":[{"href":"https:\/\/www.fundamentalanalytics.com\/ar\/wp-json\/wp\/v2\/media?parent=5091"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fundamentalanalytics.com\/ar\/wp-json\/wp\/v2\/categories?post=5091"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fundamentalanalytics.com\/ar\/wp-json\/wp\/v2\/tags?post=5091"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}