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USDA To Update Supply Estimates

The USDA will release its latest crop production and supply/demand estimates on Wednesday.

Traders are expecting the department will increase its domestic ending stock projections for corn, soybeans and wheat.

Grain markets dropped sharply less than two weeks ago when the USDA outlined larger-than-expected ending stocks in its quarterly grain stocks report.

The reports will be released at 11am (CDT.)

Source: PortageOnline


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Crop duster agplane flying action Conger Minnesota Air Tractor Bell 206 Jet Ranger Airailimages

Video: Crop duster agplane flying action Conger Minnesota Air Tractor Bell 206 Jet Ranger Airailimages

It's summertime in Minnesota as a yellow Air Tractor agricultural application aircraft -- a crop duster -- responds to the control inputs of its pilot in a low-altitude dance just above the tops of the cornstalks. Enjoy! And we found a Bell 206 Long Ranger spray helicopter perched on a support truck at the edge of the cornfields, and launching from there. In our video, you can occasionally hear the rotor sounds of the crop-dusting helicopter as we see the yellow Air Tractor in a nearby field.