Grain Stocks and Acreage Report came out at noon today. Corn acres were put at 89.92 million acres with June 1st ending stocks at 4.346BBU. There were no surprises here as these numbers were very close to estimates. The big suprise came with soybeans. Soybean acres were at 88 million acres, 2 million acres below the expected pre report estimates, while ending stocks were slightly higher at 971 MBU.
**Calendar Photos** Please send us your photos! We will be accepting pictures that you've captured until August 15th. Please be sure they are good quality/high resolution photos of anything agriculture related. Please e-mail to carrie@jmigrain.com or text them to Carrie 734-678-0664.
USDA S&D report is on July 12 at noon.
Updated Crop Insurance Prices as of March 1, 2022
Wheat $7.16
Corn $5.90
Beans $14.33
Download our new app today!
For any questions or problems, please call or stop in the office.
Be able to view real-time scale tickets, contracts, cash bids and more all from your phone.
