Crude expecting a draw of 2.125 M, Actual draw of 10.57 M
Gas expecting a build of 1.5 M, Actual draw of 412K
Distillates expecting a draw of 750K, Actual draw of 2.35 M
DOE Stocks Report – December 21, 2011
December 21st, 2011DOE Stocks Report – December 14, 2011
December 14th, 2011Crude expecting a draw of 2.5 M, Actual draw of 1.93 M
Gas expecting a build of 1.2 M, Actual build of 3.82 M
Distillates expecting a build of 1 M, Actual build of 480K
DOE Stocks Report – December 7, 2011
December 7th, 2011Crude expecting a draw of 1.25 M, Actual build of 1.34 M
Gas expecting a build of 875K, Actual build of 5.15 M
Distillates expecting a build of 1.15 M, Actual build of 2.53 M
DOE Stocks Report – November 30, 2011
November 30th, 2011Crude expecting a build of 50K, Actual build of 3.93 M
Gas expecting a build of 1.45 M, Actual build of 215K
Distillates expecting a draw 1.25 M, Actual build of 5.53 M
DOE Stocks Report – November 23, 2011
November 23rd, 2011Crude expecting a build of 500K, Actual draw of 6.22 M
Gas expecting a build of 1 M, Actual build of 4.48 M
Distillates expecting a draw of 1.25 M, Actual draw of 770K
DOE Stocks Report – November 16, 2011
November 16th, 2011Crude expecting a draw of 1.2 M, Actual draw of 1.06
Gas expecting a draw of 1 M, Actual build of 992K
Distillates expecting a draw of 2.35 M, Actual draw of 2.14 M
Crop Condition Report – November 14, 2011
November 14th, 2011Corn
- Harvested: 93% vs. 87% a week ago and vs. 82% 5 year average
Soybeans
- Harvested: 96% vs. 92% a week ago and vs. 94% 5 year average
DOE Stocks Report – November 9, 2011
November 9th, 2011Crude expecting a build of 500K, Actual draw of 1.37 M
Gas expecting a build of 1 M, Actual draw of 2.11 M
Distillates expecting a draw of 2.2 M, Actual draw of 6.02 M
November ‘11 USDA Supply and Demand Estimates
November 9th, 2011- ‘10/’11 Corn – Neutral
- No changes.
- ‘11/’12 Corn – Slightly Bullish
- Yield was further reduced from 148.1 to 146.7 bushels per acre leaving total production down 123 million bushels or on the low side of trade expectations.
- Feed and residual use was estimated lower by 100 million bushels to 4,600 million total.
- The ending stocks estimate was near expectations at 843 million bushels or 24.4 days of use.
- ‘10/’11 Soybeans – Neutral
- No changes.
- ‘11/’12 Soybeans – Neutral
- Yield was reduced sharply from 41.5 to 41.3 bushels per acre leaving total production down 14 million bushels.
- Exports were projected to be 25 million lower.
- Ending stocks came in near expectations at 195 million bushels or 23.1 days of use.
- Other Markets – Slightly Bearish
- Poultry production was estimated much lower in the US based on lower bird and hatchery figures. Beef and pork production were adjusted marginally lower.
- South American soybean and corn production were revised higher on excellent early season planting and growing conditions. European and FSU region coarse grain production was estimated higher on improving yield estimates.
http://usda01.library.cornell.edu/usda/current/wasde/wasde-11-09-2011.pdf
Crop Condition Report – November 8, 2011
November 8th, 2011Corn
- Harvested: 87% vs. 78% a week ago and vs. 73% 5 year average; expecting 80-85% complete
Soybeans
- Harvested: 92% vs. 87% a week ago and 88% 5 year average; expecting 90-95% complete
