Corn Soybeans Soybean Meal Soybean Oil Wheat By
Corn Planted Acres Harvested Acres Yield Beginning Stocks Production Imports Total Supply Feed/Residual Food/Seed/Industrial Ethanol Domestic Use Exports Total Use Ending Stocks Stocks/Use Ratio Avg. Farm Price (c/lb.)
Oct 12 2016/17 94.0 86.7 174.6 1737 15148 57 16942 5464 6890 5438 12354 2293 14647 2295 15.7% 3.36
Nov 9 2016/17 Change 94.0 0.0 86.7 0.0 174.6 0.0 1737 0 15148 0 57 0 16942 0 5463 -1 6891 1 5439 1 12354 0 2293 0 14647 0 2295 0 15.7% 3.36
Oct 12 2017/18 90.4 83.1 171.8 2295 14285 50 16625 5500 6935 5475 12435 1850 14285 2340 16.4% 2.80-3.60
Nov 9 2017/18 90.4 83.1 175.4 2295 14578 50 16922 5575 6935 5475 12510 1925 14435 2487 17.2% 2.80-3.60
Soybeans Change 0.0 0.0 3.6 0 293 0 297 75 0 0 75 75 150 147
Planted Acres Harvested Acres Yield Beginning Stocks Production Imports Total Supply Crush Exports Seed Residual Total Use Ending Stocks Stocks/Use Ratio Avg.Farm Price ($/bu.)
Soybean Meal Soybean Oil Beginning Stocks Production Imports Total Supply Domestic Use Exports Total Use Ending Stocks Stocks/Use ratio Avg. Farm Price (c/lb.)
Oct 12 2016/17 1687 22020 325 24032 19850 2550 22400 1632 7.3% 32.48
Nov 9 2016/17 Change 1687 0 22099 79 319 -6 24104 72 19837 -13 2556 6 22393 -7 1711 79 7.6% 32.48
Oct 12 2017/18 1632 22505 300 24437 20800 2100 22900 1537 6.7% 32.5-36.5
Nov 9 2017/18 1711 22505 300 24516 20800 2100 22900 1616 7.1% 32.5-36.5
Change 79 0 0 79 0 0 0 79
Beginning Stocks Production Imports Total Supply Domestic Exports Total Use Ending Stocks Stocks/Use ratio Avg. Farm Price (c/lb.)
Wheat By Class All Wheat Planted Acres Harvested Acres Yield Beginning Stocks Production Imports Total Supply Food Seed Feed/Residual Domestic Use Exports Total Use Ending Stocks Stocks/Use Ratio Avg. Farm Price ($/bu.)
Oct 12 2016/17 50.1 43.9 52.7 976 2309 118 3402 949 61 157 1167 1055 2222 1181 53.2% 3.89
Nov 9 2016/17 Change 50.1 0 43.9 0 52.7 0 976 0 2309 0 118 0 3402 0 949 0 61 0 156 -1 1167 0 1055 0 2222 0 1181 0 53.2% 3.89
Oct 12 2017/18 46.0 37.6 46.3 1181 1741 150 3071 950 66 120 1136 975 2111 960 45.5% 4.40-4.80
Nov 9 2017/18 46.0 37.6 46.3 1181 1741 150 3071 950 66 120 1136 1000 2136 935 43.8% 4.40-4.80
Change 0 0 0 0 0 0 0 0 0 0 0 25 25 -25
This material has been prepared by a sales or trading employee or agent of CHS Hedging, LLC. and should be considered a solicitation. This communication may contain privileged and/or confidential information and is intended only for the use of the individual or entity to which it is addressed. If the reader of this message is not the intended recipient, you are hereby notified that any unauthorized dissemination, distribution, and/or use of this communication is strictly prohibited. CHS Hedging, LLC. makes no representation or warranty regarding the correctness of any information contained herein, or the appropriateness of any transaction for any person. There is a risk of loss when trading commodity futures and options.
Oct 12 Nov 9 Oct 12 Nov 9 2016/17 2016/17 Change 2017/18 2017/18 Change 83.4 83.4 0.0 90.2 90.2 0.0 82.7 82.7 0.0 89.5 89.5 0.0 52.0 52.0 0.0 49.5 49.5 0.0 197 197 0 301 301 0 4296 4296 0 4431 4425 -6 22 22 0 25 25 0 4515 4515 0 4757 4752 -5 1899 1899 0 1940 1940 0 2174 2174 0 2250 2250 0 105 105 0 101 101 0 36 36 0 35 35 0 4214 4214 0 4326 4326 0 301 301 0 430 425 -5 7.1% 7.1% 9.9% 9.8% 9.47 9.47 8.35-10.058.45-10.15 Oct 12
Nov 9
Oct 12
Nov 9
2016/17 2016/17 Change 2017/18 2017/18 Change 264 264 0.0 300 401 101.0 44636 44733 97.0 46100 46099 -1.0 350 349 -1.0 300 300 0.0 45250 45347 97.0 46700 46800 100.0 33300 33345 45.0 34200 34300 100.0 11650 11601 -49.0 12200 12200 0.0 44950 44946 -4.0 46400 46500 100.0 300 401 101.0 300 300 0.0 0.7% 0.9% 0.6% 0.6% 317 316.88 290-330 295-335 Hard
Hard
Soft
Projected 2017/2018 Beginning Stocks Production Total Supply Domestic Use Exports Total Use Ending Stocks Stocks/Use Ratio
Winter 589 750 1,346 470 415 885 461 52.1%
Spring 235 385 693 271 265 536 157 29.3%
Red 215 292 524 212 90 302 222 73.5%
White 105 258 372 95 210 305 67 22.0%
Durum 36 55 136 88 20 108 28 25.9%
Total 1,180 1,740 3,071 1,136 1,000 2,136 935 43.8%
Change from previous month Beginning Stocks Production Total Supply Domestic Use Exports Total Use Ending Stocks Stocks/Use Ratio
Hard Winter
Hard Spring
Soft Red
White
Durum
Total
0 0 -1 0 25 25 -26 -0.05
0 0 0 5 0 5 -5 -0.01
0 0 1 0 0 0 1 0.00
0 0 -1 -5 0 -5 4 0.02
0 0 1 0 0 0 1 0.01
0 0 0 0 25 25 -25 -0.02
Oct 12 2016/17 94.0 86.7 174.6 1737 15148 57 16942 5464 6890 5438 12354 2293 14647 2295 15.7% 3.36
Nov 9 2016/17 Change 94.0 0.0 86.7 0.0 174.6 0.0 1737 0 15148 0 57 0 16942 0 5463 -1 6891 1 5439 1 12354 0 2293 0 14647 0 2295 0 15.7% 3.36
Oct 12 2017/18 90.4 83.1 171.8 2295 14285 50 16625 5500 6935 5475 12435 1850 14285 2340 16.4% 2.80-3.60
Nov 9 2017/18 90.4 83.1 175.4 2295 14578 50 16922 5575 6935 5475 12510 1925 14435 2487 17.2% 2.80-3.60
Soybeans Change 0.0 0.0 3.6 0 293 0 297 75 0 0 75 75 150 147
Planted Acres Harvested Acres Yield Beginning Stocks Production Imports Total Supply Crush Exports Seed Residual Total Use Ending Stocks Stocks/Use Ratio Avg.Farm Price ($/bu.)
Soybean Meal Soybean Oil Beginning Stocks Production Imports Total Supply Domestic Use Exports Total Use Ending Stocks Stocks/Use ratio Avg. Farm Price (c/lb.)
Oct 12 2016/17 1687 22020 325 24032 19850 2550 22400 1632 7.3% 32.48
Nov 9 2016/17 Change 1687 0 22099 79 319 -6 24104 72 19837 -13 2556 6 22393 -7 1711 79 7.6% 32.48
Oct 12 2017/18 1632 22505 300 24437 20800 2100 22900 1537 6.7% 32.5-36.5
Nov 9 2017/18 1711 22505 300 24516 20800 2100 22900 1616 7.1% 32.5-36.5
Change 79 0 0 79 0 0 0 79
Beginning Stocks Production Imports Total Supply Domestic Exports Total Use Ending Stocks Stocks/Use ratio Avg. Farm Price (c/lb.)
Wheat By Class All Wheat Planted Acres Harvested Acres Yield Beginning Stocks Production Imports Total Supply Food Seed Feed/Residual Domestic Use Exports Total Use Ending Stocks Stocks/Use Ratio Avg. Farm Price ($/bu.)
Oct 12 2016/17 50.1 43.9 52.7 976 2309 118 3402 949 61 157 1167 1055 2222 1181 53.2% 3.89
Nov 9 2016/17 Change 50.1 0 43.9 0 52.7 0 976 0 2309 0 118 0 3402 0 949 0 61 0 156 -1 1167 0 1055 0 2222 0 1181 0 53.2% 3.89
Oct 12 2017/18 46.0 37.6 46.3 1181 1741 150 3071 950 66 120 1136 975 2111 960 45.5% 4.40-4.80
Nov 9 2017/18 46.0 37.6 46.3 1181 1741 150 3071 950 66 120 1136 1000 2136 935 43.8% 4.40-4.80
Change 0 0 0 0 0 0 0 0 0 0 0 25 25 -25
This material has been prepared by a sales or trading employee or agent of CHS Hedging, LLC. and should be considered a solicitation. This communication may contain privileged and/or confidential information and is intended only for the use of the individual or entity to which it is addressed. If the reader of this message is not the intended recipient, you are hereby notified that any unauthorized dissemination, distribution, and/or use of this communication is strictly prohibited. CHS Hedging, LLC. makes no representation or warranty regarding the correctness of any information contained herein, or the appropriateness of any transaction for any person. There is a risk of loss when trading commodity futures and options.
Oct 12 Nov 9 Oct 12 Nov 9 2016/17 2016/17 Change 2017/18 2017/18 Change 83.4 83.4 0.0 90.2 90.2 0.0 82.7 82.7 0.0 89.5 89.5 0.0 52.0 52.0 0.0 49.5 49.5 0.0 197 197 0 301 301 0 4296 4296 0 4431 4425 -6 22 22 0 25 25 0 4515 4515 0 4757 4752 -5 1899 1899 0 1940 1940 0 2174 2174 0 2250 2250 0 105 105 0 101 101 0 36 36 0 35 35 0 4214 4214 0 4326 4326 0 301 301 0 430 425 -5 7.1% 7.1% 9.9% 9.8% 9.47 9.47 8.35-10.058.45-10.15 Oct 12
Nov 9
Oct 12
Nov 9
2016/17 2016/17 Change 2017/18 2017/18 Change 264 264 0.0 300 401 101.0 44636 44733 97.0 46100 46099 -1.0 350 349 -1.0 300 300 0.0 45250 45347 97.0 46700 46800 100.0 33300 33345 45.0 34200 34300 100.0 11650 11601 -49.0 12200 12200 0.0 44950 44946 -4.0 46400 46500 100.0 300 401 101.0 300 300 0.0 0.7% 0.9% 0.6% 0.6% 317 316.88 290-330 295-335 Hard
Hard
Soft
Projected 2017/2018 Beginning Stocks Production Total Supply Domestic Use Exports Total Use Ending Stocks Stocks/Use Ratio
Winter 589 750 1,346 470 415 885 461 52.1%
Spring 235 385 693 271 265 536 157 29.3%
Red 215 292 524 212 90 302 222 73.5%
White 105 258 372 95 210 305 67 22.0%
Durum 36 55 136 88 20 108 28 25.9%
Total 1,180 1,740 3,071 1,136 1,000 2,136 935 43.8%
Change from previous month Beginning Stocks Production Total Supply Domestic Use Exports Total Use Ending Stocks Stocks/Use Ratio
Hard Winter
Hard Spring
Soft Red
White
Durum
Total
0 0 -1 0 25 25 -26 -0.05
0 0 0 5 0 5 -5 -0.01
0 0 1 0 0 0 1 0.00
0 0 -1 -5 0 -5 4 0.02
0 0 1 0 0 0 1 0.01
0 0 0 0 25 25 -25 -0.02
