Bower Trading is a full service commodities brokerage founded in 1998 by James Bower on the idea of providing investors, traders, and producers an avenue to participate as efficiently and as correctly in the high risk and ever-changing commodities futures and options market.
Bower Trading provides services customized to each client. Each client’s investment and hedging needs vary, which is why we offer a variety of accounts.
Bower Trading President Jim Bower has extensive media experience that spans more than three decades. His expertise on global market conditions makes him one of the most knowledgeable market analysts in the world.
November 9th, 2016 S/D Crop Report
Soybeans
16/17 Projected US Ending Stocks @ 480 mb
Est @ 420 (381-467) mb
October @ 395 mb
16/17 Projected US Soybean yield @ 52.5 bushel/acre
Est @ 52 (51.3-52.8)
October @ 51.4
16/17 Projected US Soybean production @ 4.361 bb
Est @ 4.314 (4.256-4.386) bb
October @ 4.269 bb
16/17 Projected Global Stocks @ 81.53 mmt
Est @ 76.98 (72.5-79.14) mmt
October @ 77.36 mmt
16/17 Projected World Soybean Production
Argentina @ 57 mmt October @ 57 mmt
Brazil @ 102 mmt October @ 102 mmt
China @ 12.5 mmt October @ 12.5 mmt
Corn
16/17 Projected US Ending Stocks @ 2.403 bb
Est @ 2.300 (2.143-2.669) bb
October @ 2.320 bb
16/17 Projected US Corn yield @ 175.3 bushel/acre
Est @ 173.2 (171.4-175.3)
October @ 173.4
16/17 Projected US Corn production @ 15.226 bb
Est @ 15.041 (14.88-15.226) bb
October @ 15.057 bb
16/17 Projected Global Stocks @ 218.19 mmt
Est @ 216.94 (214-224.9)mmt
October @ 216.81 mmt
16/17 Projected World Corn Production
China @ 216 mmt October @ 216 mmt
Argentina @ 36.5 mmt October @ 36.5 mmt
South Africa @ 13 mmt October @ 13 mmt
Brazil @ 83.5 mmt October @ 83.5 mmt
Eu-27 @ 60.28 mmt October @ 60.28 mmt
Mexico @ 24.5 mmt October @ 24.5 mmt
Wheat
16/17 Projected US Ending Stocks @ 1143 mb
Est @ 1141 (1126-1169) mb
October @ 1138 mb
16/17 Projected Global Stocks @ 249.23 mmt
Est @ 247.85 (244.2-250.4)
October @ 248.37 mmt
15/16 Projected World Wheat Production
Argentina @ 14.4 mmt October @ 14.4 mmt
Australia @ 28.3 mmt October @ 28.3 mmt
China @ 128 mmt October @ 128 mmt
EU -27 @ 143.57 mmt October @ 143.22 mmt
Canada @ 31.5 mmt October @ 31.5 mmt
India @ 90 mmt October @ 90 mmt
FSU-12 @ 131.43 mmt October @ 131.43 mmt
Ukraine @ 27 mmt October @ 27 mmt
Russia @ 72 mmt October @ 72 mmt
Disclosure Statement
Futures and commodities trading involve significant risk and is not suitable for every investor. Information contained herein is strictly the opinion of its author and is intended for informational purposes and is not to be construed as an offer to sell or a solicitation to buy or trade in any commodity or security mentioned herein. Information is obtained from sources believed reliable, but is in no way guaranteed. Opinions, market data, and recommendations are subject to change at any time. Past results are not indicative of future results. This material has been prepared by a sales or trading employee or agent of Bower Trading and is, or is in the nature of, a solicitation. This material is not a research report prepared by Bower Trading’s Research Department.
© Bower Trading, Inc., 2016