** AgResource Daily Cattle Analysis: Cattle futures closed slightly lower on Thursday and a mixed opening is expected this AM. Early selling cattle found good demand stabilized values going home. The market is awaiting the determination of this week’s cash cattle trade. Packers are bidding values lower, but producers are well aware of huge…
** 6:30 AM CDT CBOT Prices: Nov soybeans are down 3.25 cents at $9.7275, Dec corn is down 1.25 cents at $3.53 while Dec Chi wheat is down 2.00 cents at $4.41 ** AgResource AM Grain & Oilseed Comment: Good Morning! Slightly lower has been the overnight trend at the CBOT as corn, soybeans and…
In this week’s newsletter, we take a look at new crop US export commitments, and whether they suggest changes to USDA forecasts.
Russia’s wheat balance sheet argues for a very lasting neutral trend in world wheat prices.
Central US Forecast: Wet 4-10 Day Period; Still No Frost: The US forecast is little changed from prior runs, and a noticeable pattern shift is due late this weekend. Prolonged dryness will finally end, and a series of lite but continuous showers is offered to the Plains and Midwest Sep 18-25. Unseasonable warmth returns next…
