Incoming La Nina Promises Brazil Rainfall This Summer While Southeast Brazil to Argentina Go Dry
Climate Impact Company updates the season 1-3 ahead forecast for South America including summer 2017-18.
Cattle Called Firm to Start; Central US Weather Features Rain West/Dryness East
** AgResource Daily Cattle Analysis: Cattle futures closed higher on Wednesday and a firm outlook is offered for early trade this morning. Early selling cattle found good demand that carried futures higher into the close. October cattle closed back towards the top end of a trading range that developed over the last 5 weeks, while…
CBOT Advances On South American Weather and the Midwest Yield Debate
** 6:30 AM CDT CBOT Prices: Nov soybeans are up 5.25 cents at $9.6525, Dec corn is up 2.50 cents at $3.54 while Dec Chi wheat is up 3.75 cents at 4.4675. ** AgResource AM Grain & Oilseed Comment: Good Morning! The overnight CBOT trade has been mostly firmer in declining volume. Soybeans and wheat…
AgResource LATAM, September 13
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Corn Ends Unchanged Following USDA Report
Corn traded higher overnight and was positive through most of the day, though late day selling put December through May contracts back to unchanged at the close. Funds were estimated sellers 5,000 contracts at midweek. The latest update to the Brazilian corn lineup shows just over 1.7 MMTs have sailed in September, with another…
