The Hot & Dry Climate Pattern Shifts East From Europe To Western Russia
Periods of beneficial showers at times across Southern Europe are ahead.
Periods of beneficial showers at times across Southern Europe are ahead.
The Commitment of Traders report showed that managed money funds increased their net short position in Chicago wheat, corn, soybeans worth 107,218, a huge increase from 8,833 contracts the previous week. Funds extended their bearish bets and the market is now trying to decide how big is the US crop. Despite the big variability between crops and smaller yields…
Bottom Line: USDA is projecting Russian wheat yields this year to be 2.89 MT/HA (43 Bu/Ac). That’s a record and up 7.4% from last year’s record yields. However, the most recent wheat harvest report shows this year’s yields are 19% higher than last year (when harvest progress was 5 points more advanced). The spread…
** Low volume and mixed has been the CBOT this AM with corn, soybean and wheat futures trading mixed with the grains under pressure while soybean futures hold close to unchanged. Liquidation continues in the grains while soybeans uncover fresh export demand on weakness. The volume of trade has been poor with few traders inspired…
Wet pattern slow to depart Texas while areas to the north stay dry.
Contact
submission
You have successfully added an item to your cart! You may view the contents of your cart and proceed with checkout, or continue shopping.
Multiuser
subscription
How many users would you like to add?