Boletín Soja Diario, 01 Agosto
Su análisis diario del mercado de la soja! Haga Clic Aquí
Su análisis diario del mercado de la soja! Haga Clic Aquí
** It has been a bloodbath at the CBOT with soybeans posting sizable losses as November fell below its 200 day moving average ($9.85) with corn/wheat futures in the bearish tow. The rise in weekly NASS soybean crop condition ratings along with the prospect of normal Midwest rain (beyond August 10th) was enough to spark widespread…
Bottom Line: USDA is projecting Russian wheat yields this year to be 2.64 MT/Ha, down about 1% from last year’s record yields. However, the most recent wheat harvest report shows this year’s yields are 6% higher than a year ago when harvest was at a comparable stage. The spread between this year’s yield and…
Drought concerns remain intact for Australia.
A transitional pattern across Europe and Russia brings a changeable pattern with extremes.
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