Combined EU & Russian Wheat Supply & Demand
AgResource takes a look at combined wheat supply & demand in two of the largest exporting regions, and what the balance sheet implies for price this summer.
Afternoon Weather Update
US Forecast Drier Outside of Lakes Region; Still Cold: The major forecasting models continue to trend drier in the 6-15 day period, and additional soaking rain is unlikely through the first week of June. However, regional precip will linger in areas surrounding the Great Lakes, which along will below normal temps through the period will…
Weekly Newsletter, May 24
In this week’s newsletter, we take a look at both interior and Gulf soybean basis. 2017/18 by-class US wheat balance sheets are also included.
China Feed Imports Stronger Than Expected But State Auctions May Lower Domestic Prices to Discourage Imports
China imported 2.26 MMT of various feeds in April (see chart below). That is down from a year ago when imports were 3.04 MMT.  Cumulative imports for the international trade year to date (Oct-Apr) are 13.51 MMT. That’s down 25% from a year ago. This reflects the impact that lower China’s domestic corn prices (and…
CBOT Mixed in Low Volume Trade; Awaiting Midwest Weather
** Low volume and little changed is the CBOT this AM. Corn, soybeans and wheat have all traded either side of unchanged with traders unable to decipher a trend. Most in the industry are waiting for June weather to better delineate where prices are heading? Â Crops look rough in the E Midwest as they…
