Drier Weather Great Plains Next Week Followed by Showery Return Days 11-15
A transitional climate pattern continues well into June. No established drying or warming can generate in this pattern.
A transitional climate pattern continues well into June. No established drying or warming can generate in this pattern.
** AgResource Daily Cattle Analysis: Cattle futures were lower at the close on Tuesday, and a steady/weaker outlook is offered for early trading this morning. The turn in beef prices and expectation for lower cash business cattle under pressure through Tuesday, which could continue ahead of the holiday weekend. Cash cattle markets have so…
** 6:30 AM CST CBOT Prices: July soybeans are up .50 cents at $9.4875, July corn is up .50 of a cent at $3.70 while July Chi wheat is down .75 of a cent at $4.2875. ** AgResource AM Grain & Oilseed Comment: Good Morning! Mixed and little changed is the CBOT with fresh trade…
US and EU wheat futures reacted to Monday afternoon’s modest boost in US winter wheat ratings, while the US dollar re-captured much of Monday’s loss. Otherwise, volume remains tired and fresh news is absent, but the US continues very well positioned in the world export market for early summer demand. US wheat’s discount to…
There’s still a lack of news (and volume), and trading centered on a rebound in the US dollar, weaker gasoline and ethanol prices, and on Monday’s crop progress report. US corn planting progress is in line with average, though acres (1-3 Mil) will have to be replanted. Selling also emerged following by-state conditions, which are…
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