** AgResource Daily Cattle Analysis: Cattle futures closed with steep losses on Monday and a weaker outlook is offered for early trade this morning. After a slightly better start to the morning, cattle futures quickly turned south and selling kept the market lower into late in the day. The only positive thing that can be…
** 6:30 AM CST CBOT Prices: July soybeans are down .5 of a cent at $9.6475, July corn is down 1.75 cents at $3.66 while July wheat is down 1.5 cents at $4.2175. ** AgResource AM Grain & Oilseed Comment: Good Morning! CBOT prices are slightly lower following better than expected US corn and soybean…
While not necessarily targeting the same part of the Great Plains the week 2-5 forecast brings a weekly wet weather risk well into June.
NOPA member crush fell well below expectations. But soy oil stocks remain rather tight.
US Forecast is Wet into Late May; Planting to Expand In East into Friday: The graphic attached displays precip accumulation since Friday, and the E Corn Belt enjoyed a lasting period of dryness, that was so badly needed. Another 60 hours of warm/dry weather persists before a more active pattern of moisture returns. The GFS…
