AgResource LATAM, February 27
Thank you for subscribing to AgResource LATAM! Crisis in Venezuela, Harvest in Brazil, Line ups and much more! Click here to view this week’s report
Thank you for subscribing to AgResource LATAM! Crisis in Venezuela, Harvest in Brazil, Line ups and much more! Click here to view this week’s report
** Mixed with reduced volume has been the CBOT this morning. Corn and soybeans have traded both sides of unchanged while wheat futures are firmer. The selling pressure from funds is still lingering in corn, but the selling has subsided in wheat and soybeans. ARC looks for a mixed close with hawkish comments for USTR…
Summary: In many years, the EU is among the world’s top wheat exporters. However, EU wheat exports as of late February were 12.5 MMT. That is down 12% from a year ago and well behind the pace needed to meet the USDA’s projection of 22.0 MMT. Just the opposite situation exists with respect to corn. …
Arctic air pushes potential record cold to start March into the Great Plains next week.
A dry and cool pattern in Argentina the next few days but another front with rain strikes ARG next week.
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