AgResource Weekly Newsletter, April 16
In this week’s newsletter we take a look at the most likely scenario for new crop global soybean supply & demand. Click here to read this week’s Weekly Report
In this week’s newsletter we take a look at the most likely scenario for new crop global soybean supply & demand. Click here to read this week’s Weekly Report
Sharply mixed trade unfolded at the CME on Tuesday with May and June contracts closing down more than $1, while other summer contracts were little changed. Funds continue to add premium to the back end of the hog market amid uncertainty of when China demand will develop. 2020 hog contracts were more than $1.70 higher…
Soybeans closed sharply lower on limited news along with large fund selling which left prices 10-11 cents lower on Tuesday. There were rumors that the US was leaning on China to lift agriculture tariffs, but the market has recently begun to shrug off any China-Trade deal related rumors. Traders want to see results. Funds were…
It’s been a less than favorable start to the 2019 planting/growing season for much of the Cornbelt. Producers in the West were flooded in March, while producers in the N Plains and Midwest were overwhelmed by snow and ice last week. In the East, there have been some pockets of work, but most machinery is…
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