AgResource Weekly Newsletter, June 25
Click here to read this week’s Weekly Report
Click here to read this week’s Weekly Report
AgResource Farm Marketing Advice for Wednesday: 1/ Corn Producers: Sell 10% of the estimated 2020 corn crop at $4.19 and 10% at $4.23. This would price 60% of the anticipated 2020 corn crop. 2/ Corn Producers: Sell 20% of the 2021 corn crop at $4.24 and 20% at $4.29 basis Dec 2021 corn futures.…
Using historical NASS data, AgResource projects that US corn pollination will occur during the first half of August in the E Midwest and during the last week of July in the West. Unlike in 2018, when a rather warm June accelerated crop growth, planting, emergence and GDD accumulation this year is well behind schedule. Assuming…
A high pressure Ridge will expand aloft the Plains/Midwest in the next 36 hours. This Ridge will stay intact over the following 10 days, assuring needed drier and warmer Central US weather into the first full week of July. NOAA’s 6-10 day temp anomaly outlook is attached. Meaningful rainfall will stay confined to the Dakotas,…
CBOT corn ended steady amid ongoing competing inputs. Funds were buyers initially following Monday’s decline in crop rating and ahead of excessive heat in W Europe this week. However, EU heat won’t be lasting and a more favorable pattern of lite rain and cooler temps evolves in Ukraine moving forward. The debate over US acreage…
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