Summary: US wheat export commitments are above last year but below the long-term average for this time of year. In the September WASDE, the USDA pegged 2019/20 “all wheat” exports (grain plus products) at 975 Mil Bu. That’s unchanged from the August projection. ARC is projecting US exports of 950 Mil Bu. Also in the September…
Two heavy rainfall events are ahead teh next 10 days.
** AgResource Farm Marketing Advice for Thursday: 1/ Corn Producers: Hedge 20% of the 2021 corn crop at $4.24 basis Dec 2021 corn futures. This would price 60% of the 2021 corn crop. 2/ Soybean Producers: Hedge 10% of the 2020 soybean crop at $9.64 basis November 2020 futures. 3/ Soybean Producers: Hedge 20% of…
Cooler trend especially the 6-10 day forecast across the Central U.S.
-NAO and widening snow cover could lead to a colder U.S. pattern ahead.
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