South America Week 2-4 Outlook: More Brazil/Argentina Dryness
The outlook continues dry in Brazil and much of Argentina into early October.
The outlook continues dry in Brazil and much of Argentina into early October.
Summary: Next week ’s soybean export inspections are expected to be 1.275 MMT (46.8 Mil Bu). If this is correct, that would be down 1% from the previous week. This week’s ship lineup is 848,000 MT. It is down 34% from last week. There were 20 vessels to-be-nominated (TBN). That is down from last week. This past week there were 6…
Mid-to-late September continues to trend warm.
AgResource Farm Marketing Advice for Friday: 1/ Corn Producers: Sell 20% of the 2021 corn crop at $4.26 basis Dec 2021 corn futures. This would price 60% of the 2021 corn crop. 6:30 AM CDT CBOT Prices: November soybeans are up 3.00 cents at $8.645, December corn is up 1.00 cent at $3.5975 with Dec…
September looks warm across most of the U.S.
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