CBOT futures are mixed at midday with an early grain rally failing. March corn and wheat bumped up against key technical resistance and retreated. Soybean futures have held stronger with March futures reaching a new rally high of $9.525. Soyoil surged following the big overnight gains in palmoil. Profit taking has been noted by the…
In a bit of a surprise some global forecast models are indicating risk of weak La Nina developing during or just-after mid-2020.
Summary: Last week, Brazil exported 564,000 MT of soybeans. That’s down from the previous week’s 678,000 MT but is 313,000 MT more than a year ago. Argentina did not report weekly trade stats last week. US inspections are expected to be 875,000 MT. As of Dec 20, Brazil’s export commitments were 71.0 MMT, 16.1% less…
A warm start to January which could linger East into mid-month.
Bare ground across SOuthwest Russia into Black Sea region is likely to continue.
Contact
submission
You have successfully added an item to your cart! You may view the contents of your cart and proceed with checkout, or continue shopping.
Multiuser
subscription
How many users would you like to add?
