Tropical Storm Barry Outlook
Barry is not a powerful tropical cyclone but the attendant rain is impressive.
Barry is not a powerful tropical cyclone but the attendant rain is impressive.
After the remains of Barry are out of the picture – and that may take awhile – the northern U.S. should cool.
** AgResource Farm Marketing Advice for Friday: 1/ Corn Producers: Sell 20% of the 2021 corn crop at $4.24 and 20% at $4.29 basis Dec 2021 corn futures. This would price 60% of the 2021 corn crop ** 6:30 AM CDT CBOT Prices Are: November soybeans are down 3.50 cents at $9.1375, December corn is…
CME hog futures traded quietly through Thursday as the market consolidated earlier week gains, while the CME’s lean hog index slipped $.48/cwt lower to $0.77. The latest updates on estimated hog producer returns from IA State University showed a sharp drop in June; However, estimates for both the farrow-to-wean and wean-to-finish sides of the industry…
The primary feature of the July WASDE was a larger than expected cut in major exporter wheat production. Crop sizes were lowered in; Russia, Ukraine, Europe, Canada & Australia. Combined major exporter wheat production was reduced 9.3 MMTs from WASDE’s prior estimate in June. The attached graphic shows how world wheat stocks/use less China is…
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