CBOT Corn Unwilling to Extend Recovery on Favorable South American Weather: CBOT corn futures ended 2-4 cents lower. ARC’s research continues to suggest that near-term bullish input will be confined to adverse South American weather and new trade deal demand from China. The major forecasting models are consistent in bringing soaking rainfall to Argentina next…
** CBOT values are mixed at midday. Soy futures are holding firm while the grains ease in low volume. The market is adrift with headlines directing daily price direction. Today’s headlines relate to the US/China trade war and that US President Trump is willing to place additional tariffs on China if there is no Phase…
Summary: US ethanol production rose fractionally. Ethanol stocks were down 2.2% falling to a 2019 low. Some analysts had expected an increase in stocks. Blender demand was estimated to be down about 1.0%. Ethanol producer margins on Nov 20 were 40.91 cents/gln, up from the previous week’s 34.23 cents. Blender margins were 2.41 cents/gln, up…
Click here to read this week’s Weekly Report
The constructed analog climate forecasts for seasons 1-3 ahead for North America are updated.
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?
