Click here to view US Reports Click here to view Global Reports Click here to view News Service Survey Data Click here to view Estimates by Firm Sirs and Ms: The attached file has four worksheets for comparing Tuesday’s (Jan 12) figures for: US 2020/21 crop Production US 2020/21 crop ending stocks, US Dec 1…
Click here to view US Reports Click here to view Global Reports Click here to view News Service Survey Data Click here to view Estimates by Firm Sirs and Ms: The attached file has four worksheets for comparing Tuesday’s (Jan 12) figures for: US 2020/21 crop Production US 2020/21 crop ending stocks, US Dec 1…
AgResource Farm Marketing Advice for Monday: 1/ Wheat Producers: Exit 25% of 2021 Wheat Hedges basis July Chi futures at $5.86. ARC feels uncomfortable with being 50% sold as the 2021 Russian wheat crop suffers under a drought. Managed money or fund positions have changed little since late November with the rally in the grain…
Meaningful Argentine Precip Confined to Northern Crop Belt; Dryness Persists throughout Southern Brazil: The two-week South American forecast is consistent. Showers will impact Argentina January 12-14, but soil moisture improvement will favor areas just north and west of primary producing provinces. La Nina’s impact on South America’s climate will be ongoing. Complete dryness returns to…
Global End Users to Use Breaks in CBOT Corn into June: Even ignoring ongoing drought in Argentina and far S Brazil, the US corn market is highly competitive in the world marketplace. CBOT corn has shown in recent weeks that even modest breaks lack follow though. This makes good fundamental sense as non-US markets continue…
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