It has been a mixed CBT trade with corn the upside leader while wheat holds chart support on improving world tenders/demand. Soy has traded either side of unchanged with traders agreeing that the overnight/AM rains helped the crop. The rain comes to late to produce much benefit to corn. ARC looks for a mixed close…
Summary: US ethanol production was down 4% this past week. Ethanol stocks declined 1.6% .Blender demand was estimated to be up 0.5%. Gasoline consumption was 2.3% from last week but was 3% below what it was in 2019. Futures-based ethanol producer margins on Aug 23 were $1.06/gln, up $0.27 from the previous week. A month ago…
AgResource Farm Marketing Advice for Wednesday: 1/ No new advice. 6:30 CT CBT Prices: Nov soybeans are down 4.25 cents at $13.2775, Dec corn is down 2.25 cents at $5.4325, with December Chi wheat down 7.75 cents at $7.245. AgResource Morning Grain/Soy Comment & Analysis: Good Morning! CBT futures are mixed to slightly lower following…
Highlight: Slowly, heat shifts into the Southeast and regenerates on West Coast. Wet pattern indicated for much of U.S. Chart of the day: Looking wet in September South & East. Discussion: NCEP CFS V2 model indicates a wet regime ahead for September to include Texas (and vicinity) plus the Great Plains to the Atlantic Seaboard.…
Highlight: Wet weather ahead for Canadian Prairies/Upper Midwest U.S. Fig. 1-2: ECM days 1-5/days 6-10 rainfall forecast for the U.S. AG Belt. U.S. AG Belt discussion: Two heavy rainfall episodes are forecast over the next 5 days across the Upper Midwest (Fig. 1). The first is tomorrow when 1-3 in. of rain is possible centered…
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?
