CBT futures are higher at midday with active end user and fund buying noted following the opening. US funds/traders react to the USDA data in real time following the report, but Asian and European traders catch up in the day following. With European markets now closed for the weekend, its back to domestic US end…
AgResource Farm Marketing Advice for Friday: 1/ No new advice. 6:30 CT CBT Prices: Nov soybeans are up 13.75 cents at $13.35475, Dec corn is up 4.25 cents at $5.7725 with Sept Chi wheat up 14.00 cents at $7.675. AgResource Morning Grain/Soy Comment & Analysis: Good Morning! The USDA August crop report has passed, and…
Highlight: Mid-Atlantic a candidate for hurricanes. Presence of a Northwest U.S. trough alters the pattern early September. Charts of the day: The 7-day outlook…Fred moves inland. Discussion: Tropical Storm Fred travels northward just-off the West Coast of Florida this weekend and into the Southeast U.S. where the rainfall pattern widens encountering a weak cold front.…
Charts of the day: The 10-day forecast…Southern Europe heat shifts to West-central Russia. Discussion: Close to 120F on Wednesday in Italy; widespread 100’s for other parts of Southern Europe in a North Africa connection to Southern Europe super heat wave! The heat lingers through the weekend across much of Southern Europe. Drought now affects Spain…
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