AgResource LATAM, Sep 29
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AgResource Farm Marketing Advice for Thursday: 1/ No new advice. You have only one more day to download the app and retrieve your login credentials. Starting this Friday, our emails will no longer have analysis displayed in the body of the email. Instead, the emails will consist of two separate links that will…
EU Rapeseed Futures Soar to New Contract Highs: The European rapeseed market has exploded this week, with spot Matif on Wednesday settling at €645.50 per ton. This is equivalent to $750 per ton, which in turn reflects a premium to Nov CBT soybeans of 59%. This is the largest EU rapeseed premium to CBT soy…
Central US Forecast Consistent in Near-Term; Oct Climate Forecast Trends Warmer: The EU & GFS models are in agreement with respect to rainfall of .50-2.00” impacting the Southern/Central Plains, Delta and Southern Midwest between Thursday and next Monday. Warmth and dryness resumes in all areas Oct 5-10, and so harvest delays will not be lasting.…
Soaring fertilizer costs are on the minds of grain producers worldwide, and there’s little evidence to suggest energy & fertilizer markets break in the next 90 days. EIA data this week featured another contraction in US crude inventories as the gulf between production and consumption remains rather wide. There is no doubt the cost of…
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