AgResource Ag Investment Trades
AgResource Farm Marketing Advice for Friday: 1/ No new advice. The CPI on Wednesday remained elevated in September but showed signs of leveling off at 5.4%. However, the US Producer Price Index report for September showed another month of strong increases, reaching 8.6%. This was the largest difference the PPI and CPI in over a…
Chinese Corn Futures Recovering Rapidly; Seasonal Trend There Bullish into Spring: Dalian corn futures in China fell $26 per ton (7%) from early August to late September amid sizable summer imports from the US and others and as the Northern Hemisphere harvest loomed. China’s corn market has since rallied $19 per ton to a new…
Additional Unwanted Rain Impacts Eastern Midwest; Warmth/Dryness Returns this Weekend: Additional rainfall of .50-1.50” will be spread across southern IL, IN, OH and KY over the next 24 hours. 3-day precip accumulation as of Friday will be recorded in a range of 1.75-4.00” across MO, IL, IN and far western OH. Harvest there is unlikely…
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