Summary: The lineup of ships waiting or scheduled to load US soybeans is 3.67 MMT (80 MBU), down 6% from the previous week. Next week’s soybean export inspections could be 2.165 MMT (80 MBU), up 4% from this past week. There were 34 vessels to-be-nominated (TBN), up from last week. US soybean export commitments to China are 18.85…
CBOT futures opened lower, but quickly uncovered investor demand based on strong ethanol/soybean crush margins. Soybeans and wheat rallied while corn futures bounced off their overnight lows. Sinking crude oil futures has capped the rally, but the tone of the CBT remains bullish. Investment funds have a sizeable amount of capital to place in the commodity…
Comparing CIC/NOAA winter/spring precipitation forecasts for the U.S. Colder Western Europe. More heavy rains Eastern Australia. Fig. 1-4: Climate Impact Company constructed analog precipitation anomaly forecasts for winter and spring ahead compared to the NOAA/CPC forecast. U.S. discussion: The question of drought risk through spring 2022 in the Great Plains was addressed yesterday as Climate…
Ukraine’s corn harvest advanced 7% this past week with 80% of the corn area combined. Ukraine’s cumulative average corn yields nearly matches the record high (for this stage in the harvest). The cumulative average yield is 7.22 MT/HA (see red line in chart below). That is well above last year’s 5.01 MT/HA (see black line).…
AgResource Farm Marketing Advice for Friday: 1/ No new advice. 6:30 CT CBT Prices: January soybeans are down 6.75 cents at $12.585, Dec corn is down 4.50 cents at $5.685 with Dec Chi wheat down 5.00 cents at $8.15. AgResource Morning Grain/Soy Comment & Analysis: Good Morning! CBOT futures have come under pressure following a…
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?
