Soybean weekly exports were down 718,000 MT from the previous week. Cumulative soybean exports are up 1.3% from a year ago. USDA projects total global soybean exports to be up 4.4% from a year ago. USDA’s Nov projection was lowered 0.6% from the previous month. Corn weekly exports were up 12,000 MT from the previous week.…
Soybean weekly exports were down 718,000 MT from the previous week. Cumulative soybean exports are up 1.3% from a year ago. USDA projects total global soybean exports to be up 4.4% from a year ago. USDA’s Nov projection was lowered 0.6% from the previous month. Corn weekly exports were up 12,000 MT from the previous week.…
AgResource Farm Marketing Advice for Wednesday: 1/ No new advice. 6:30 CT CBT Prices: January soybeans are up 8.50 cents at $12.5975, Dec corn is up 1.50 cents at $5.725 with Dec Chi wheat up 1.00 cent at $8.115. AgResource Morning Grain/Soy Comment & Analysis: Good Morning! CBOT futures are firmer this morning and trying…
Highlight: More heavy rain events East next 10 days. Chart of the day: Heavy rains Southeast Australia on Sunday. Discussion: ECM indicates a heavy rainfall episode in Southeast Australia focused on Sunday when several (or more) in. of rain may occur. Week-2 Ahead Forecast valid November 21-27, 2021: Another wet weather event on the East…
Highlight: Still wet Brazil/dry Argentina. Wet, but not as cold in Europe. Fig. 1-2: GFS 15-day rainfall anomaly forecast and 24-hour change. South America discussion: Wet regime across much of Brazil spring into early summer continues. The GFS indicates mostly above normal rainfall continuing in the 15-day outlook with heaviest amount in key crop areas…
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