CBT values are lower at midday as the fund selling pace quickens on Ida related US Gulf export delays and the acute weakness that is being felt in cash basis bids. The Delta harvest is accelerating with test cuttings underway in the Southern and Central Midwest. December corn fell to a fresh low at $5.1075…
Due to the Labor Day holiday in the US on Monday, the next edition of the AgResource Weekly Newsletter will be published on Wednesday, September 8th.
AgResource Farm Marketing Advice for Tuesday: 1/ No new advice. 6:30 CT CBT Prices: Nov soybeans are up 7.75 cents at $12.9975, Dec corn is up .50 of a cent at $5.245 with December Chi wheat up 2.50 cents at $7.2875. AgResource Morning Grain/Soy Comment & Analysis: Good Morning! CBT futures were mostly firmer overnight…
Summary: China’s preliminary estimate for August soybean imports was 9.49 MMT. “Cumulative” imports are a record 92.9 MMT (Oct’20-Aug’21). USDA is projecting total imports to be just 97 MMT (Oct’20-Sep’21). Cumulative shipments of soybeans to China are estimated to be 101.7 MMT. It’s possible that COVID restrictions could slow the pace of vessel unloading’s but that…
Charts of the day: Temperature forecast bias days 6-10 past 30 days. Discussion: The temperature bias in the 6-10-day period by the GFS ENS for the past 30 days is much too warm! The ECM ENS has shown little bias and considerably better skill scores. Medium-range 6-10 Day Forecast Valid September 12-16, 2021 Medium-range…
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?
