AgResource Weekly Newsletter, July 20
Click here to read this week’s Weekly Report
CBT Corrects AM Gain as Midday GFS is Slightly Cooler with Rain for Iowa in Days 9-11; Central US Ridge Shows No Change into August 4th
CBT futures are higher at midday with corn/soybeans pacing the rally. The wheat market also jumped with Minneapolis September testing its prior contract high set yesterday at $9.445. Threatening Central US weather is the catalyst for the CBT rally as traders can look past Monday’s macro financial market meltdown. A strongly higher CBT close is…
Soybeans Exported to China
Click here to view the data G-3 soybean shipments to China this past week were 1.631 MMT, up sharply from the previous week’s 893,000 MT and more than last year. G-3 cumulative shipments to China are estimated to be 80.70 MMT. That’s a record and up 738,000 MT (1.3%) from a year ago. It’s also…
Soybeans Exported to China
Click here to view the data G-3 soybean shipments to China this past week were 1.631 MMT, up sharply from the previous week’s 893,000 MT and more than last year. G-3 cumulative shipments to China are estimated to be 80.70 MMT. That’s a record and up 738,000 MT (1.3%) from a year ago. It’s also…
