Click here to view the data G-3 soybean shipments to China this past week were 3.19 MMT, up from the previous week’s 2.21 MMT and larger than last year. Oct to mid-April G-3 cumulative shipments to China are estimated to be 54.38 MMT. That’s a record and up 4.9 MMT (9.9%) from a year ago.…
Click here to view the data G-3 soybean shipments to China this past week were 3.19 MMT, up from the previous week’s 2.21 MMT and larger than last year. Oct to mid-April G-3 cumulative shipments to China are estimated to be 54.38 MMT. That’s a record and up 4.9 MMT (9.9%) from a year ago.…
CBT futures are sharply higher at midday. Corn, soybean and soyoil futures have scored fresh contract highs with May soybeans/soyoil being the upside leaders. The volume of CBT trade was extremely active in early morning dealings, but futures/volume have eased at midday. AgResource expects that funds will return near the close with additional buying to dress…
Chart of the day: Europe drought analysis. Discussion: The latest Europe Drought Observatory (EDO) analysis of current drought conditions indicates sparse risk areas. The Baltic region is trending less dry. Crop areas are certainly fine for springtime across most of Europe. Week-2 Ahead Forecast valid April 26-May 2, 2021: Strong chilly Northwest upper trough/wet across…
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