Long Corn
Buy 2 December Corn at $4.85, stops on a close below $4.49.
Buy 2 December Corn at $4.85, stops on a close below $4.49.
The volume of CBOT trade was active for the 1st half hour and has since slowed with mixed prices noted at midday. KC wheat has continued its decline on liquidation while bull spreading is back in vogue in old/new corn and soybean spreads. Cash basis bids in both the US and South America are rising…
Click here to view the data G-3 soybean shipments to China this past week were 2.205 MMT, down from the previous week’s 2.59 MMT and lower than last year. Oct to Mar G-3 cumulative shipments to China are estimated to be 50.22 MMT. That’s a record and up 6.76 MMT (15.6%) from a year ago.…
Click here to view the data G-3 soybean shipments to China this past week were 2.205 MMT, down from the previous week’s 2.59 MMT and lower than last year. Oct to Mar G-3 cumulative shipments to China are estimated to be 50.22 MMT. That’s a record and up 6.76 MMT (15.6%) from a year ago.…
Highlight: Warmer and mostly drier changes. Charts of the day: Past 7 days of rainfall and current soil moisture. Discussion: The past week brought a complete reversal in rainfall pattern for Argentina as no rain was reported while most Brazilian Crop Areas were also drier than normal. Late warm season drought persists in Brazil and…
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