Risk off into the end of the trading month is the mindset at midday with corn, soy and wheat futures all under pressure. Gold is off nearly $50/oz while Bitcoin has fallen below $45,000 as is looking at its largest weekly loss since when the US pandemic started in March of 2020. The US dollar…
Highlight: Mostly very warm east of the Continental Divide. California trends cooler. Chart of the day: Late season gas population weight HDD forecast. Discussion: The outlook indicates below normal national heating demand as any arctic air has departed North America. The forecast trend is warmer since yesterday for the first third of March. The Mar.…
Highlight: A flash drought is ahead in March for Argentina. Charts of the day: ECM day 1-5/day 6-10 rainfall forecast. Discussion: The day 1-5 outlook is thundery cross the Brazil soybean crop areas while in northeast Argentina dryness persists and temperatures trend hotter. In the 6-10 day period dryness prevails across most of the Argentina…
Summary: Next week’s soybean export inspections could be 700,000 MT (25.7 Mil Bu). That would be up 3% from this past week. This week’s ship lineup is 601,000 MT. That is down 40% from last week and a 32-week low. There were  26 vessels to-be-nominated (TBN). That is up sharply from the past few weeks. This past…
AgResource Farm Marketing Advice for Friday: 1/ No new advice. 6:30 AM CBOT Prices: May soybeans are down 19.75 cents at $13.8775, May corn is down 8.25 cents at $5.415 while May Chi wheat is down 13.50 cents at $6.62. AgResource AM CBOT Comment & Analysis: Good Morning! CBOT futures are lower this morning following…
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?
