Climate Impact Report: Drought expansion/intensification. West/Central to Northeast heat! Latest U.S. month 1-3 outlook.
Drought expansion in the Great Plains remains in the warm season outlook.
Drought expansion in the Great Plains remains in the warm season outlook.
US Wheat Futures Correct on Weak European Market: US wheat futures ended weaker, led by CBOT contracts, as Paris milling was unable to build upon last week’s rally. The EU market will be the proxy for Ukrainian conflict and Black Sea grain flows moving forward. ARC also notes Gulf HRW is offered a sizable $35-60/MT…
Hogs Correct on Profit-Taking; Cash Holds Firm: Hog futures closed mixed on nearby weakness, as the market extracted premium from the thinly traded May contract while driving December back near $90. The CME cash hog index gained $.35 to $100.33, while the slaughter report indicates another $.17 higher for Wednesday to mark the 5th consecutive…
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