AgResource Breaking Analysis – Brazil Crop Tour
Join AgResource Analyst, Ben Buckner, and AgResource Brasil Manager, Raphael Mandarino for today’s recap of the AgResource Brazil Crop Tour! VIDEO LINK: https://youtu.be/q4cuy94h0hY
Join AgResource Analyst, Ben Buckner, and AgResource Brasil Manager, Raphael Mandarino for today’s recap of the AgResource Brazil Crop Tour! VIDEO LINK: https://youtu.be/q4cuy94h0hY
AgResource Farm Marketing Fills for Tuesday: 1/ Corn Producers: Sold the last 10% of 2022 corn production at $6.70 basis March corn futures. AgResource Farm Marketing Advice for Wednesday: 1/ Wheat Producers: Sell another 20% of the 2022 wheat crop if March Chi wheat reaches $8.02. If filled, 2022 sales will be pushed to 60%.…
Argentine Forecast Stays Wet; Market Wants to See Actual Rainfall: The EU and GFS models remain in broad agreement on the South American pattern into the end of January. Needed soaking rainfall worth 1-3” is offered to some 60-70% of Argentina’s crop belt this week, including important regions of Cordoba, Buenos Aires, and La Pampa.…
Drought to be Eliminated in Eastern Midwest: Rain/Snow Expands into Central Plains: Central US weather is not overly relevant in January, but it is important that the coverage of drought will continue to shrink, not expand. The attached graphic shows the GFS’s projected change in soil moisture over the next 8 days. Improvement will be…
The January NOPA report showed a disappointingly slow December soybean crush rate as a widespread winter storm delivered snow and bitterly cold temperatures that impacted soybean processors across the entire Midwest. NOPA reported a December crush total of 177.5 Mil Bu, which was well below expectations of 183 Mil Bu. Compared to last year, crush…
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?