BRL Real – Spot 1 USD = R$ 4,94 ARG Peso – Spot 1 USD = $ 214,24 The Argentine government regulated the Soybean Export Increase Program According to Resolution 115 of the Ministry of Agriculture, those who already have Sworn Declarations of Foreign Sale (DJVE) of grains in force and with expiration of the…
Thank you for subscribing to AgResource Weekly Newsletter! In this report we take a look at the pace of US corn and soybean exports as well as the recent surge in Chinese soybean imports from all origins.
Unfortunately, there’s little evidence to suggest a meaningful US pattern change occurs prior to mid-May. The CFS model’s latest week 3 (top) and week 4 precip anomaly forecast is attached. An ongoing trend of below normal precip exists across the Plains and SW Midwest. Temps in the 16-30 day period are projected to be at…
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