Sunday Pre-Opening CBOT Calls Are: Soybeans 1-4 cents higher, corn 1-2 cents higher with wheat called 1 cent lower to 2 cents higher. AgResource Week Ahead Market Discussion: CBOT grains are called mixed to slightly higher. News over the weekend had leaks from the Biden Administration offering that the EPA’s Biofuel RVO Program would…
Summary: This week’s soybean export inspections could be 500,000 MT (8 MBU). That would be up 238% from the previous week. This week’s US soybean ship lineup is 231,000 MT (53 MBU), down 42% from the previous week. There were 11 vessels to-be-nominated (TBN), down 5 from the previous week. USDA left their projection for 2022/23 US exports unchanged at…
Mid-summer dryness in the U.S. Corn Belt expected.
The climate is changing. What is the new (summertime) normal for the U.S. and EU/RU compared to the traditional 30-year normal?
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