AgResource Farm Marketing Advice for Wednesday: 1/ No new advice New single-family home sales in March came in at 683,000 homes, up 10% from February and beating the average trade estimate of 1.1%. It was the largest month-over-month increase since last August and the largest 1-month sales volume since March of last year. But compared…
CBOT futures are mixed at midday with the soy complex weaker, while corn and wheat futures gain. July soybeans are giving back half of Monday’s gain while the grains are holding in the plus category. Weather continues to command attention, but traders understand that US crop yields are made from the middle of June to…
Summary: Last week (May 19) Brazil exported 45,000 MT of corn last week. That compares to 95,000 MT the previous week. Argentine exports were 423,000 MT. Shipments from Ukraine are estimated to be 66,000 MT. US corn exports were 1.32 MMT. Brazil’s total corn export “commitments”, for the local marketing year, are 1.97 MMT vs 2.74…
AgResource Farm Marketing Advice for Tuesday: 1/ No new advice. 6:30 AM CT CBOT Prices: July soybeans are down 5.25 cents at $13.36, July corn is up 1.50 cents at $5.7275, and July Chi wheat is up 2.25 cents at $6.085. AgResource AM Grain/Oilseed Analysis: Good Morning! CBOT futures are mixed with an overnight sell…
Midwest U.S. emerging dryness is concerning.
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