Climate Impact Report: U.S. Week 2-4 Outlook is Wetter West, Warmer East
Wet weather ahead for the west/southwest Great Plains.
Wet weather ahead for the west/southwest Great Plains.
Soybeans Drop on Fund Liquidation Ahead of USDA Report: CBOT soybean futures were off 14-16 cents on Thursday. Market news has been limited during the transition from old crop to new crop, and trading interest is limited ahead of the September Crop Report. Soyoil paced Thursday’s decline with December falling below the 50-day moving average…
Wheat Corrects on Southern Plain’s Rain, Strong Dollar; Argentine Production Trimmed: Selling resumed in US wheat futures as needed rain lies ahead for much of the US HRW Belt next week and as cash markets in Europe continue to probe for demand. Russia’s dominance of near-term trade continues to be felt, but ARC’s research maintains…
Hog Futures Gain as the Cash Index Slides: CME hog futures were higher at Thursday’s close but were well under the early highs in quiet trade. The CME cash hog index was down $.55 at $86.01 and is projected $.18 higher for Friday. This breaks a nearly 4-week-long losing streak but still leaves the index…
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