AgResource Farm Marketing Advice for Thursday: 1/ No new advice. Crude oil futures fell sharply on Thursday amid lingering recessionary fears as the Biden’s suggestion of pausing gasoline taxes for three-months triggered concern that additional measures would be taken to cool prices. Yet, like so many other markets, elevated production is the only long-term fix.…
AgResource Farm Marketing Advice for Wednesday: 1/ No new advice. The 2022 US weather market is in full swing as evidenced by Tuesday’s dramatic reaction to a moderation in Central US temps. Weather-based volatility will be compounded by the need for record yields and as already the major forecasting models lack agreement in the near-term.…
AgResource Farm Marketing Advice for Tuesday: 1/ No new advice. June will be one of the warmest/driest in recent decades for the US which mandates a complete reversal of the existing weather pattern in July. The graphic below (top) is the percent of normal rainfall for June including the 13-day forecast. The other chart is…
AgResource Farm Marketing Advice for Friday: 1/ No new advice. Financial markets are betting (72%) that the US will endure a recession by 2024. The US business cycle is ongoing and collectively, record large public and private debt and rising interest rates will put the break GDP levels. However, world grain demand appears to be…
AgResource Farm Marketing Advice for Thursday: 1/ No new advice. The graphic reflects the divergence of NDVI in the greenness maps as of June 9th. Notice the acute drought that persists across the SW and WC US, which is starting to push eastward with the coming heat. Also notice the great vegetation start that has…
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?
