Current US Drought Monitor
Shows extreme drought in major cotton growing areas in Texas and click read more to see other areas of the country.
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Note this is where we have gone with Soymeal since January and we still have about $40.00 to go…..
Soybean bears seem to be making a little more noise about a burdensome balance sheet. The production problems in Argentina have been well advertised, but the trade seems uncertain about the full extent of damage. The Rosario Grain Exchange made a huge cut yesterday to their Argentina soybean production Read More
The latest U.S. Drought Monitor remains relatively unchanged in areas like Kansas and Texas that are currently experiencing D3 or extreme drought, or parts of northwestern Oklahoma in the D4 or exceptional drought stage.
Grains
Grain prices this morning are mixed with Mar corn unch, Mar soybeans -1.75 (-0.17%), Mar wheat +0.25 (+0.06%). Grains on Wednesday settled mixed: Mar corn +0.25 (+0.07%), Mar soybeans +7.75 (+0.75%), Mar wheat -2.00 (-0.45%). Bullish factors included (1) drought concerns in Argentina, the world’s largest soybean Read More
Gives the lie that exports are whats behinds higher DDG prices since exports for 2017 are BELOW 2016 !
I must have all orders in
NO LATER than THURSDAY DECEMBER 21st, 2017 by 9am…
Trying to get on top of all the orders for the following 2 weeks. Christmas is on Monday! & Then we will be into the new year.
Please think about your feed Read More
Assuming “normal” South American crops, I suspect we’ll eventually catch up
with predicted corn exports, but I’m not sure about soybeans–depends on China
CORN SHIPMENTS ARE RUNNING AT 56% VS. LAST YEAR VS. USDA FORECAST 84%
SOYBEANS 87.5% 103.5%
WHEAT 93% 95%
CORN EXPORTS ARE RUNNING AT 55% VS. LAST YEAR VS. USDA FORECAST 84%
SOYBEANS 88% 103.5%
WHEAT 94% 95%
