Grain prices are trading mostly sideways as the complex prepares for some US acreage forecasts out from the USDA later today, as well as factoring updated soybean production forecasts from Argentina.
Today we look at what acres in 2018/19 is setting up to be and how corn and wheat prices are starting to show a glimmer of hope.
Grain prices are continue to the progress of South American planting and North American harvest. Some hiccups that are impacting trade though include the Canadian Loonie, new grain price forecasts, and trade taxes.
FarmLead Breakfast Brief Thursday, October 5th, 2017 “More business is lost every year through neglect than through any other cause.” – Rose Kennedy (American philanthropist) Good Morning! At 7:35 AM CDT in the North American futures markets (*not cash prices*): (all prices in
FarmLead Breakfast Brief Monday, September 18th, 2017 “We may achieve climate, but weather is thrust upon us.”- William Sydney Porter (US author) Good Morning! At 7:15 AM CDT in the North American futures markets (*not cash prices*): (all prices in dollars per bushel unless
Good Morning ! North American futures markets (*not cash prices*): (all prices in dollars per bushel unless otherwise indicated) $1 USD = $1.296 CAD, $1 CAD = $0.7716 USD) Monday’s close Sept Corn: $3.78 USD or $4.899 CAD Aug Soybeans: $9.70 USD or