May 5, 2024 | 16:31 GMT +7
May 5, 2024 | 16:31 GMT +7
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(VAN) Nearby soybean contracts also trended slightly higher today. In contrast, wheat prices stumbled significantly, with most contracts down 1.5% to 2.5% on a round of technical selling and profit-taking.
(VAN) As the calendar flips to March, grain prices have surged in response to tight grain supplies, strong demand, inflation, and the war in Ukraine.
(VAN) Farmers have been busy with harvest. Basis levels have been staying firm.
(VAN) Soybean farmers used to be able to catch some rest and relaxation (R&R) in August before heading into harvest.
(VAN) New producer data from the nationwide August 2021 Farm Futures survey found U.S. farmers are likely to harvest less corn than currently projected by USDA, which could further constrain already tight supplies.
(VAN) Turkey’s wheat and barley output has been revised lower due to dry weather between April and June, according to a report from the US Department of Agriculture’s Foreign Agricultural Service (FAS).
(VAN) Unfavorable weather caused second corn yields in the center-south of Brazil to plunge to their lowest level in 10 years, agribusiness consultancy AgRural said on Monday, projecting productivity at 66.6 60-kilo bags per hectare.
(VAN) Treading water can make one rather fatigued; corn and soybeans have been treading water for months.
(VAN) At this time of year, Marci Green usually can expect her Fairfield, Wash. farm to have rolling fields of green, thick and tall wheat just about ready to be dried up for harvest.