
Articles
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5 days ago |
agriculture.com | Tony Dreibus
Corn futures were lower in overnight trading on forecasts for precipitation in some Midwestern states this week. Extremely hot weather to start the week will give way to rain, giving a boost to recently emerged corn and beans, according to forecasts from the National Weather Service. Chances for showers start Tuesday afternoon in parts of northern Indiana, southern Michigan and northeastern Ohio, the agency said.
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1 week ago |
agriculture.com | Tony Dreibus
Wheat futures were lower in overnight trading as the U.S. winter harvest ramps up. Ten percent of winter wheat was harvested as of Sunday, up from 4% a week earlier, the U.S. Department of Agriculture said in a report earlier this week. Still, that's well behind the prior five-year average of 16%. In Kansas, the biggest producer of winter varieties, 3% was collected versus the average of 11% for this time of year.
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1 week ago |
agriculture.com | Tony Dreibus
Grain and soybean trading is closed Thursday for the Juneteenth holiday. Trading is scheduled to resume for the overnight session. Ethanol output fell from a record high while inventories of the biofuel increased week to week, the Energy Information Administration said in a report. Production fell to an average of 1.109 million barrels a day in the week that ended on June 13, the agency said.
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1 week ago |
agriculture.com | Tony Dreibus
Soybean futures were lower in overnight trading amid favorable weather forecasts in much of the U.S. Midwest. Temperatures in parts of the Corn Belt are expected to rise into next week, but precipitation will limit stress on soybeans and corn that have emerged from the ground and are now growing, Commodity Weather Group said in a note to clients.
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1 week ago |
agriculture.com | Tony Dreibus
About 52% of U.S. winter wheat was in good or excellent condition at the start of the week, down from 54% seven days earlier, the Department of Agriculture said in a weekly report. Analysts polled by Reuters had expected the agency to leave winter wheat ratings unchanged. Ten percent of the crop had been harvested as of Sunday, up from 4% the previous week, but behind the prior five-year average of 16%. Still, overnight gains were capped as spring wheat vastly improved.
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RT @SitkaWriter: A slowdown at West Coast ports could mean cheaper Christmas trees in the U.S. as exports slow: http://t.co/D0kAbSoBHm

RT @NYMag: All 50 states (even Hawaii!) documented temperatures 32 degrees or below today: http://t.co/OoG83ty6xO

Great birthday weekend with my friends Mike, Pete, Jonny & Brad in LV! And great seeing Jason, Jim & Tala as well! Must do it again soon.