Corn posts a one month high. Soybeans struggle. October 2, 2023
Argentina remains dry. Last week's minimal rains for Cordoba were -98% from normal. Buenos Aires last week saw 0.1 inch, -82% from normal. The same rain total for the smaller producer, Santa Fe, was -77% from normal. There is no sign yet of a pattern change coming in the next two weeks. As a reminder, weather at planting or during the vegetative growth stage is not a determinant of final yields. Weather at reproduction and just after are the huge factors. The third factor, a relatively light one, is planting date.
Please login to your premium subscription to view this content in its entirety.
Post Archives
Allendale Insider
Allendale Insider
On The Go
On The Go
Market Movers
-
SA maps still look solid for rains in the 10 day
December 1, 2023
-
Trade expects strong exports and more 8 AM announcements
November 30, 2023
-
Open interest continues to fall drastically
November 29, 2023
-
Overnight reacting to slow BRA planting pace and may be looking for new China buying
November 28, 2023
-
Trade Holds On To Hope Of China Purchases
November 27, 2023
Market Movers
December 1, 2023
November 30, 2023
November 29, 2023
November 28, 2023
November 27, 2023
Snapshots
Snapshots