Mixed trade for grains after new Middle East tensions. October 9, 2023
Argentina remains dry with no change to El Nino based moisture yet in the current forecast. Last week's rains were -76% below normal for Cordoba, -68% for Buenos Aires and -84% for the smaller producer Santa Fe. As we are still some ways from the key yield determination dates this story is ony providing moderate support.
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Allendale Insider
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SA maps still look solid for rains in the 10 day
December 1, 2023
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Trade expects strong exports and more 8 AM announcements
November 30, 2023
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Open interest continues to fall drastically
November 29, 2023
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Overnight reacting to slow BRA planting pace and may be looking for new China buying
November 28, 2023
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Trade Holds On To Hope Of China Purchases
November 27, 2023
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