Short term weather forecast change starts this week. May 15, 2023
Bull spreads were stable today. The trade still has concerns that further declines in old crop exports need to be recognized. Additionally, the current planting pace by itself does suggest trend yields. On the other hand the market expects a minor decline ahead for Argentina's crop from USDA, two weeks ahead of US dryness and concerns over the Ukraine export deal.
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Allendale Insider
Allendale Insider
On The Go
On The Go
Market Movers
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Exports Expected Poor, Grains Move to a Range
June 2, 2023
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Overnight Trade Puts Beans and Wheat in the Middle of Last Week’s Trade
June 1, 2023
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Macro Selling Seen, Rain Coverage Increases
May 31, 2023
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Weather Maps Add Rain, Funds Not Short Covering
May 30, 2023
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End Of The Week, Holiday Short Covering
May 26, 2023
Market Movers
June 2, 2023
June 1, 2023
May 31, 2023
May 30, 2023
May 26, 2023
Snapshots
Snapshots