by ago_admin | Sep 11, 2024 | Uncategorized
The Chicago Mercantile Exchange Inc. (CME) has announced amendments to the daily price limits for Live Cattle and Feeder Cattle Futures contracts. These changes, pending approval from the Commodity Futures Trading Commission (CFTC), are set to take effect on October...
by ago_admin | Sep 6, 2024 | Uncategorized
Grains:- Cotton export sales:- 207,500 bales for current marketing year- 8,400 bales for 2024-2025- Cumulative sales: 4.648 million bales, down from 5.312 million bales last year and below 5-year average of 6.91 million bales- Sales at 33% of USDA forecasts vs 5-year...
by ago_admin | Aug 19, 2024 | Uncategorized
Grains:- Corn carryout for 2024/25 estimated close to 2.3 billion bushels- Soybean carryout for 2024/25 estimated around 530 million bushels, compared to USDA’s 560 million- Wheat carryout for 2024/25 estimated around 800 million bushels, compared to...
by ago_admin | Aug 14, 2024 | Uncategorized
Grains:- Soybeans lost approx 80 cents over 6 consecutive trading days- Speculative traders are said to have sold 10,000 corn, 11,500 soybeans, 5,000 soy products, and 3,000 wheat- Speculative short position in soybeans expected to be over 200,000 contracts- Soybean...
by ago_admin | Aug 8, 2024 | Uncategorized
Grains:- Corn production expected to be 15.124 billion bushels, up from the June estimates of 15.10bbu- Change this line to read: – Soybean production is expected to be 4.472 billion bushels, up from the June estimates of 4.435bbu- Soybean yield forecast at 53.9...