Agri Blog
Early AM Ag Update: June 17, 2024
- Cocoa market: Ivory Coast suspended cocoa bean exports for June to support domestic grinding industry. Supplies are short. Ghana's Marketing Board looking to roll 350,000 tons of pre-sale cocoa ahead to 2024-25 season, up from previous expectation of 250,000 tons. -...
Early AM Ag Update, June 14 2024
Cattle:- Cattle on feed numbers for this week are 122,000, down approximately 13,500 from a year ago- Cattle market gained about 0.2% so far this week- Choice/Select spread is widening - Cattle cash prices ranging from 186-198 Hogs:- Hog slaughter for the week was...
AM Ag Update June 13, 2024
USDA Report: - Corn comes in at 114m metric tons above USDA estimate - US winter wheat production raised 17m bushels to 1.295b bushels- Brazilian soybean production lowered 1m metric tons to 153m metric tons Market Figures: - Hog guild born and at 1000, down about...
Actual WASDE Report, June 2024
https://twitter.com/AgOptimus/status/1800935591997284532 Disclaimer: The risk of loss in Commodity Interest trading is substantial. Past performance is not indicative of future results. Any content presented should be viewed as a solicitation and an inducement to...
Weekly EIA (Energy Information Admin) Stats June 12, 2024
Disclaimer: The risk of loss in Commodity Interest trading is substantial. Past performance is not indicative of future results. Any content presented should be viewed as a solicitation and an inducement to conduct business with AgOptimus. Market information presented...
Mid AM Update, June 12 2024
Agricultural Markets: Corn rebounded after recent declines. USDA report at 11am expected to have little change to balance sheets. Weather could impact crops.Livestock: Cattle market up slightly. Beef prices mixed. Hog futures declined on export concerns yesterday....
June WASDE USDA Report, June 12, 2024
https://twitter.com/AgOptimus/status/1800883725204701583 Disclaimer: The risk of loss in Commodity Interest trading is substantial. Past performance is not indicative of future results. Any content presented should be viewed as a solicitation and an inducement to...
Early AM Ag Report, June 12
Wheat: Nearby futures YTD: SRW -1.2%, HRW +0.9%, HRS -6.8% Overnight prices: SRW -7 1/4, HRW -9 1/4, HRS -6 1/4 Week-to-date prices: SRW -6 3/4, HRW -18 1/4, HRS -20 1/2 Month-to-date prices: SRW -59 1/4, HRW -63, HRS -67 1/4 Funds net buyers of 8,000 SRW contracts...
June 11, End of Day Ag Report
- Prices down $0.02-$0.03- July24 support at $4.38 ¼- Dec-24 support at $4.58 ¼- US plantings at 95%, emergence at 85%- Ratings: 74% G/E (-1%), good (-2%), excellent & poor (+1% each)- Highest ratings since 2018- 9 states ratings up, 8 down, 1 unchanged- EU...
June 2024 WASDE Estimates
https://twitter.com/AgOptimus/status/1800589545358164421
