World Perspectives
feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Wheat The grain exchanges issued new estimates for new crop wheat production with the Buenos Aires Grain Exchange more optimistic at 12.4 MMT, and the Rosario Grain Exchange down at 11.8 MMT. In general, the market appears to be trading based on a 12 MMT crop, with some bears much lower than that. Wheat exports will be 7 MMT, versus 14.5 MMT last year. The rains of the last few days have had no effect on most of the wheat area since it is late, but it could give a final push to the wheat south and southwest of Buenos Aires, and that growing east of the Pampas. However, this will not be enough to change total production estimates. This wheat crop looks dwarf, with little cover (vegetative growth) and the ear is affected.  The local...

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feed-grains soy-oilseeds wheat

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soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.365/bushel, down $0.0325 from yesterday's close.  Mar 26 Wheat closed at $5.095/bushel, down $0.1125 from yesterday's close.  Jan 26 Soybeans closed at $10.6275/bushel, down $0.09 from yesterday's close.  Jan 26 Soymeal closed at $302.4/short ton, down $1...

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