Corn Argentina Last week’s heatwave in Argentina was as bad with temperatures above 40C (104F) and strong winds in many places. By the week’s end, however, the weather pattern changed, and rains fell over nearly all the agricultural area with total precipitation amounts varying greatly.
For the early crop, the rains came about 10 days too late to do much good. Most of the crop has passed through the critical yield-defining stages when moisture was needed to achieve heavy grain fill and large yields. Yields will certainly be affected, and last week’s rains did little other than to stop further losses. The late crop, which represents about 60 percent of the planted area, is still in vegetative stages and ha...
The corn and soy complex closed higher, with the wheat market mixed, as winter wheat closed up but spring wheat and livestock ended lower. Part of the strength for corn and soybeans may have been a weather premium, as crop planting has started out fast but warm weather has been slow to develop...
Reflect for a moment on what you eat. There is a lot of advice out there in the ether about what you should eat, but really, what do you currently eat and how much? The good people at the USDA have some data for you, to help you answer that question. USDA says that we eat quite a bit of meat. L...
WPI recently completed an expansion of our methodology for estimating and forecasting U.S. and global soybean crushing margins. The new approach incorporates the energy market’s expanding influence on the oilseed sector and the structural changes in global biofuel demand. This report is i...
