Wheat Argentina’s wheat sowing is progressing at a good pace thanks to favourable weather conditions, and with a weekly progress of almost 14 percent, 71 percent of the expected area has been sown. There are still areas with virtually no moisture reserves (see map below with the areas of concern to the left of the black line) and many fields that are starting to fall behind. The Buenos Aires Cereal Exchange has once again reduced its sowing estimate by 100,000 ha, bringing the total to 6 Mha. The central-western part of the agricultural area is the most challenging, with no sign of rain.
Regarding the crop condition, only 28 percent of the wheat crop is rated as excellent/good, 65 percent as fair, and 7 percent as poor. At the sa...
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...
