Acreage report to impact July WASDE numbers

This month’s WASDE is set for release on Friday, Jul. 10, and as usual, the industry will see how its expectations stack up against USDA corn and soybean market forecasts. The Jun. 30 Acreage report, which saw lower corn acres and higher soybean acres, [...]

Summer heat puts a crimp in the natural gas supply build

Last week’s surprisingly strong 120 bcf per day weekly EIA build number gave way to a more modest 65 bcf, about half the prior week’s level. Hotter summer temperatures are settling in across the country for July with summer in full swing. Although stocks [...]

Blueberry harvest to start soon

This year’s cultivated blueberry crop is expected to be average to above average. Unlike the tart cherry crop that was hit hard due to an early freeze, the blueberry crop was not impacted. Harvest should start in the next few weeks, and overall production [...]

Corn acreage shocks the market

In what can only be described as a historical market shocker, the nation’s farmers last week indicated planted corn acres at merely 92 million, per USDA’s Acreage report. Although this reflects an increase of 3 percent over last year’s late-planted crop, it is down [...]

Columbians look to form global cannabis hub

Some investors see great potential for cannabis production and processing in Colombia despite a few regulatory and climactic hurdles. For starters, the equator runs through Colombia, meaning warm temperatures, tropical rains, and long, sunny days, conditions that are perfect for growing cannabis plants, including [...]

Crop tour 2020: Day 2, western Nebraska, Iowa, Illinois, & western Indiana

Day 2 of the crop tour was a ten-hour drive from Lincoln, NE to Indianapolis, IN (see map below). Driving out of Nebraska and into Iowa, corn and soybean crops looked noticeably more mature, I would estimate one to two weeks ahead of Nebraska [...]

Latest sea surface temperatures may hold clues for upcoming cocoa season

The latest NOAA satellite data is yielding some interesting observations for weather across West Africa in both the short and long term. Specifically, we have seen a significant cooling in the equatorial Pacific region consistent with potential development of La Niña later this year. [...]

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