Argentina weather forecast Archives

Corn market holds firm

Corn market holds firm

Futures activity Mar-23 futures saw pressure early last week that took the contract to $6.66 per bushel, but prices appreciated by close of Thursday back above $6.80 per bushel. S&D and fundamental factors Ethanol production was relatively flat the week ending Jan. 20, at [...]

By Eric Thornton|January 30, 2023|Categories: Corn & Soy Complex, Ethanol, Weather|Tags: Argentina corn crop, Argentina weather forecast, ethanol production, ethanol stocks, Mar-23 corn futures, USDA|0 Comments

Soy complex pressured by improved weather

Soy complex pressured by improved weather

Futures activity Spot soybean oil fell to just under 62 cents per pound Friday, hitting six-month lows. S&D and fundamental factors The Rosario Exchange cut Argentina’s soybean crop all the way to 37 MMT—well below USDA’s estimate of 45.5 MMT in the January WASDE. [...]

By Eric Thornton|January 23, 2023|Categories: Corn & Soy Complex, Edible Oils, Weather|Tags: Argentina soybean crop, Argentina weather forecast, Brazil weather forecast, Spot soybean oil futures, The Rosario Exchange, USDA, WASDE|0 Comments

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