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MORNING-Midwest Digest, May 31, 2021

MIDDAY-Midwest Digest, May 31, 2021

Jun 15, 2021 to Jun 17, 2021 Max Armstrong shares that the pandemic provided little economic impact on many families with the personal savings rate ballooning well above where it was before the pandemic. Max notes that boat sales jumped 35% in the past year, and in Wisconsin the National Weather Service is putting out an experimental inland lakes forecast. From This Week in Agribusiness, there s news that Senate Ag leaders are promising a hearing on the cattle market situation. The cost of postage is going up in August, with the postal service boosting a stamp from 55 to 58 cents. And Max shares a special holiday sentiment.

Afternoon Market Recap for April 16, 2021

Soybeans grab double-digit gains while wheat comes in lightly mixed Corn prices faded for a second consecutive session Friday after another round of technical selling today. But nearby contracts still finished the week strong, moving more than 1.5% higher after capturing big gains earlier in the week. Soybean prices carved out moderate gains of around 1%, meantime, as traders shifted their focus back to historically tight supplies. Wheat prices were narrowly mixed, meantime, with CBOT futures dropping slightly while Kanas City HRW and MGEX spring wheat futures found small gains today. NOAA’s latest 72-hour cumulative precipitation map indicates that very few areas in the Midwest or Plains will see more than 0.1” of additional rains between Saturday and Tuesday. The agency’s 8-to-14-day outlook predicts some seasonally cool weather between April 23 and April 29 centered around the Great Lakes region, with wetter-than-normal conditions likely east of the Mississippi River.

Afternoon Market Recap for April 16, 2021

Afternoon Market Recap for April 16, 2021
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