Corn and soy in the green ahead of WASDE | Thursday, February 8, 2024
Corn and soybeans still in green following bearish WASDE
Source: agriculture.com
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Brazilian soybean crop remains big
February WASDE also sees domestic consumption of U.S. grains and oilseeds shrinking.
Source: farmprogress.com
Breakfast briefing: Rest of the world doing ok as China stumbles
US jobless claims fall; US cereal output rises; UST yields rise; India holds policy rate; China deflation deepens; container freight rates stay very high, UST 10yr 4.17%; gold slips but oil rises; NZ$1 = 60.9 USc; TWI-5 = 70.4
Source: interest.co.nz
American Sugarbeet Growers Association learns about sugar policy, politics and markets
The second day of the ASGA annual meeting was packed with topics like sugar policy and markets, as well as retirement speeches from board members and a retirement tribute to a longtime ASGA employee.
Source: agweek.com
What to expect in the February WASDE report
The World Agricultural Supply and Demand Estimates (WASDE) are released each month by the USDA and provide annual forecasts for supply and use of both U.S. and world wheat, rice, coarse grains, oilseeds, and cotton. The January report is typically thought of as a market mover because it provides revisions to the previous year’s total […]
Source: kxel.com