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Chinese wheat harvest, final holiday positioning weigh on corn and wheat Corn mixed to down 1-3 cents Soybeans mixed to down 1-3 cents, soyoil down $0.25/lb, soymeal up $0.30/ton Wheat mixed Prices as of 6:50 am CDT. Good Morning! Markets will be closed on Monday in observance of Memorial Day. The morning newsletter will not be published on Monday but will resume its normal schedule on Tuesday. Enjoy the holiday safely, everyone! And don’t forget the cheese for your burgers! Editor’s Note: Variable weather conditions are the overarching theme of current market volatility, with farmers battling excessive dryness and wetness in various corners of the Heartland. Our latest ....
May WASDE report gives first look at new crop outlook The May report included not only the use and ending stock estimates for the 2020-21 crops, or old crop, but also the first breakdown of projected supplies and demand for the 2021-22 new crop corn and soybeans that farmers are currently planting. Written By: Michelle Rook | × For the new-crop, currently being planted, USDA in the May WASDE report pegged corn production at 14.99 billion bushels based on a 179.5 bushel per acre yield and the 91.1 million acreage projection from the USDA Prospective Plantings Report. (Erin Ehnle Brown / Grand Vale Creative LLC) The U.S. Department of Agriculture on Wednesday, May 12, released its monthly World Agricultural Supply and Demand Estimates report. The May report included not only the use and ending stock estimates for the 2020-21 crops, or old crop, but also the first breakdown of projected supplies and demand for the 2021-22 ne ....
Environmental News For The Week Ending 09 May 2019 This is a collection of interesting news articles about the environment and related topics published last week. This is usually a Tuesday evening regular post at GEI (but can be posted at other times). Please share this article - Go to very top of page, right hand side, for social media buttons. Note: Because of the high volume of news regarding the coronavirus outbreak, that news has been published separately: Major coronavirus metrics continue to head lower in the US, and now also globally. New cases in the US during the week ending May 8th were down 18.6% from new cases during the week ending May 1st, and are now down 83.3% from the January peak; this week also saw fewer new cases than any week since September. This week s US deaths attributed to Covid were 6.8% lower than the prior week s, and down 80.5% from the January high; US Covid deaths are now at the lowest rate since since the second week of July. ....