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With domestic production at record lows and private sector taking the lead, the island nation could leaning on U.S. producers more than ever.
Brad Kooima with Kooima Kooima Varilek says the rally late last week was impressive considering the equity markets were sharply lower on Thursday and Friday plus crude oil was higher.
Jerry Gulke president of the Gulke Group says when a market reacts negatively to positive news that’s not a good sign.
With record-shattering sales for older models and a scarcity of late-model units, buyer behavior and inventory continue to shift.
He finds that having fewer, well-managed plants in the field can outperform a denser stand of beans.
Corn, soybeans and bean oil futures ended lower on Friday fading EPA’s final Renewable Fuel Standard volumes. Dan Basse, Ag Resource Company, says the news was already priced into the markets.