The National Grain and Feed Association members report significant rail service disruptions from the Union Pacific (UP), Burlington Northern Santa Fe (BNSF) and Norfolk Southern (NS) railways.
Responding to higher world prices, farmers in Mato Grosso, Goias, Sao Paulo, Minas Gerais and the Matopiba region of Brazil probably planted more safrinha corn . . .
May soybeans rose 22 1/4 cents to $17.18 3/4, the highest settlement for a nearby contract since September 2012. May soyoil jumped 143 points to 75.97 cents per pound, while May soymeal climbed $8.30 to $485.10.
