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We knew it wasn’t going to be good...and it wasn’t.
97 barges carrying mostly agricultural cargo now are forced to wait.
Later this week cooler air will overspread the Northwest, while the remainder of the U.S. will experience near- to above-normal temperatures.
I know this is going to surprise you, but the one word to describe this day was Variability.
Meteorologist Gail Martell provides her weather insight.
Brazil has already broken ground on a new superport in Rio de Janeiro.
Official Crop Tour results from South Dakota.
Crops in western Ohio and eastern Indiana were far below the norm.
With the 4R’s in mind growers can maximize profits while eliminating waste.
You can participate in Tour by scouting your corn fields and entering the data on the Virtual Crop Tour page.
Above-normal temps to persist for most of the U.S. through November.
Agrium is insulated from market forces to some degree by it’s retail operations.
This year’s lack of rain may have had some surprising and unexpected effects on soil nutrition.
Rains and below-normal temps will make it hard to generate near-term buying interest in soybeans without supportive demand news.
Highlights of USDA’s Weekly Export Sales Report.
87% of the U.S. corn crop are experiencing drought.
Using UREA rather than Potash and DAP is helping producers secure their bottom line.
Is your smart phone smarter than a 5th grader? This farmer design app makes filling grain trucks a one man job.
Eastern Corn Belt has been the beneficiary of recent rain.
Rain beneficial for Argentine winter grains.
Still, commercials step up to buy as supplies remain tight.
Deepwater operations are accelerating and BP expects to spend $4 billion on the Gulf of Mexico this year.
Following two sharp days of price declines, grains see short-covering.
Forecast doesn’t provide precip soybeans need to fill pods.
Many areas of the Corn Belt still need 12-15 inches of rain to reverse drought conditions.
The United States has not built a new Nitrogen producing plant since the early 1970’s.
End-user buying will determine how far prices correction on pullbacks.
Dry conditions in eastern Australia associated with El Nino.
Forecast calls for mostly normal precip across Corn Belt.
Rains can still benefit the soybean crop, but traders are also watching demand.