Poor spring planting conditions forced USDA to throw its usual cautiousness to the wind as the May WASDE affirmed a bull market. The market firmed ahead of the release as thoughts of buying a dip evaporated and instead wheat skyrocketed. Corn and soybeans remain down for the past five trading sessions but today’s action catapulted wheat into new contract highs.
USDA emphasized the uncertainty presented by Russia’s invasion of Ukraine and saber-rattling by Moscow will keep markets on edge. USDA cut its forecast for Ukraine’s wheat and corn exports though no one knows for sure how much can be produced and moved over rickety supply lines.
Wheat was up sharply with Minneapolis up the daily limit and new contract hi...
The magpie goose (Anseranas semipalmata) is the sole living representative species of the family Anseranatidae. This waterbird is found in northern Australia and southern New Guinea.[2] The species is not truly migratory but it sometimes travels large distances to find food and water, especiall...
The common ostrich (Struthio camelus), or simply ostrich, is a species of flightless bird native to certain areas of Africa (and historically, Arabia) and is the largest living species of bird. The common ostrich is one of two extant species of ostriches, the only living members of the genus St...
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A pika (/ˈpaɪkə, ˈpiːkə/ PY-kə, PEE-kə[3][4]) is a small, mountain-dwelling mammal native to Asia and North America. With short limbs, a very round body, an even coat of fur, and no external tail, they resemble their close relative the rabbit, but with short, rounded ears.[5] The large-eared pi...
