A rally in crude oil and rumors of Chinese crushers needing to book soybeans and soyoil helped the CBOT open firmer. Corn and soybeans traded higher for the day while wheat continued to post losses as traders bear spread that commodity against corn and soybeans. Soyoil/soymeal bear spread were also a theme of today’s trade. Volumes at the CBOT were light as funds appear to be more interested in trading the crude oil/equity rally than the bear market in ags. Farmers made solid progress planting spring crops last week, despite unfavorable weather this weekend. The corn and soybean crops are ahead of schedule while cold, rainy weather across the northwestern U.S. hampers spring wheat planting.
The weekly Export Inspection...
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...