Overnight trading saw corn and soybeans firmer on continuation of yesterday’s post-WASDE rally, while bulls were firmly in control during the day session. The trade is increasingly suspicious of USDA’s numbers and the use of satellite imagery, and other data is starting to overrule official estimates. The biggest present risk to the U.S. corn and soybean balance sheets is acreage, which most are betting will be well below the July WASDE estimates. Vegetation greenness maps show less crop development than normal for this time of year, but whether this is due to delayed crop growth or fallow land remains to be seen. Funds, apparently, believe there is more unplanted land than USDA’s figures suggest.
A former colleague of...
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...