After testing bottoms earlier this week, the commodity market (like equities) reversed on short covering and moved higher. Fund buying was active, and the spread trade was pushed by major funds rolling their positions this week. The weather forecast suggests the possibility of some rain this weekend but not nearly enough for a hot and dry eastern part of the U.S. Midwest. Thus, the semblance of a weather premium is being put in place ahead of Monday’s release of USDA’s August WASDE. The report itself gives impetus for coverage. Most expect it to reduce the estimates for corn and soybean production as well as for corn and wheat stocks. The soybean carryover will be more plentiful due to China’s purchase embargo. On the pr...
Like all marmots
An adult Vancouver Island marmot typically measures 65 to 70 centimetres (26 to 28 in) from the tip of its nose to the tip of its tail.
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...