Early pattern recognition on the CBOT today ahead of tomorrow’s August WASDE report - bottom line no drama. Volume was slack, except in lean hogs, and trading ranges were muted. December corn had a trading range of 4.75 cents, which is to say it is settled science. Except for Monday, overall trading these past five days can be called muted.
Reinforcing the market calm are private estimates ahead of tomorrow’s USDA WASDE report. They are unremarkable. A recap of the modest expectations as noted by Matt Herrington yesterday:
A 2-bushel (-1.1 percent) reduction in corn yield, -1.2 percent in production, and 3.6 percent fewer bushels in ending stocks.
A 1.5 percent cut in soybean yields, a 1.4 percent reduction in...
Kiwengwa/Pongwe Forest Reserve Kiwengwa/Pongwe Forest Reserve is located on the northeast coast of Unguja, 20 kilometres (12 mi) from the Town. The reserve is an important biodiversity spot in the coral rag zone. The forest reserve is rich both in faunal and floral species. The faunal species r...
Fabiana is a genus of flowering plants in the nightshade family, native to dry slopes in western South America.[1] They are evergreen shrubs or subshrubs,[1] with needle-like leaves and profuse tiny tubular flowers in summer. The common name is false heath because the leaves superficially resem...
An Ankylosaurus lumbers along the shore of what’s now eastern Montana. Walking low to the ground, the dino uses its flat, leaf-shaped teeth to tear at ferns lining the water. Suddenly, a shadow looms over the herbivore—a Tyrannosaurus rex is hungry. But Ankylosaurus won’t be a...
