The CBOT pulled back heading into the weekend on profit taking and NOAA’s new August weather forecast that shows more moderate temperatures and normal rains for most of the Corn Belt and Midwest. While any forecast longer than 10-days has been highly inaccurate this summer, the latest guidance was enough to prompt profit taking, hedge selling, and some “risk off” trade heading into the weekend. It’s notable that the EU model and other private models do not yet agree with NOAA’s assessment, and their predictions of more hot, dry weather must be closely watched.
Once again, the monthly Cattle on Feed report featured a major surprise in the placements category, which rose 3 percent from last June. The pla...
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...