Not totally that bad if you were betting short, or like livestock. But let’s count the ways:
New contract low in corn New contract low in soybean meal New contract low in HRW New contract low in HRS New contract low in Paris wheat
What caused all of these exits? First and foremost was USDA’s forecast at its annual Outlook Conference. Basically, historically large carryover stocks for corn, wheat, and soybeans. The expected planted acres were not too surprising:
Corn: 91 million acres, down 3.8 percent Soybeans: 87.5 million acres, up 4.7 percent Wheat: 47 million acres, down 5.2 percent
There is some caution in that the corn-soybean ratio is small enough that farmers wanting to stay in their normal rotation m...
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...
