Yesterday’s Crop Progress report from USDA showing five-year lows in winter wheat conditions ratings put a bid under KCBT and CBOT wheat Tuesday. Combined with the fact the Russia-Ukraine war shows no sign of slowing down, the entire CBOT rallied in continued “risk-on” mode. Also concerning were updated long-term weather forecasts showing a worsening drought for the U.S. central Plains/western Corn Belt through August.
For the day, funds were rumored to be net buyers of 6,000 contracts of wheat, 12,000 contracts of corn, and 10,000 contracts of soybeans. Funds also secured 6,000 long contracts of soymeal and were slight net buyers in soyoil. Large trading volume in the first 10-15 minutes of the trading day...
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...
