The Market November soybeans gained 31 cents on the week but are still running into resistance at $24/bushel. The current price is near a 2023 high and the presence of only light showers keeps the potential for any bin buster in check. Russia’s belligerence had little effect this week but certainly adds to the foundation in the market.
Please see WPI’s Matt Herrington’s insightful analysis on prospects for the soy supply/demand balance sheet located here. Speculators cut their net long position in soybeans by 3.8 percent in the week up to 11 July to 44,854 contracts. Net soybean sales for 2022/23 were up 58 percent on the week but down 43 percent based on the prior four-week average. New soymeal commitm...
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...
Lobelia (/loʊˈbiːliə, lə-/[4][5][6]) is a genus of flowering plants in the family Campanulaceae comprising 415 species,[7] with a subcosmopolitan distribution primarily in tropical to warm temperate regions of the world, a few species extending into cooler temperate regions.[8] They are known g...
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