WASDE Meets Expectations Today’s release of the April USDA WASDE was not as interesting as last week’s Prospective Plantings report but that is mostly because it met expectations. They raised soybean utilization and reduced carryover. The market reacted by adding 43.5 cents to the May contract, which means this week’s gains almost erase last week’s losses. More importantly, it puts the market back on track for breaking resistance at $17/bushel. Where analysts had hoped for more but knew it would not be coming is some recognition of the war’s impact. USDA raised Russia’s wheat exports by 1 MMT, and lowered Ukraine’s by 1 MMT.
Export Sales Drop This week’s drop in USDA reported export...
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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