General Comments: Cotton was higher in reaction to forecasts for hot and dry weather to continue in parts of Texas and into western growing areas. The daily charts show that a short term low could have been completed last week. Conditions should drop again in the reports today as it has been hot […]
DJ 2017-18 U.S. Wheat Production Estimates — Survey
CHICAGO–The following are analysts’ estimates for 2017-18 U.S. wheat production, as compiled by The Wall Street Journal. The U.S. Department of Agriculture is scheduled to release updated production forecasts at noon on Wednesday.
2017-18 WHEAT PRODUCTION
Average Range USDA June USDA 2016-17
Maybe in Spain but not here. The drought tracker has the heat dome over the Dakotas moving east and threatening Iowa’s corn crop and has investors scurrying out of oversold positions. The Grain complex is in short covering mode and is trading higher across the board. In the overnight electronic session the September Corn is […]Continue Reading →
Believe it or not the globe is headed for an oil shortage. I know many find that hard to believe, especially in this shale crazed world where there is the belief that shale oil will fill all voids, even as investment in oil exploration falls to the lowest level since the 1940s. I am not […]Continue Reading →
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