Markets weigh planting progress, precipitation

Markets weigh planting progress, precipitation

Grain markets are watching the balance between planting progress and needed soil moisture, as well as tariffs from a demand standpoint, said Don Roose of U.S. Commodities.

Wheat Pressure Continues as Wet Forecast Covers US

Wheat is trading with midday losses across the three markets on Wednesday. Chicago SRW futures are down 6 to 7 cents so far on the day. Kansas City HRW contracts is 7 to 8 cents in the red at midday. MPLS spring wheat is slipping 4 to 6 cents so...

Rains hampering southern Illinois planting & wheat crop - Brownfield Ag News

A southeastern Illinois farmer says frequent heavy rains have slowed down progress this spring. Don Guinnip, who farms in Clark County, says planting in his area has been spotty. “There’s a little bit of soybeans planted off and on the last two or three weeks when it was dry enough.”  He says, “I would say […] The post Rains hampering southern Illinois planting & wheat crop appeared first on Brownfield Ag News.

Despite widespread rainfall in the North West and the Free State, there is currently less reason to panic about plant diseases in maize, sunflowers and soybeans. According to Gerrie Ludick, technical marketing specialist at InteliGro, a company that specializes in crop protection, foliar feeding, chemical herbicides and seeds, the biggest risk is rather early frost that can cause crop damage. Physiological maturity Ludick, […] The post Certain p…

US Weather - Kluis Commodity Advisors

Improved US weather outlooks and strong planting progress pressured corn and wheat. Long-range forecasts hint at warm, dry conditions returning. The US dollar also finished higher, adding to the pressure. Outside markets firmed on hopes for improved US-China trade relations, helping soybeans close higher.  Get our daily in-depth analysis delivered... Read More The post US Weather appeared first on Kluis Commodity Advisors.