I grew almonds for a living...A lot harder that people think. "What do you mean I need to pick up my irrigation water at 3am"!!
Corn, Soybean futures fall to three year lows and then rise on short covering https://www.foodbusinessnews.net/articles/7-corn-soybean-futures-fall-to-fresh-three-year-lows
It looks pretty weak for a typical short covering rally. Downtrend ain't over. It looks like it'll roll right over.
Hello, Seeing in the news that wheat yields are really suffering in France, meanwhile, in US yields are really strong. I know that the EU imports a lot of US wheat, but is spreading MATIF vs Chicago or KC viable? Or are the specs different enough that there's not really any correlation or arb opps in physical (for example, cost of chicago wheat + freight etc is cheaper than buying MATIF)
The wheat yields are good and farmer’s bins are full. I know several large farmers that are still holding grain from 2021. Fall harvest is gonna dump a lot of grain into the market because the growers don’t have much storage space left.