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marketeye
Veteran Advisor

Floor Talk March 4, 2020

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5 Replies
Hobbyfarmer
Honored Advisor

Re: Floor Talk March 4, 2020

this market is zigging and zagging

Like a cottontail rabbit that has a dog in very hot pursuit.

Basis has improved a nickel at the bean plant here. It is now minus 5. $12 Nov forward cash available few minutes ago.

Cash corn market is struggling  and running double digits under its cash highs.

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rickgthf
Senior Advisor

Re: Just curious, new crop corn is stalled just ...

Just curious, new crop corn has stalled twice at $4.78 just below $4.80.  What's keeping it from making the last two cents?

Is it waiting on a report? 

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Hobbyfarmer
Honored Advisor

Re: Just curious, new crop corn is stalled just ...

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Hobbyfarmer
Honored Advisor

Re: Just curious, new crop corn is stalled just ...

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BA Deere
Honored Advisor

Re: Just curious, new crop corn is stalled just ...

 

 
 
 
Tarso Veloso
 
@TarsoVeloso
Brazil has harvested around 25% of total soybeans area, against over 46% last year. Safrinha is 32% planted this year against 65% last year and the planting window is closing
 
 
Replying to
Weather in Mato Grosso is still wet and losses due to quality issues will be a theme this year
 
 
 
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