Melby is very quiet. Crops must look good.
Mcfarm have u heard or read from him any different?
yes I have gotten several updates from kory. he has reported on everything from the political situation, to weather, to the ports. At this point dry is creeping more into a story, transportation across Brazil is improved, and even if they grow an average crop its a supply problem
not from Kory but some info none the less
seems things are doing at least OK
"Demand for the cereal in the face of a smaller crop is expected to shore up prices of corn domestically to an average between 31 reais ($9.58) and 32.90 reais per bag, up from 30 reais in the previous season, according to projections from Rabobank."
How many US bushels in a bag?
roughly 2.2 bushels per bag or Sack
kory says this am very surprising spike in argy soymeal last week. Also say corn planting progress still very slow with more hot and dry in argy while things look better in Brazil
kory distressed because conab left corn numbers the same for the second straight month and he says dry has left no doubt a mark on corn and has in places affected beans as well.....reds and southern parana in particular