![]() ![]() Today’s weekly export sales, tmt: net cancelations of 15.2 vs. ![]() Our office hours are 7:00 am – 4:30 pm CT. This report will include objective yield data. The September WASDE will be released on September 12 th at 11:00 a.m. 133, and the Dow’s implied open down 8 points. 26, WZ up ¼, KWZ down ¾, MWZ down ¾, crude oil up 67 at 87.54, ULSD up 8 ½, RBOB up 7 ¾, natural gas up 6, US dollar index down. Price changes for the week through Thursday’s close: CZ up 4 ¾, SX down 9 ¾, SMV down 4.80, BOV down 266, WZ up 4 ¼, KWZ up 14 ¼, and MWZ up 15 cents.Īs of 7:55 am CT: CZ up 1 ¼, SX up 1 ¾, SMV up 1.80, BOV down. No word on how this affects operations at the 593,000 bpd refinery, the fourth largest by capacity in the US. The gasoline-producing fluidic catalytic cracker at Marathon’s Galveston Bay Refinery in Texas City, TX was closed after a fire. The UN Food and Agriculture Organization said the global food price index fell 2.1% in August to its lowest since March 2021. Last trades in China overnight: #1 beans down 30, #2 beans down 56 ¾, meal down 10.10, soyoil down 69, and corn down 11 cents. Rains aid central/west Brazil corn and soy seeding next week. Latest weather: Midwest showers next week moisture stress persists in over half of the corn/soy areas. Harvest reports are beginning to pop up as far north as Iowa but it’s too early for any yield conclusions. Markets are mixed this morning after a quiet night of trading with corn and beans clinging to gains and wheat mixed with Chicago a fraction higher and KC and Mpls a fraction lower. ![]()
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