Rally Hats

[shtferbrains]

Soy Beans up 42 cents on USDA report forecasting a record crop in a drought year.

Lots of volatility.

Brasil had record crop @ 156 million tonnes

USDA @ -130 million tonnes?

China is buying beans from Brasil at record levels.

[makar]

Soy Beans up 42 cents on USDA report forecasting a record crop in a drought year.

Lots of volatility.

Brasil had record crop @ 156 million tonnes

USDA @ -130 million tonnes?

China is buying beans from Brasil at record levels.

As soybeans drops 3 cents, let the games begin.

[TOM4CWB]

Black Sea Grain Deal not settled…

US weather:




Corn is bumping along… on US crop insurance support levels..


Divergence in weather reports… adds to volatility…

Blessings… hopefully rain… 🙏

[jazz]

canola market taking notice now.

Flowers be a dropping end of the month with the incoming heat wave.

[sumdumguy]

canola market taking notice now.

Flowers be a dropping end of the month with the incoming heat wave.

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This weather forecast for where?

[jazz]

This weather forecast for where?

Regina and south. Big ridge developing in west but chance of showers first.

Canola is 2 1/2 weeks in bloom. Hopefully we can get another week of blooming.

[Sodbuster]

Wheat and canola on a good run today, let’s hope commodities follow through on Monday, hoping my calls don’t expire worthless. Tuesday looks like our best chance of rain, if we miss that there’s going to be a lot of farms feeling the pain. You just have to hope you’re not the small pocket not receiving rain and have grain prices drop. Even with this rain we will be in a claim position, it’s just a question of how much.

[TOM4CWB]

The heat is on in the US…

Jet Stream moving north…



The Rally Hat is in play this morning…



US precipitation this week…





Praying for rain… Blessings

[Sodbuster]

I think the market is finally factoring the drought in the US and Canada along with the Ukraine situation. Lots of farmers have also locked their bins for now and waiting till after harvest. Normally this rain in July would have triggered a huge drop in prices instead we have a lot of green this morning, Sometimes rain doesn’t make more grain.

[TOM4CWB]

Big Funds are caught short… Ukraine grain terminals are under Russian attacks..





Volatility… and interesting times!

Blessings and Prayers

[TOM4CWB]

US rain to next Wednesday



Storms today



Markets bouncing lower…

[TOM4CWB]

Extended Weather