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SimpleHedge office will be closed today in observance of #RemembranceDay and #VeteransDay. We urge all to take this day of remembering for those who have fought, and continue to fight fearlessly for the freedoms we are fortunate to have today and for the future of our nations.…
Based on our very scientific poll- corn to 4.50!
Sitting at -3.3/mt now. Either someone forgot to roll or a crusher is short and needs to cover in. Shocking that taking delivery would be better than just bumping up basis from the -65's in the country... #canola
Canola Growers! First Notice Day today and the X/F spread has firmed to just -10...Someone might be taking delivery. Any buyers out there that have been desperate running specials?
Canola Growers! First Notice Day today and the X/F spread has firmed to just -10...Someone might be taking delivery. Any buyers out there that have been desperate running specials?
Is this a short term market pullback today before a new move to the upside or trend reversal, share your thoughts with a vote!
🌽 Corn breaking to the upside. Market finally appreciating what has happened to yields? Or maybe all ethanol buying given WTI up 4%...
Trump eyes bringing down beef prices through foreign imports. If you've been thinking about hedging, it's not too late- Stay protected. Sign up today for SimpleHedge and get an account approved in as little as one day. Link in bio #BEEF
No COT report today either. Feeling like a hippy back in the 60’s when it was only released monthly… Will government be back before Oct #WASDE next week?
#USDA will not be updating data during the US Government shutdown. See snapshot from USDA FAS website #Agriculture
🍞 N. American Wheat exports are humming! US- all wheat export commitments ~2.6MMT over this time last year at 13.64MMT W. Canada- all wheat exports running +60kMT ahead of last year at 2.62MMT WITH- 195kMT more of Commercial stocks already vs same time last year! Does the…
TRUMP: GOING TO TAKE TARIFF MONEY AND GIVE TO U.S. FARMERS
🚨 Canadian #canola crush for 24/25 hit record at 11.41MMT, +376kMT over last years record... Board margin >C$200/MT, cash showing a different story but still well above levels to run hard Canola the cheapest oil, EPA with a reallocation proposal for '23,'24,'25 SRE's...…
#Corn making a breakout and narrowing in the Bean/Corn spread again, strong demand here for corn?
Anyone else feel like the SnD's for oilseeds in N.America gets discounted to what the true NEED is from crushers for the product? Over 50% of Soybeans and Canola production goes to crushers, that's like saying the first 6-months after harvest ALL SEED PRODUCED is going into…
Do we continue to see funds buying oilseeds and a big Friday CFTC report or do they back off and we trade a slow sideways move until policy and yield are confirmed in the next 1-2 weeks? 🤔 photo of MM on #soybean (left) #canola (right)
Much anticipated Augusts WASDE comes out at 11AM CST. Are you hedged accordingly to your marketing plan going into the report? usda.gov/about-usda/gen…
usda.gov
WASDE Report
The World Agricultural Supply and Demand Estimates (WASDE) is prepared and released by the World Agricultural Outlook Board (WAOB).
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