Morning Thoughts – Dec 7
Grains – Census trade numbers for October were released yesterday, and considering the discrepancy between inspections and Census figures caused some confusion for some last marketing year, it might be worth reviewing these in more detail going forward. We’ll...
Morning Thoughts – Dec 6
Grains – IMEA, the state ag agency of Mato Grosso in Brazil, released their first projection for soybean yields yesterday afternoon. They estimated yields at a record 54 bags/hectare, which would be up from their estimate of 49.8 bags/ha last year. They...
Morning Thoughts – Dec 5
Financials – There was no major surprise in the results from the Italian referendum over the weekend. Italians rejected the constitutional reforms proposed by PM Renzi. Polls had indicated this would happen, so the only surprise was the margin of victory which...