This week we look at the history of price movement on the day the USDA releases its Prospective Planting and Grain Stocks reports. We also take a look at mixed signals being seen for the US corn export market, and the updated weather forecast for double crop corn in Brazil. Additionally, we review updated trends in US soybean exports, as well as a change in the weather pattern in Argentina.

 

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This week we focus on trends in world consumption, as well as export trends in U.S. corn and soybeans. We also take a look at planting progress for corn in Brazil and their harvest progress for soybeans. We wrap things up looking at trends in December Corn and November Soybean futures. 

 

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Do you know a not-for-profit community-based initiative you think would benefit from a $10,000 grant from Hensall Co-op? We are introducing another year of our Strong Communities Initiative and are calling for nominations for our 2023 program.

 

The key criteria are as follows:

  • Applications are accepted from Canadian Community-based not-for-profit organizations in the Hensall Co-op trading area that support the broader community
  • Funding of a project that will have a long-term impact on the community (i.e., not for normal operations)
  • Project has a clear and measurable benefit to the community
  • The project fills a strong need in the community; not for the benefit of a single individual
  • The organization has demonstrated that they can sustain the initiative to the end of the project
  • Priority will be given to organizations that have not received a large-scale sponsorship/donation in the past 5 years
  • Our employees have identified that Community Health and Healthy living are important to them, therefore, we will give priority to projects in the area of Health and Healthy living
  • The organization must also be registered with Canada Revenue Agency as a charity, have a bank account in its own name and have been operating for over 12 months

 

More details related to eligibility criteria are outlined in the application form which is available here:

 

Strong Communities

 

 The deadline for applications is May 31, 2023.

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This week we concentrate on South American weather where corn is pollinating in Argentina and corn planting is still taking place in Brazil. Also, soybeans are in the pod set and pod fill stage in Argentina, and Brazil is attempting their soybean harvest. We wrap things up this week looking at the trends in December corn and November soybean futures.

 

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This week we take an updated look at weather prospects for the Argentina corn crop. We also look at the potential impact on US corn exports and early planting progress for Brazil’s safrinha crop. We also highlight some dry conditions for soybeans in Argentina and a potential weather trend in Brazil. We wrap things up this week looking at trends in November soybean futures.

 

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This week we take a look at an updated weather forecast in South America, where Argentina is pollinating corn, and soybeans are in pod-set and pod-fill stage. We then switch gears to the demand-side to look at trends in US corn and soybean export sales and wrap things up with long-term trends in November Soybean and December Corn futures.

 

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This week we continue to follow the weather market that is taking place in South America, affecting both the corn and soybean crops. We also review export sales, and trends in both November Soybean and December Corn futures. 

 

 

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This week we review results from last week’s supply demand report from the USDA. We then shift focus to South America, as corn is pollinating in Argentina, and the critical soybean blooming, and pod set fill stage is under way in Argentina and Brazil. We wrap things up with a look at the continued sluggish pace of US corn export sales/shipments and trends in November soybean futures.

 

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This week we discuss the potential price volatility associated with the release of several USDA reports on Thursday, January 12th. We also discuss trends in the weather for Argentina and Brazil, highlight the ongoing sluggish pace of US corn export sales and shipments, and wrap things up looking at long-term trends in November soybean futures.

 

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Next week we will have the LIVE taping of our USDA Report(s) review at 11:20am on Thursday, January 12th instead of our weekly market update

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This week we highlight trends in December corn and November soybean futures as it relates to the crop insurance period for 2023 production. We discuss a lagging pace of US corn export sales and shipments. We also take a look at the weather forecast for Brazil and Argentina, and wrap things up, looking at potential production in South America for all countries.

 

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