Risk Management @FarmsMarketing
https://t.co/rMGAFi5sR4 Risk Management is an agriculture commodity marketing service provider for North American grain & livestock farmers & agribusiness. riskmanagement.farms.com email: [email protected] Joined July 2010-
Tweets21K
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Followers14K
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Following13K
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#wheat- #wn4- One more #trendline for the #trendlinepolice. 5/22 high-$10.25; 7/23 high- $7.99 Date with destiny? $6.45? Bull or Bear? Argue away :) #trendlinesareforcheaters
Make sure you are ground truthing what the monitor is telling you.
Prep the planter for next season before you put it away to avoid costly delays.
This year, the U.S. will account for 26.3% of the world's gross domestic product, the highest level in almost 2 decades! 🇺🇸
🇺🇸U.S. #wheat export sales for 2024/25 (2.15 mmt as of April 18) are on an efficient pace for the date. Big difference from the lousy year-ago volumes. 35% of that is hard red spring (5yr avg share for the date is 24%) and 16% is hard red winter (5yr avg of 30%).
🇦🇷#Argentina's Rosario port was the world's No. 3 grain export hub in 2023, down from No. 2 in 2020-2022 and No. 1 in 2019 after last year's drought slashed crop production. 🇧🇷Santos nearly matched 🇺🇸NOLA, but #Brazil's top port has doubled farm exports in the last 6 years.
The avg U.S. #pork #cutout value over the summer months (June to August) for the years from 2012 to 2023 is $96.50/cwt. $120/cwt is rare but have a good chance to hit in 24 as have already been above $100? Have those hanging orders ready! @OntAg @FarmsNews
Global stocks are set for their worst month since September, but strong tech earnings could spur a Wall Street rebound after a higher than expected US PCE +2.8%. Japan's yen hit a 34-year low, MSCI's global stocks index -3.4% for the month. @OntAg reuters.com/markets/global…
You can't make this up: Prediction markets now show a 36% chance of ZERO interest rate cuts in 2024, according to @Kalshi. To put this in perspective, 4 months ago there was a ~3% chance of no rate cuts in 2024. The base case has gone from 6 rate cuts to 1 rate cut this year.…
Here we go 🌽
1. Areas in the ECB have received more rain in the first 4 weeks of April than they did during the entire 2023 growing season (Apr-Aug) 2. This map is about to change in a big way after the impending weekend monsoon
The word is that 3 inches of crop saving rain is headed my way later this week. However, it feels like we’ve been waiting three years for this wonderful event. NE IA
Anyone concerned about impacts to #corn or #soybeans implied by recent precip forecasts, should be even more concerned. Today's 00Z ECMWF is ~10% (relative to normal precip) wetter than yesterday's run. hubs.li/Q02v0L930
Wheat has broken through its 100-day moving average and its trend is now higher. If India grabs some wheat off the world stage, this rally will extend even further. Production issues in the U.S., the EU, and Russia, are pushing prices.
U.S. #drought monitor @NOAA shows dryness almost gone in #Michigan and #Iowa's extreme drought receding. #Wisconsin and #Minnesota also seeing improvements as the 8-14 day weather forecast remains wet.. But be careful what you wish for as the #plant24 gets delayed. @OntAg
Early #wildfires in #Alberta and B.C. might signal a tough summer, with drought conditions elevating fire risks. Alberta has seen 198 wildfires, while B.C. faces early fires after 23's record-breaking season. We might be looking at a repeat of 2023.@OntAg calgary.ctvnews.ca/alberta-b-c-pr…
10-14 day U.S. #plant24 weather too wet! Is this repeat of 2019? May 12, 19 US #soy were only 8% planted 2019 Jun acreage report -4.6 million soy acres. Final 2019 soy yield -2.1 bpa to 47.4! Soy futures +$1.325/bu, low May 13 $8.1550, high June 17 $9.48/bu.@OntAg @MooreResearch
Andy Pasztor 🧼🧽 @apasztor82
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12K Followers 4K Following Acct of me. Husband to a whole lot of awesome, father to 4 different types of remarkable! Tweets endorsed by Bridget. My conviction is 💪💪than your opinions!!Mud Duster @MaizeingPete
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1K Followers 1K Following Crop Insurance Agent for Momentum Ag. Grow 🌽🌱 and 🐖 on the side. Father to 2 great kids and have a wife of 30 years that have people believing I married up!#wheat- #wn4- One more #trendline for the #trendlinepolice. 5/22 high-$10.25; 7/23 high- $7.99 Date with destiny? $6.45? Bull or Bear? Argue away :) #trendlinesareforcheaters
Make sure you are ground truthing what the monitor is telling you.
Prep the planter for next season before you put it away to avoid costly delays.
This year, the U.S. will account for 26.3% of the world's gross domestic product, the highest level in almost 2 decades! 🇺🇸
Here we go 🌽
BIDEN ADMINISTRATION TO RELEASE LOW-CARBON AVIATION FUEL TAX CREDIT MODEL ON TUESDAY - SOURCES
1. Areas in the ECB have received more rain in the first 4 weeks of April than they did during the entire 2023 growing season (Apr-Aug) 2. This map is about to change in a big way after the impending weekend monsoon
The word is that 3 inches of crop saving rain is headed my way later this week. However, it feels like we’ve been waiting three years for this wonderful event. NE IA
Anyone concerned about impacts to #corn or #soybeans implied by recent precip forecasts, should be even more concerned. Today's 00Z ECMWF is ~10% (relative to normal precip) wetter than yesterday's run. hubs.li/Q02v0L930
Wheat has broken through its 100-day moving average and its trend is now higher. If India grabs some wheat off the world stage, this rally will extend even further. Production issues in the U.S., the EU, and Russia, are pushing prices.
🌧It's with no doubt that this month has been a drenching one for many. 💧This map indicates where locations sit for the month in terms of amount of precipitation to-date for April. For many locations, it's a top 20 wettest April on record, with some areas in eastern Indiana and…
USDA Ag Sec Vilsack Wednesday confirmed before cattle are moved interstate, they must be tested for avian flu, and any positive test will prohibit animals from being moved at least 30 days and until they test negative.
Corn Belt and Plains soaking with these totals the next 7 days from overnight QPF. WOW! Ohio not much and Dust Bowl either. E Coast and Southeast DRY/DRIES.
Today's 12Z EC 7-day forecasts 184% of normal precip for US #corn. Iowa is forecast to receive up to 3 inches, which approaches the amount to reduce #Drought by one US #Drought Monitor category, as discussed at hubs.li/Q02tQZvC0
Don’t let the neighbors dictate when you go to the field.
The raw electricity cost to mine 1 #Bitcoin is now $77,400 $BTC is about to go a lot higher 👀🚀