Mon, Dec 22, 2014
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Agriculture, Market Pulse more

Soybeans, Corn touch 7-week highs as dry weather stresses crops

Posted on 29 December 2008

From Bloomberg: Soybean and corn prices climbed to the highest in more than seven weeks on speculation that dry, hot weather will increase stress on young plants in Brazil and Argentina, the two biggest exporters of the crops after the U.S.

The lack of rain may last through the next week, DTN Meteorlogix LLC said in a report. A ridge of dry, warm air over western Argentina may develop after Jan. 1 and settle over the main growing regions, the private forecaster said….. Full Article: Source


 Article link

This post was written by:

VRS - who has written 38561 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
S M T W T F S
« Nov    
 123456
78910111213
14151617181920
21222324252627
28293031