Connect with us
The latest crop progress report from the U.S. Department of Agriculture revealed the performance of crops such as corn, wheat and soybean.
Coffee futures closed strong on daily and weekly charts in New York and held support on weekly charts in London.
Corn rallies are looking optimistic, closing strong on weekly export sales. US cotton futures are weak owing to bad crop conditions.
Hurricane season on some states causes speculative buying on FCOJ. Corn and soybeans are looking bright as both crops closed strong on Friday.
The country has already made efforts to drive away illegal farmers from planting their crops.
Wheat is looking optimistic as spring plantation offsets previously weak crop productions. Orange juice is possible to rally behind due to bad weather.
Make sure you fully consider the scope and depth of the farming operation and requirement before you purchase any equipment.
Although grains condition is looking strongly optimistic for the second quarter, global supply is looking short as exports continue to be in demand.
As Mexico challenges U.S. tariffs, rice imports struggled to keep up. Cotton delivers another success following its triumphant harvest last week.
With excellent crop conditions, current ideal weather and planting, among others, corn might have already posted its 2018 high.