PRICES SUBJECT TO CHANGE / CALL OFFICE / NO SURCHARGES
9/2/2010 - 2:25 PM
Welcome to Almira Farmers Warehouse Co.'s Grain information site!
Daily Commentary
9/2/10 AM The USDA's export sales report confirmed 'better than expected' action in corn, wheat and meal. Global wheat and grain demand remains solid. Domestic end-users and large importing nations all active during the week. Market wags have modified their US corn yield estimates to the down side; a big crop is getting smaller. Vladimir Putin says he would consider lifting Russia's grain embargo after next year's harvest had been collected. This 'cautious statement' indicates the export ban could stretch much longer than previously expected and helps 'solidifies the downside' . Food and politics usually makes for opportunities and choppy, volatile trading conditions.SWW's major buyers off-shore buyers were Thailand, Japan and Guatemala.
On Friday, we'll see a band of light rain from the Great Lakes south to the Ohio Valley, then southwest through the northern Delta into central Texas. Temperatures will turn cooler as well for the entire central U.S. ahead of the holiday weekend. » More DTN Weather Commentary
