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Winter Cereal Yields 'Disappointing'

The winter cereals harvest is nearly complete.
 
Doug Martin is secretary with the Manitoba Crop Alliance.
 
"The winter wheat was a little disappointing as far as yields go," he said. "In that 60 to 70 bushel [range] is kind of what I've heard. Lack of early spring rains to help stimulate growth and move the fertilizer down did some impact on it. It's probably yielding simaliar to what the hard red spring [wheat] is."
 
Martin says fall rye yields were variable depending on rainfall amounts.
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Increased Geo Political Tensions = SELL AMERICA TRADE + Argentina Dry

Video: Increased Geo Political Tensions = SELL AMERICA TRADE + Argentina Dry


Higher geo-politics from Trump wanting to annex Greenlland to conflict with Iran has caused investors to sell everything America. With Matto Grosso Brazil 7% harvested weather has turned wet as harvest progresses but Argentina has turned dry! Both soybean and wheat futures have traded back above the pre-USDA January crop report close a positive technical chart signal. A monster weekly U.S. export report is price supportive but a kick the can down the road on E15 is very disappointing.