(Reuters) - The U.S. International Trade Commission revoked hefty duties on ammonium nitrate fertilizers from Russia and Trinidad and Tobago, voting to find that U.S. domestic producers are not injured by these imports.
#wheatnasdaq.com/articles/u.s.-tra…
Until we see a big enough catalyst to push spring wheat out of this monthly range, it appears that selling the top of it will remain the best play. Need to flip 10.50, but will take a large bullish narrative to feed it.
Old crop Canola looking tired up here. Daily forming head and shoulders after an ascending wedge break. Monthly forming a large bear divergence. I feel there's not much gas left in the tank up here. Momentum looks to be waning.
Press Release: CCGA Kicks Off 2020 Cash Advances with Interest Rate and Fee Reductions -- "Having our application form ready early and reducing fees are examples of how CCGA is enhancing cash advance services for farmers..." Read more at ccga.ca/about/press-releases…#CdnAg
China is proposing that it could buy an additional $30 billion a year of U.S. agricultural products including soybeans, corn and wheat as part of a possible trade deal being negotiated by the two countries. agprofessional.com/article/c…
NWS Grand Forks released a preliminary spring flood outlook based on conditions up to Feb 21st. Heavier snowpack this month has increased odds for significant flooding in RRV this spring. March precip however will be a major factor in overall flood threat. Next update: March 7
The risk of spring flooding is above normal across the Red River Basin and its tributaries. For more information check this link: go.usa.gov/xEmEN
Check flood probabilities near your location here: go.usa.gov/xEmEU