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A referendum on a Texas grain indemnity fund runs December 5 to 9 for producers of corn, sorghum, soybeans or wheat. The item also reports the US Grains Council and Renewable Fuels Association Export Exchange produced about $460 million in grain and co-product sales, including 875,000 tonnes of DDGS and 428,000 tonnes of sorghum.
Strong overseas buyer commitments for US DDGS and sorghum support export demand, though the amounts are modest relative to total trade and the fund vote has little price effect.
towntalkradio.comadminDec 5, 2016Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
