Tidbits, SA Crops Estimates, Russia, PPI, Export Sales 2/14/25
- Wright team
- Feb 14
- 4 min read
Highlights
After the ag futures close today, they will not reopen until Monday evening at normal times. Crude oil will be trading normal hours Sunday night and Monday.
The Rosario Grain Exchange lowered its estimate of Argentine corn production by 2 million mts to 46 million mts (USDA 50) and lowered soybean production by 5 million to 47.5 million mts (USDA 49).
CONAB (Brazil’s USDA) reduced their Brazilian soybean production estimate by a mere 310,000 mts to 166 million mts (USDA 169.) but raised their corn 2.46 million mts to just over 122 million (USDA 126) and raised wheat production 1.05 million mts to 9.1 million mts (USDA at 8).
The weather forecast for Brazil for the next 10 days will allow much improved soybeans harvest and safrinha corn planting.
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