Tagged: dryness

The News and What it Means – Soybean Rally May Need More than Argentina Weather

By John DePutter & Dave Milne – January 30, 2018

 

The news:

“Argentinian production of soybean is to hit a five-year low of 52 million tonnes in the 2017/18 crop year, as yields are expected to fall 13% to 2.9 tonnes/hectare, according to a weekly market note by the Rosario Board of Trade.”

– AgriCENSUS, Jan. 29, 2018

The News & What it Means – Canadian Interest Rates Hold Steady & US Midwest Dryness Increasing

 

By John DePutter and Dave Milne – March 6, 2017

 

The news: No change for Canada’s Bank Rate

Citing continued uncertainty and concern over the state of the domestic economy, last week the Bank of Canada maintained its overnight rate at 0.5%, where it has been since summer, 2015.

“While there have been recent gains in employment, subdued growth in wages and hours worked continue to reflect persistent economic slack in Canada, in contrast to the US,” the Bank said.

     —From multi-media sources.