The world corn stocks-to-use ratio ex-China is currently projected to be
11%. That would be up slightly from last year's 10.6% but still very close to
the 2012-13 era. That means there is a giant sucking sound for corn exports,
and the U.S. is in a position to deliver.
=^USDA Reports Review
USDA released its November Crop Production and World Agricultural Supply
and Demand Estimates (WASDE) reports on Friday.
FUSDA Reports Summary
The funding bill passed this week by Congress rewrites the 2018 farm
bill's provisions on hemp to end the unregulated sale of hemp-based products.
That provision could upset an industry created around those products, including
thousands of farmers.
4^Strict TCH Rule a Risk to Hemp Sector
In this month's edition of Russ' Vintage Iron, first up is a photo
submission from a reader of their family's tractor. And then we discuss some of
the results of the Kinzenbaw collector tractor online auction held earlier this
month.
BRuss' Vintage Iron
A front that moves through Argentina and southern Brazil this weekend is
forecast to produce widespread precipitation. But that may be the last one for
a while, with drier trends in all model solutions.
:^South America Calling
