More than half the mushrooms produced in the entire U.S. come from the Kennett Square area, Chester County, in what state?
Look below for the answer
Grain Market Insight
Morning Grain Comments 4-30-2025 – We are bidding basis the July contract months now and they ended the night session steady / mixed with all of the grains seeing a two-sided night session with soybeans very weak late in the session. The StoneX Quick Editorial (QE) this morning stated “volume was lower and evenly spread throughout overnight as the grains sunk into the morning hours, recovering a bit as of late with wheat rebounds from lows; beans continue their bearish week, with realization setting in that China will look for any avenue to cut reliance on U.S. soy...” In world grain trade news, FLC in South Korea purchased2.6 million bushels of optional origin corn in a private trade, NOFI in South Korea purchased 2.4 million bushels of optional origin feed wheat, and KFA in South Korea purchased 2.56 million bushels of corn in a private trade from the U.S. At the end of the night session at 7:45 this morning, Kansas City July wheat was 0.75 cent lower, Chicago July corn was down 0.25 cent, and Chicago July soybeans were 10.5 cents lower. Have wonderful day.
Afternoon Grain Comments 04-29-25- StoneX reporting, “A convergence of technical signals, end-of-month positioning, and the CKCN roll led to an extreme in the corn market. Corn futures tread into 20-day lows, pulling nearly 30,000 contracts of Managed Money liquidation. The corn May to July spread found itself under liquidation pressure more and in contradiction to the delivery market calculations.” Rumors of an RVO announcement have been floating around, will need an official statement to have them really affect futures. China declared a goal of reducing its reliance on soybean meal by 2030, cutting percentages every year till then. Rain continues to be in the forecast for the north and southern plains, hopefully us in SWK will see some of that. Local weather reports show chances starting tomorrow. At the close, cash wheat was 11 cents higher, milo was 11 cents lower, corn was 16 cents lower and soybeans were 6 cents higher. Have a good evening.
Welcome to the Sublette Cooperative, Inc. website. If you have ideas on information you would like to see on the website, let us know. To contact us call our main office phone number 620-675-2297 or click on "contact us" above for a listing of our telephone numbers.
