Help the Hellbender!

Ever heard of a hellbender?  Most people haven't.  But this very ancient, very large, very interesting Indiana amphibian is facing an increasingly declining popluation.  Check out the video to learn more about this endangered creature and what is being done to save it.   

Weekly Outlook - Beyond the October Production Forcasts for Corn and Soybeans

At 10.706 billion bushels, the USDA’s October forecast of the U.S. corn crop was about 100 million bushels larger than the average trade guess and about equal to the September forecast. The October soybean forecast, at 2.86 billion bushels was about 90 million bushels larger than the average trade guess and 126 million larger than the September forecast. Prices of both commodities increased immediately after the forecasts were released.

The positive response to what appeared to be neutral to negative production forecasts suggest that the market had priced in the risk of even larger production forecasts. In addition the USDA forecast year ending stocks of both commodities to be near pipeline levels, and smaller than expected in the case of corn. In the case of soybeans, the projection of marketing year consumption was increased by 150 million bushels. Some interpreted the increase as a reflection of stronger demand than had been previously forecast.  <Read More>