Climate Impact Company Updates The Europe Week 2-4 Outlook
Dryness across France and Spin to Italy remains profound heading into mid-summer and more prominent eastward expansion is forecast for late summer.
New Farm Marketing Advice
AgResource Daily Farm Marketing Advice for Tuesday: 1/ Corn Producers: Sell another 20% of the estimated 2018 corn crop at $4.29 basis December 2018 corn futures. This would push 2018 corn sales/hedges to 50%. 2/ Corn Producers: Sell the first 15% of estimated 2019 corn production at $4.24 basis Dec 2019 corn futures. This…
US Wheat Production by Class
AgResource updates US wheat production. Some major changes to NASS’s numbers lie ahead.
Afternoon Weather Update
Stagnant Hot/Dry Pattern Scheduled through July 25th: The primary theme of today’s model runs is that of an amplified high pressure Ridge that will shift eastward into the heart of the Corn Belt early/mid-next week. This will produce heat/dryness to expand into the Midwest. Heat will be common nearby across the Plains and far W…
Hogs Turn Down On Better Supply Outlook
Hog futures were firm at Monday’s open, but found resistance on an early rally that kept futures under pressure into the close on Monday. The hog index was up 6 cents at $92.46, but projected to be unchanged on Tuesday. The USDA quoted Monday’s negotiated trade $.12 higher on light volume, while supplies appear to…
