Climate Impact Company Crop Progress Report is Updated
A pattern change is ahead for U.S. climate the second half of September.
ABARES’ Australian Crop Report
ABARES cut wheat production by more than expected. And no rain is in sight.
Afternoon Weather Update
GFS Stays Wet 8-15 Day Period; No Frost in Sight: The remnants of Irma will meander across the Southeast over the next 48 hours, but only trace amounts are likely to reach into S IL, IN and OH. Complete dryness persists elsewhere across the Central US through the week ahead, though the extended forecast maintains…
Wheat Loses 3-7 Cents; Winter Planting Begins
US and European futures ended lower. In the US weakness is a function of a lack of any news, and talk of better than expected spring wheat yields in Canada. In Europe, exports continue to suffer and news today that Egypt has rejected a cargo of French wheat due to quality issues is viewed…
Corn Stable Ahead of USDA; Fireworks Unlikely Tuesday
Corn futures simply marked time ahead of tomorrow’s yield updates. Crude recovered modestly from Friday’s losses. US crop conditions this week are unchanged. By-state ratings were fine-tuned marginally, but otherwise national GD/EX ratings through the remainder of the season are not expected to change from 61% currently, vs. 74% a year ago. ARC’s analysis…
