The Climate Impact Company Weekly Crop Progress Report
Wet weather is ahead for the Great Plains along with a strong La Nina trend.
Southern Hemisphere Wheat Production
Australia’s crop continues to slide, and now Argentina is losing harvested area.
Afternoon Weather Update
Wet Pattern Continues in West; Dryness Persists in East: A steady flow of moisture is projected through the next 10-12 days across the Plains & Western Midwest as a broad Trough/Ridge pattern is established. Little rain and ongoing warmth is forecast across the Southeast and E Midwest, which will accelerate crop maturity and harvesting there.…
Dec Corn Unable to Exceed Technical Resistance
Dec corn has been unable to exceed its 20-day moving average since early summer, and again failed to do so today. Otherwise, it was a rather slow day, news-wise, and crop maturity should at least catch up with average in the next two weeks as abnormally warm temps are sustained. ARC also mentions that EU/Black…
Wheat Shrugs Off Aussie Frost; Plains Moisture Boost Coming
Another round of sub-freezing temps were recorded across much of New South Wales over the weekend, but US wheat futures instead failed at tech resistance, and also extracted some premium amid a rather wet pattern forecast next week across the HRW Belt. Winter wheat planting through Sunday reached 13% complete, vs. 15% a year ago.…
