Climate Impact Company Updates A Warm Medium-range U.S. Forecast
The warm outlooks remain for the medium-range.
Cattle to Rally Further; EU Model Still Dry in Midwest
AgResource Daily Cattle Analysis: Cattle futures finished higher on Wednesday and a firm outlook is offered for early trade this morning. The market was generally higher through much of the day, and late break under Tuesday’s low found good demand took the cattle market back near the highs ahead of the close. A steady/higher cash…
Ag Markets Higher; Central US Precip Still Lacking
AgResource Daily Farm Marketing Advice for Thursday: 1/ No new advice. 6:30 AM CST CBOT Prices: July soybeans are up 8.25 cents at $9.2375, July corn is up 4.0 cents at $3.8875 while July Chi wheat is up 5.0 cents at $4.51. Good Morning! CBOT values are higher again as yet another day has passed…
US HRW Wheat Supply & Demand
AgResource updates HRW yield using NASS’s latest crop conditions. Price is also discussed.
Afternoon Weather Update
US Forecast Warm, Trends Drier in Central Plains in mid-June: The midday GFS shifted meaningful precip in the 8-15 day period eastward into the heart of the Corn Belt, but away from the driest areas of the Central & Northern Plains. Spotty moisture relief will occur across ND and parts of MN in the next…
