Australia Climate Commentary
A commentary on current and projected climate influences across Australia.
Ukraine/Southwest Russia Outlook
Commentary on the recent and projected pattern across Ukraine and Southwest Russia wheat areas.
Hogs End Weaker; Cash Continues To Gain
Mixed trade unfolded in the hog market through midweek, that left CME futures generally lower at the close. However, the cash index continued higher, gaining $.25 to $62.45 to further narrow the gap on summer futures contracts. NASS’s monthly Agriculture Prices report last week, showed an average March live hog price $50/cwt and a…
Major Exporter Wheat Supply & Demand
Black Sea weather is being scrutinized as a blocking Ridge pattern will be established into the middle of May. Little to no rain is forecast in key areas of the Southern & Central Regions. High temps in Russia into the weekend will reach into the low/mid-80s, which isn’t overly hot, but is some 8-12 degrees…
Afternoon Weather Update
Midwest Weather Favorable; Warm in the Plains: A nice mix of rain, sun and seasonal warmth will allow planting to speed along across the Midwest. Crops there should thrive into the middle of May. However, a lasting period of above-normal temps lies ahead, and amid limited Plains rain, a deepening of the drought is expected.…
