Ag Markets Sunday Report
A look around the globe at AG areas for weather/climate issues into early October.
A look around the globe at AG areas for weather/climate issues into early October.
Warm sea surface temperatures east of the Northeast U.S. are well-correlated to blocking high pressure. This pattern was observed last August and responsible for keeping Harvey in Texas fro many days leading to 50 in. of rain in Houston. A similar scenario is setting-up for the Carolinas with Florence.
** AgResource Pre Opening Sunday Market Calls: Soybeans steady to 2 cents lower, corn steady to 1 cent higher with wheat called steady to 2 cents higher ** Weekend Weather & Market Discussion: Opening week CBOT calls are mixed. The USDA September Crop Report is Wednesday, and pre-report positioning will be the key to early…
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