Madden Julian Oscillation shifts, strengthens and causes wet risk Australia
The historic heat wave is likely to ease off later this month into January as increased clouds/thundershowers gather.
Wetter Forecasts for South America. Why?
Models forecast a vigorous low pressure trough extending into Argentina and causing a wetter forecast trend.
China Analytical Firm Says No Problem for China to Import $40 Bil US Ag Goods: Needed Rain Falls Across Argentina – More Coming!
** AgResource Farm Marketing Advice for Friday: 1/ Corn Producers: Hedge 20% of the 2021 corn crop at $4.24 basis Dec 2021 corn futures. This would price 60% of the 2021 corn crop. 2/ Corn Producers: Sell 15% of your 2019 corn crop if March corn futures reach $4.10. This would push 2019 corn sales…
South America Week 2-4 Outlook: Brazil wetter pattern change; Argentina is at dry risk.
Expect a wetter pattern to evolve across Brazil while dry risk persists in Argentina.
AgResource Farm Marketing Advice
AgResource Farm Marketing Advice for Friday: 1/ Corn Producers: Hedge 20% of the 2021 corn crop at $4.24 basis Dec 2021 corn futures. This would price 60% of the 2021 corn crop. 2/ Corn Producers: Sell 15% of your 2019 corn crop if March corn futures reach $4.10. This would push 2019 corn sales to…
