AgResource Weekly Newsletter, September 25
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U.S. October, November and December Climate Outlooks Updated: Warm Central
The forecast remains warmer-than-normal for Q4 of 2019 across the Great Plains although slightly less warm than the previous forecast.
CBOT Soybeans Sag on Improved Brazilian Rain Chances; Argentine Exchange Forecasts Record Wheat Harvest; Frost Risks Low into October 10th
AgResource Midday Comment/Analysis: CBOT midday values are slightly lower with soybeans tugging values downward on the warmer forecast for the Upper Midwest and the Northern Plains. US/China remains a topic of discussion following the USDA announcement of 581,000 MTs of US soybeans to China. US President Trump stated this AM that that a US/China deal…
U.S. Medium-range Forecast: Warmth Fades
The extended-range forecast looks colder across the North.
Early AG Market Wire: Midwest Freeze Risk Update; ARG/BRZ Rainfall
Trend of models is away from a Corn Belt freeze…BUT nearby snow cover could negate that risk change.
