Last Week’s Weather & 2-Week Outlook Global Crop Areas
Needed rainfall for Canadian wheat ahead while brief rains also affect the parched soils of the China wheat zone. More rains for the southern U.S.
Needed rainfall for Canadian wheat ahead while brief rains also affect the parched soils of the China wheat zone. More rains for the southern U.S.
** AgResource Daily Cattle Analysis: Cattle futures closed sharply lower on Friday and and additional pressure is expected this AM amid bearish technical considerations. US President Trump has not backed away from a 5% tariff start on Mexico as he is visiting the UK today. June 10th is just a week away and the imposition…
** AgResource Farm Marketing Advice for Monday: 1/ Corn Producers: Sell 20% of the estimated 2020 corn crop at $4.23. This would price 60% of the anticipated 2020 corn crop. 2/ Corn Producers: Sell 20% of the 2021 corn crop at $4.24 and 20% at $4.29 basis Dec 2021 corn futures. This would price…
Needed wet weather in Canada this week while the U.S. pattern trends wetter.
The wet input from the MJO has shifted east but now the Gulf of Mexico tropics become active and likely sustain a mostly wet pattern continuing in the Great Plains.
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