U.S. Week 2-4 Outlook: Cooler Mid-April; Wet Shift Into East.
A cooler pattern change for Mid-April while wet weather shifts into the East.
A cooler pattern change for Mid-April while wet weather shifts into the East.
1/ No new advice. We await a decision on a US/China Trade Deal before updating sales advice. Although China’s economy may be signaling that its bottoming, there is no evidence that index fund investors are returning to commodities in a big way. Friday’s CFTC Ag Index Fund position showed a modest 3,000 contract gain, but…
The extended range forecast features more of the same. The major forecasting models are in general agreement that freezing lows resume across the Dakotas and Upper Midwest beyond April 10th. More lite/moderate precip is likely Central Plains April 11-12, with some 1-3” of snow forecast across the Northern US. Some measure of corn planting occurs…
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