Highlight: Stalled MJO in central Pacific ignites a downstream wet upper trough over Brazil. Meanwhile Argentina dryness persists. Charts of the day: The 10-day outlook. Discussion: Waters in the equatorial East Pacific are warming as La Nina is fading. However, the atmosphere remains in La Nina mode. The positive southern oscillation index (+SOI) is second…
Charts of the day: 10-day Australia rainfall pattern. Discussion: A wet pattern likely related to a cool push of water from the east toward the Dateline combined with warm SSTA north and northeast of Australia. The tropics produce several areas of heavy rain the next 10 days. Week-2 Ahead Forecast valid February 15-21, 2021: Wet…
Hog Futures End Higher on Cash Trade: CME hog futures were mostly firm at the close on Thursday. The exception was February, which closed $1.35 lower, under pressure from the premium to the cash market. The cash hog index gained $.30 to $69.17, but weakness in the pork market looks to weigh on the index…
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