Highlight: Mid-to-late August looking wetter. Some erosion of the major drought areas possible heading through autumn. New drought in Nebraska/Kansas? Fig. 1: Current U.S. soil moisture anomalies across the U.S. Observation discussion: D3 and D4 drought classification identifies a long-term drought. Long-term implies at least the next season (90 days) is not…
Southern Europe hot/dry pattern ahead (with drought expansion). Fig. 1: Most recent European Drought Observatory drought analysis for Europe. Fig. 2: GFS 15-day temperature anomaly forecast across Europe. Fig. 3: GFS 15-day percent of normal rainfall forecast across Europe. Discussion: The most recent European Drought Observatory drought analysis reveals the developing summer 2021 drought in…
Executive summary: The upper ocean heat in the equatorial East Pacific is collapsing rapidly. This climate diagnostic is a key signature for ENSO phase change toward La Nina. The cooling subsurface indicates there is potential for a significant La Nina event. La Nina will enhance the North Atlantic tropical cyclone season activity/intensity for mid-to-late season,…
Highlight: Northwest heat (days 6-10) will shift eastward (days 11-15). Chart of the day: Latest population weight CDD forecast. Discussion: The population weight CDD consensus forecast is similar to 24 hours ago. The GFS OP continues as the hottest forecast solution. Medium-range 6-10 Day Forecast Valid August 14-18, 2021 Medium-range 11-15 Day Forecast Valid August…
AgResource Farm Marketing Advice for Monday: 1/ No new advice. 6:30 CT CBT Prices: Nov soybeans are down 2.50 cents at $13.3425, Dec corn is down 4.00 cents at $5.525 with Sept Chi wheat down 5.50 cents a $7.135. AgResource Morning Grain/Soy Comment & Analysis: Good Morning! CBT futures are slightly lower in moderate volume.…
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