Statistics Canada Crop Estimates All Wheat 22.9 MMTs Canola 14.75 MMTs Oats 3.07 MMTs Durum 4.0 MMTs. The Stats Canada estimates were considered neutral to slightly bearish, Canola and all wheat were on the high side of trade expectations.
AgResource Farm Marketing Advice for Monday: 1/ No new advice. 6:30 CT CBT Prices: Nov soybeans are down 2.00 cents at $13.2125, Dec corn is down 3.50 cents at $5.5025, with December Chi wheat up 5.50 cents at $7.38. AgResource Morning Grain/Soy Comment & Analysis: Good Morning! CBT futures were higher in early overnight trade,…
Chart of the day: U.S. population weight CDD outlook. Discussion: The population weight CDD forecast through middle of September has shifted slightly cooler each day over the weekend. The forecast is warm for this week but ease back to the cooler 30-year normal for next week into mid-September. Medium-range 6-10 Day Forecast Valid September 4-8,…
Fig. 1-2: ECM days 1-5/days 6-10 temperature anomalies for the AG Belt. Central/South Great Plains discussion: In yesterday’s outlook concern regarding heat and dryness over the next 2 weeks for the central and southern Great Plains was identified. Overnight a more favorable forecast has developed especially for Kansas. In the wake of inland-traveling “Ida”…
Fig. 1-4: GFS ENS temperature anomaly forecast for the U.S. during days 1-7/days 8-14 and the 15-day rainfall anomaly forecast plus soil moisture anomaly analysis. U.S. discussion: Hot weather is indicated by GFS ENS in the central and southern Great Plains this week (Fig. 1). The heat is enhanced by the warming of the atmosphere…
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