Charts of the day: Day-15 most likely North America temperature anomalies. Discussion: What is the most likely North America temperature anomaly forecast in 15 days (August 19)? The mega-cluster ensemble indicates the most likely hot weather core is located over the North-central/Upper Midwest U.S. The second-most likely option is the heat core slightly farther west…
U.S. Corn Belt Gains Rainfall! Discussion: Both the (wetter) GFS and more tempered ECM (Fig. 1) have increased their rainfall forecast for the Midwest U.S. including the Western U.S. Corn Belt where rainfall is needed. The ECM indicates 1-3 in. of rain with greatest amount in northeast Iowa/southwest Wisconsin. The rainfall increase is due to…
AgResource Farm Marketing Advice for Thursday: 1/ No new advice. 6:30 CT CBT Prices: Nov soybeans are down 7.75 cents at $13.18, Dec corn is up 2.00 cents at $5.4875 with Sept Chi wheat up 5.00 cents a $7.2225. AgResource Morning Grain/Soy Comment & Analysis: Good Morning! CBT futures are mixed in thin overnight volume.…
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AgResource Farm Marketing Advice for Thursday: 1/ No new advice. “Watch what I do; Not what I say!” By vessel counts and China’s monthly trade data, China will import nearly 28 MMTs of world corn in the international crop year that ends on September 30th. This is a record! Notice that China is importing 3…
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