AgResource LATAM, Nov 24
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AgResource Farm Marketing Advice for Wednesday: 1/ No new advice. CBT ag markets are lower at midday in a reversal from the overnight trade, with wheat pacing the break on profit taking. As mentioned this AM, grain markets worldwide are heavily overbought and profit taking will occur periodically with wheat at 9-year highs. The…
The Climate Impact Company meteorological winter 2021-22 forecast is adjusted warmer. Executive summary: The Climate Impact Company (CIC) U.S. Winter 2021-22 Outlook is updated. The forecast is presented on a monthly basis for December 2021 through March 2022. The initial forecast is also provided for comparison. The forecast is based on a constructed analog (CIC-CA).…
Highlight: GFS and ECM indicate stratospheric warming over northwestern North America in the 11-15-day period. So…monitoring for potential arctic air mass. Climate Signals Chart Days 6-10 Days 11-15 Arctic Oscillation Weak Positive Strong Positive North Atlantic Oscillation Neutral Positive Pacific North America Positive Negative West Pacific Oscillation Neutral Neutral East Pacific Oscillation Weak Positive…
Highlight: Monitoring Great Plains soil moisture/precipitation, more Australian rains, new Argentina rains and winter is early in Europe. Fig. 1-2: Dryness from coast to coast the next 15 days maintains the dry soils in the Central U.S. Fig. 3-4: The Climate Impact Company updated FEB/MAR 2022 precipitation anomaly outlook. U.S. discussion: As meteorological winter arrives,…
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