Climate Impact Report: A colder Northern U.S. regime for January.
Impressive cold setting-up for the northern states in January.
Impressive cold setting-up for the northern states in January.
Argentine Forecast Trend Warmer; Still No Rain Offered to Arg/S Brazil Next Two Weeks: The major forecasting models are consistent that a La Nina-based blocking pattern holding across Argentina and the southern half of Brazil into mid-January. Over the weekend, model guidance trended warmer, with highs in the 90s/low 100s to be common across Arg,…
AgResource Farm Marketing Advice for Tuesday: 1/ Wheat Producers: Sell 25% of the 2021 wheat crop if March Chi wheat reaches $8.80. This would push 2021 cash wheat sales to 75%. AgResource has been fielding questions about the 2021 drought across S Brazil and Argentina in recent weeks. Most of the calls are skeptical of…
Central US Pattern Stagnates; Dryness to Persist across Southern Plains/Delta: US weather into early January will be driven by a further strengthening of La Nina, with abnormal warmth/dryness to be ongoing across the southern ag Belt. Complete dryness will impact all but the Upper Great Lakes and far Eastern Midwest into Dec 30th. Better rain…
RMA’s winter wheat acreage enrollment (insurance) data is not complete in late December, but it is useful in measuring year-over-year changes to US winter wheat seeding. The RMA data is helpful in forecasting NASS seedings. Shockingly, US winter wheat acres enrolled in RMA programs for 2022 totaled just 10.7 Mil acres, down 894,000 from a…
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