Soybeans and Meal Consolidate Recent Gains: Quieter trading unfolded on Tuesday that left soybean and soymeal futures lower at the close. Following strong rallies in the last week, bullish traders were anxious to book profits. While the CBT corrected, Midwest processor markets have held firm. Cash market trends are firming. The chart shows Decatur, IL…
Highlight: After a very wet week, patchy wet weather is indicated next 10 days in East Australia. Fig. 1: Last week was wet across the eastern half of Australia with excessive amount including some daily records in Victoria, New South Wales and Queensland. Fig. 2-4: Operational models vary therefore the mega-cluster ensemble is selected as…
Charts of the day: Days 1-5/6-10 South America rainfall pattern. Discussion: A cold front triggers heavy rain the next 1-2 days across far southwestern Brazil to Paraguay and into southeastern Brazil. Later this week the wet weather shifts north toward Central Brazil. Meanwhile wet trade winds persist the next 10 days into northern South America.…
Highlight: Incoming MUCH colder change for Europe and Western Russia. Charts of the day: Major harsh change ahead for days 6-10. Discussion: The upper air pattern this week compared to what’s expected beginning this weekend is scary. The warm upper ridge over Western Europe this week is crushed by an evolving super trough in the…
Highlight: Major Northeast storm next week followed by colder (East) adjustment. Climate Signals Chart Days 6-10 Days 11-15 Arctic Oscillation Strong Negative Negative North Atlantic Oscillation Strong Negative Negative Pacific North America Weak Positive Positive West Pacific Oscillation Weak Negative Neutral East Pacific Oscillation Weak Positive Neutral Madden Julian Oscillation Weak Indonesia Weak Indonesia…
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