Discussion: An amplifying upper trough beginning early next week over South-central Australia continues to strengthen through the 11-15-day period shifting eastward. An unusually cool air mass evolves across Australia in the 6-10-day period (Fig. 1) shifting into East Australia days 11-15 (Fig. 2). Prior to this event, temperatures reach 100F over the North! As the…
Highlight: Great Plains less wet in medium-range, Southeast Europe heavy rainfall episode and Southeast Brazil trends wetter. Fig. 1-2: GFS percent of normal 15-day precipitation forecast and 24-hr. change. Great Plains trends drier: Heavy precipitation remains focused on the 6-10-day period for the northern Rockies and into the North-central U.S. (Fig. 1). Mountain areas receive…
Thank you for subscribing to AgResource Weekly Newsletter!
Soybeans Rally on Soaring Vegoil Markets: Soybeans slipped to fresh lows in the overnight trade and then rallied 14 cents on Tuesday. Soybean oil led the CBT soy complex higher with December gaining 2.3 cents/Lb and pushing back above major moving averages. Strength in soyoil developed as Malaysian palm oil futures pushed to historic highs…
Corn Sets Back in Range-Bound Trade: Corn finished 3-4 cents lower in a dull trading session. The volume of trade fell along with the price. Cash corn markets in the Eastern Midwest plunged following hurricane Ida and are still trying to find their footing during harvest. Barge freight soared following the hurricane, and the higher…
Contact
submission
You have successfully added an item to your cart! You may view the contents of your cart and proceed with checkout, or continue shopping.
Multiuser
subscription
How many users would you like to add?
