CBT futures are mixed at midday with corn/Chi wheat firmer with soybeans/KC wheat weaker. December oats did reach a new historic high this morning $6.05, exceeding the prior high set in 2014 at $6.00. Old time traders used to argue that oats were the bellwether for the CBT since it was a mostly commercial marketplace.…
Fig. 1: The subsurface equatorial Pacific keeps getting colder. Discussion: The subsurface equatorial eastern Pacific upper ocean heat is plummeting. Last week, the core of the big chill strengthened about halfway in-between the Dateline and northwest South America coast (Fig. 1). In September, the upper ocean heat index to the east of the Dateline lowered…
AgResource Farm Marketing Advice for Monday: 1/ No new advice. 6:30 CT CBT Prices: Nov soybeans are down 8.75 cents at $12.375, Dec corn is down 2.00 cents at $5.3925 with December Chi wheat down 1 cent at $7.5425. AgResource Morning Grain/Soy Comment & Analysis: Good Morning! CBT futures are lower to start the week…
Highlight: Continue very warm Central and East. Chart of the day: The last super warm Central/East October was in 2016. Following November was (anomalous) warmer! Â Discussion: Given the super warm first half of October 2021 in the Central and into the East U.S. which is likely to last beyond mid-month reasonable is to project…
Highlight: Wet Medium-range Forecasts in Key Crop Areas Discussion: After a dry and very warm week ahead in the Great Plains a wetter pattern unfolds due to a slowly progressing Western U.S. upper trough. In the 6-10-day period 1-3 in. of rain is likely across parts of the Great Plains into the Midwest States (Fig.…
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?
