AgResource Farm Marketing Advice for Wednesday: 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%. 6:30 AM CT CBT Prices: Jan soybeans are down 2.00 cents at $12.575, Mar corn is down 2.50 cents at $5.8775 and Mar Chi…
Executive Summary: The Climate Impact Company month 1-3 ahead forecast valid for quarter 1 of 2022 across East Asia is updated. The forecast is based on presence of a high amplitude upper-level ridge across an unusually warm northwest quadrant of the North Pacific Ocean which extends into East Asia rendering a warmer than normal mid-to-late…
The duration of this pattern of warmth and dryness must be watched closely. The CFS model’s updated 30-day precip anomaly forecast is attached. Drought in southern Brazil will deepen, while abnormal dryness will be established in Argentina by early January. Confidence in the details of long-range forecasts is low, but the CFS model as of…
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