Click here to view the data Attached is a table that provides estimates of the latest weekly shipments of wheat, corn and soybeans from principal exporters. Soybean exports were down 1.34 MMT from the previous week (a 5-month low) but cumulative exports are up 3.9% from a year ago. USDA projects total global soybean exports…
Click here to view the data Attached is a table that provides estimates of the latest weekly shipments of wheat, corn and soybeans from principal exporters. Soybean exports were down 1.34 MMT from the previous week (a 5-month low) but cumulative exports are up 3.9% from a year ago. USDA projects total global soybean exports…
Highlight: Dangerous hot weather pattern for the Central U.S. Charts of the day: The afternoon exposure to smoke fallout from the Northwest U.S. fires. An evolving issue which will worsen. Discussion: The intense fire season in the Northwest U.S. is one month ahead of schedule. The catalyst to the early start is shortages in both…
Highlight: Heavy rains in the Southwest U.S. drive the North America pattern. Flash flooding Southwest, widening North-central U.S. drought and heat spike days 6-10 in the Mid-Atlantic region. Fig. 1: ECM ENS projects the 15-day upper air pattern for North America with primary features annotated. Discussion: The Southwest U.S. Monsoon brings 3-6 in. of rain…
Highlight: Incoming broadening upper trough pattern for Europe (again). Hot/dry weather strikes Northeast China soybeans. Southern Australia rains persist. Onset of wetter pattern in Brazil days 11-15? Fig. 1: Strong negative phase of the Scandinavia Index promises a returning cool/wet trough to Europe. Scandinavia Index: Mid-summer has averaged wet and cool across Europe although very…
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