U.S. Medium-range Forecast: Models differ on how hot ahead!
The GFS is much hotter than ECM in the Central U.S. medium-range forecast.
CBT Rallies on Threatening Weather; Traders Ponder Central US Ridge Duration and its Importance to Yield; NASS Crop Ratings to Rise Today
AgResource Farm Marketing Advice for Monday: 1/ No new advice. 6:30 CT CBT Prices: November soybeans are up 9.75 cents at $14.015, Dec corn is up 8.25 cents at $5.6025 with Sept Chi wheat up 9.50 cents at $7.006 AgResource Morning Grain/Soy Comment & Analysis: Good Morning! Yield threatening Central US weather rallied corn, soybean,…
Dryness/Heat To Edge Into The Western U.S. Corn Belt In Medium-range
Highlight: Dryness and heat remains a western U.S. Corn Belt problem through mid-summer. Super-hot/dry regime ahead North-central U.S. Fig. 1: The 15-day maximum temperature forecast for Des Moines and Sioux Falls, Iowa. Discussion: The maximum temperature forecast has trended hotter in two key locations of the western U.S. Corn Belt. Des Moines surges to the…
Sunday AG Market Weather/Climate Report: Western U.S. Corn Belt to accelerate.
Fig. 1: The 7-day rainfall forecast across the U.S. by NOAA/WPC. Discussion: The NOAA/WPC 7-day rainfall forecast across the U.S. calls for little or no rain across the North-central U.S. and southern Canadian Prairies southeastward to the western U.S. Corn Belt (Fig. 1). The wet pattern in the U.S. shifts to the Gulf States and…
CBT Called Sharply Higher on Deepening Threat of Lasting Heat/Dryness for the Central US; Increasing Midwest Heat into August
AgResource Pre Opening Sunday CBOT Calls Are; Soybeans 7-15 cents higher, corn 5-12 cents higher with wheat 4-8 cents higher. Sunday Weather & CBOT Market Discussion: Opening week CBT calls are higher on threatening Central US weather. The weekend GFS model has cranked up the heat with limited rainfall for the Central US over the…
