Highlight: MJO position shuts down North Atlantic tropics remainder of July. Fig. 1: NCEP 14-day MJO forecast indicates phase_4/phase_5 transition across Indonesia. Fig. 2: The vertical motion forecast associated with the MJO for the remainder of July indicates support for convective rains in the Indian Ocean across Indonesia while the eastern tropical Pacific/tropical North Atlantic…
CBT futures are holding their morning gains based on a neutral to slightly positive July WASDE crop report. The report confirmed WASDE’s conservative nature in adjusting US/Canada and Brazilian crop estimates. WASDE will further cut its Canadian crop and Brazilian corn crop estimates in August & September based on adverse weather. Brazil will suffer another…
Click here to view the data Sir/Ms: Attached is a table that provides estimates of the latest weekly shipments of wheat, corn and soybeans from principal exporters. Soybean exports were up 371,000 MT from the previous week and cumulative exports are up 2.5% from a year ago. USDA projects global soybean exports to be…
Click here to view the data Sir/Ms: Attached is a table that provides estimates of the latest weekly shipments of wheat, corn and soybeans from principal exporters. Soybean exports were up 371,000 MT from the previous week and cumulative exports are up 2.5% from a year ago. USDA projects global soybean exports to be…
Click here to view the data There’s a LOT of numbers in these tables. If you see any errors, please let me know.
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