AgResource Farm Marketing Advice for Tuesday: 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 3.00 cents at $12.415, Mar corn is down 1.50 cents at $5.835 and Mar Chi…
Mild weather this week but a colder pattern change is ahead for next week.
Winter weather is ahead for the northern U.S. strengthening into early January.
Fig. 1: The 12-week Nino region SSTA observations. Discussion: Last week, the Nino SSTA regions edges slightly cooler as moderate-strength La Nina persists (Fig. 1). The atmospheric signature is stronger as multivariate ENSO index (MEI) for OCT/NOV 2021 was -1.5. Some important developments are occurring in the subsurface and are likely related to the Madden…
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