AgResource Farm Marketing Advice for Wednesday: 1/ No new advice. 6:30 AM CT CBT Prices: Nov soybeans are down 8.00 cents at $13.045, Dec corn is down 10.00 cents at $5.385 and Sept Chi wheat is down 4.25 cents at $6.42. AgResource Morning Grain/Soy Comment & Analysis: Good Morning! It is the long-awaited USDA Crop…
Highlight: Changeable/Wetter U.S. Corn Belt forecasts. Europe/Russia crops look OK. After a Southern Brazil freeze South America will warm-up! Admin: Out of office July 2-10 on annual break. Fig. 1-2: GFS 15-day percent of normal rainfall forecast and the change from 24 hours ago. U.S. Corn Belt rainfall discussion: The GFS 15-day rainfall…
Highlight: Expected high-pressure ridge over Europe is more disorganized. Charts of the day: Storms bring rain across France/Germany to Ukraine this week. Discussion: A showery week ahead from France/Germany to Ukraine (and vicinity). A showery regime extends to the Russia spring wheat drought area. Hot weather is east of Caspian Sea. Week-2 Ahead Forecast valid…
AgResource Farm Marketing Advice for Wednesday: 1/ No new advice. Just over 55 Mil acres of US corn/soybean acres that are enduring short or very short soil moisture in the NW Midwest and the N Plains. Crop stress will increase next week If N & S Dakota, Minnesota, half of Iowa and Wisconsin acres are…
North American Forecast Consistent With Prior Runs; Return of Plains Heat Imminent: The EU, GFS and Canadian Ensemble models are unwavering in their calls for the return of heat/dryness to the Plains and W Midwest. Expansive high pressure Ridging returns to all but the Eastern Midwest and Delta/Southeast beginning Friday. Max temps in the upper…
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