Charts of the day: Late June upper air pattern. Discussion: The mega-cluster ensemble da-15 projection of the most likely upper air pattern features an amplified upper ridge either based on the Canadian West Coast and extending to the Great Plains OR directly over central North America. Given the persistent -PDO pattern (cool waters off the…
Northern hemisphere concern areas are the North-central/Midwest U.S., France and West-central Russia. Europe/Southwest Russia monitored closely. Fig. 1: The end of May global soil moisture ranking anomalies and 3-month trend. Discussion: Assumed is that U.S. drought risk is the only significant dry regime influence on northern hemisphere crops for the summer 2021 season. Is that…
One more rainfall event before dryness returns: ECM continues to forecast considerably less rainfall than GFS for the third (of 3) rainfall episodes for the northern Great Plains this week (Fig. 1-2). While radar estimates of rainfall have shown the buoyant GFS to score considerably higher verification scores this week, actual observations by official NWS…
AgResource Farm Marketing Advice for Thursday: 1/ No new advice. 6:30 AM CT CBT Prices: July soybeans are up 5.25 cents at $15.6775, July corn is up 3.25 cents at $6.94 and July Chi wheat is down 7.50 cents at $6.7475. AgResource Morning Grain/Soy Comment & Analysis: Good Morning! CBT futures are mixed ahead of…
AgResource Farm Marketing Advice for Thursday: 1/ No new advice. Americans are back with their love of driving. US ethanol production/use improved dramatically during May – a trend that we expect will persist going forward. Roadways are filling and Americans are likely to spend their summer holiday on the road and driving to popular US…
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