Click here to view the data US corn export inspections could be 2 MMT (80 MBU) next week. Ship lineup data indicates that just over half of that is destined for China (1.185 MMT – 47 MBU). Based on the pace of inspections the last three weeks, total US May corn inspections are expected to…
Click here to view the data US corn export inspections could be 2 MMT (80 MBU) next week. Ship lineup data indicates that just over half of that is destined for China (1.185 MMT – 47 MBU). Based on the pace of inspections the last three weeks, total US May corn inspections are expected to…
Low volume and mixed are CBT grain futures at midday. Soybeans/soyoil have been able to recover while corn/wheat hold with modest midday losses. The volume of trade is well down from recent days as few desire to add to their market risk heading into the weekend. Europe is closed for a holiday Monday with the…
Fig. 1-4: ECM days 1-5/days 6-10 rainfall forecast for the U.S. AG Belt and Canadian Prairies. Great Plains/Canada 10-day discussion: The extreme rainfall over the northwest Gulf of Mexico States continues although less widespread while the attendant moisture surges into the Great Plains causing patchy rains in the 5-day forecast (Fig. 1). A more…
Negative Antarctic oscillation spawns Australian Chill Fig. 1: An emerging strong negative Antarctic oscillation for late May. Fig. 2-3: GFS temperature anomaly forecast across Australia for days 1-7 and days 8-14. Fig. 4-5: ECM ENS <32F threshold forecast for Australia for the medium-range. Australia discussion: An emerging negative phase of the Antarctic oscillation (Fig. 1)…
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