Highlight: U.S. wet soil regions trend wetter. Brazil relentlessly dry. Europe trends wetter/Black Sea drier. India may go wet in 3-4 weeks. Fig. 1-2: ECM ENS 15-day U.S. precipitation anomaly and the ECM week 3-4 precipitation anomaly forecast. U.S. discussion: Where is soil moisture not dry? Answer? Where the 4-week forecast projects most of the…
AgResource Farm Marketing Advice for Wednesday: 1/ No new advice. 6:30 AM CT CBT Prices: July soybeans are up 13.00 cents at $15.515, July corn is up 2.25 cents at $6.99 while July Chi wheat is up 2.25 cents at $7.29. AgResource Morning Grain/Soy Comment & Analysis: Good Morning! CBT futures traded mixed in early…
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Wet Midwest Pattern Extended into Late May: The Central US forecast remains consistent with previous output over the next two weeks. An active pattern of showers will impact the Delta and S Midwest into May 15th, with cumulative totals upward of 2-4” offered to Arkansas, Missouri, Illinois, Indiana and Ohio. Central US temps stay cooler…
No Rain Forecast for Brazilian Corn; Soil Moisture to be Fully Depleted: The major forecasting models are consistent in offering complete dryness to whole of Central and Northern Brazil into May 20th. Topsoil moisture across Central Brazil has been absent for some time. The attached graphic shows that subsoil moisture has also been nearly depleted…
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