Fig. 1-3: The mega-cluster most likely percent of normal rainfall forecast for days 1-5, 6-10 and 11-15 across South America. South America rainfall: The mega-cluster ensemble is the precipitation forecast guide for the next 15 days due to inconsistencies with the operational models. The most likely day 1-5 forecast is a low confidence outlook (35%…
Chart of the day: Hawaiian rains contribute to West Coast wet pattern. Discussion: The Canadian Ensemble projects heavy rainfall just west of the Hawaiian Islands in the 15-day forecast. Some of that moisture is entrained northward into the middle/northern latitude of the North Pacific storm track. The North Pacific storms strengthen shifting into the long…
Executive Summary: The Climate Impact Company month 1-3 ahead forecast for South America valid for February to April 2021 is updated. The month of May is added. The forecast is based primarily on three SSTA regions spread across the tropics either side of South America. La Nina is forecast to weaken. The SSTA patterns and…
AgResource Farm Marketing Advice for Friday: 1/ No new advice. Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 6:30 AM CBOT Prices: Mar soybeans are down 28.50 cents to $13.41, Mar corn is down 9.50 cents at $5.15 while Mar Chi wheat is down 16.50 cents at $6.4475. AgResource AM CBOT Comment & Analysis: Good Morning! CBOT futures are sharply lower overnight…
AgResource Farm Marketing Advice for Friday: 1/ No New Advice. After a record large US soybean export program that has run from September through December, cash fob Gulf soybean basis has weakened as elevations became available (ADM elevator coming back on-line) as the program seasonally slowed. Notice that at $1.05 over spot CBOT futures, basis…
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