Chart of the day: Climate signals support colder West ahead. Discussion: The Pacific North America (PNA) index trends into a moderate-to-strong negative phase in the 8-14/11-15 day period supporting a colder western U.S. regime. Medium-range 6-10 Day Forecast Valid January 17-21, 2021 Medium-range 11-15 Day Forecast Valid January 22-26, 2021 Discussion: Northern warmth begins to…
Highlight: Heavy rains across northeast Argentina this morning. Fig. 1: Heavy rains across north/northeast Argentina this morning. Extreme rainfall event northeast Argentina this morning: A cold front has moved northward to northeast Argentina and is focusing a meso-scale convective complex (MCC) causing extreme rainfall (Fig. 1). The rainfall extends to the Uruguay/southern Brazil border. The…
Highlight: Turning snowy days 11-15 northern Plains; frigid weather touches Eastern Europe. Fig. 1-2: Percent of normal precipitation forecast across the U.S. for days 1-10 and days 11-15. U.S. pattern change ahead: The mild pattern across Canada extending to the northern half of the U.S. fades by days 8-14/11-15. During the lingering milder pattern the…
AgResource Farm Marketing Advice for Tuesday: 1/ Wheat Producers: Exit 25% of 2021 wheat hedges basis July Chi futures at $5.86. Â Â Â Â 6:30 AM CBOT Prices: March soybeans are up 7.50 cents to $13.80, March corn is up 2.25 cents at $4.945 while March Chi wheat is up 13.75 cents at $6.485. AgResource AM CBOT…
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