AgResource Mid-Day Commentary: Wheat Corrects, Row Crops Follow; S American Weather Favorable into Early Dec

AgResource Farm Marketing Advice for Wednesday: 1/ No new advice.   CBT ag markets are lower at midday in a reversal from the overnight trade, with wheat pacing the break on profit taking. As mentioned this AM, grain markets worldwide are heavily overbought and profit taking will occur periodically with wheat at 9-year highs. The…

Climate Impact Report: U.S. Medium-range Forecast Report

Highlight: GFS and ECM indicate stratospheric warming over northwestern North America in the 11-15-day period. So…monitoring for potential arctic air mass. Climate Signals Chart   Days 6-10 Days 11-15 Arctic Oscillation Weak Positive Strong Positive North Atlantic Oscillation Neutral Positive Pacific North America Positive Negative West Pacific Oscillation Neutral Neutral East Pacific Oscillation Weak Positive…