Highlight: Cold this week reversing much warmer next week. Charts of the day: Preliminary December 2021 climate pattern. Discussion: The preliminary analysis of anomalous temperature for December 2021 reveals the second warmest December since 2000. Western Canada turned very cold in December. The temperature anomaly analysis is similar in character to the modern-day climatology for…
Highlight: Hot/dry Argentina through mid-January followed by brief period of rains. Charts of the day: Preliminary December 2021 climate pattern. Discussion: The preliminary look at December 2021 climate pattern across South America reveals anomalous heat and dryness across Northern Argentina while heavy rains affected much of Brazil. Week-2 Ahead Forecast valid January 9-15, 2022: Steady…
World Wheat Market Stays Weak; Complete EU Export Data Due Tuesday; Plains Crop Ratings Fall Sharply: World wheat futures ended lower again, with March CBT having fallen $.65/Bu in just the last six sessions. ARC views wheat as undervalued but the market’s focus on larger Southern Hemisphere supplies continues to provide weight and fresh demand…
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