Climate Impact Report: La Nina-biased Late Winter/Early Spring Climate Pattern
La Nina weighs heavily on the outlooks into APR/MAY 2022.
La Nina weighs heavily on the outlooks into APR/MAY 2022.
Corn Market Corrects Following Tuesday Surge Wheat Weakness: CBT corn futures ended 6-7 cents lower amid modest profit taking. ARC estimates that managed fund length Tuesday evening reached 380,000 contracts vs. 373,000 the prior week. This is just 20,000 shy of April’s peak and as South American weather begins to directly impact yield potential, clients…
World Wheat Futures Drop; Aussie Domestic Market Scores New Seasonal Low: Wheat markets worldwide ended moderately weaker on Wednesday as corn failed to follow through on Tuesday’s rally and the Australian domestic market is oversupplied and lacking export capability. Spot wheat in E Australia settled at $248/MT vs. 261 last week, and a. November’s peak…
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