Climate Impact Report: Expect a drought in Germany (and vicinity). A hot and mostly dry summer Central/Northern Europe into Western Russia.
A drought is forecast to develop in Central Europe mid-summer.
A drought is forecast to develop in Central Europe mid-summer.
Where temperatures are warmer than normal, they are excessive in May for the U.S.
US Wheat Futures End Mixed; KC/MGE Contracts Unwilling to Break: World wheat futures ended steady to lower, but contracts in KC and Minneapolis largely shrugged off weakness as weather threats worsen. The fundamental wheat outlook is turning more bullish as supply issues will be difficult or impossible to solve in the 22/23 crop year. Don’t…
Hogs Fall on Fund Liquidation to Start the Week: CME hog futures fell $2-3 to open the week. Fund liquidation resumed as other US financial and commodity markets were under pressure in early week trade. June hogs fell below the 200-day moving average and finished just above the cash index. The CME’s lean hog index…
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