Climate Impact Report: The look of the forecast for middle third of November is wetter for Brazil.
Forecast trends wetter in Brazil except far southeast sections for November.
Forecast trends wetter in Brazil except far southeast sections for November.
AgResource Farm Marketing Advice for Friday: 1/ Corn Producers: Sell another 20% of the 2022 corn crop if March corn futures reach $7.15. This would push 2022 corn sales to 60%. 2/ Wheat Producers: Sell another 20% of the 2022 wheat crop if December Chi wheat reaches $9.74. This would push 2022 wheat sales to…
Models at Odds Over Argentine Rainfall; Wetter Brazilian Pattern Probable Beyond Nov 12: The EU & GFS models agree that needed rain impacts Argentina next Thurs-Sat, but the location and intensity of precip will be fine-tuned in the days ahead. The better performing EU model projects accumulation of .50-1.50” across the heart of Argentine corn…
US Forecast Trends Wetter in Western Midwest; HRW Belt Stays Arid: The Central US forecast is broadly consistent with prior runs, though updated guidance features cumulative precip worth 2-4” across E KS, OM, IA and WI into early next week. This will boost levels of the Mississippi river at surrounding locations, but is unlikely to…
Soybeans Correct Early Week Gains: Soybeans were lower on technical selling, and January fell back below the 200-day moving average. Soybean oil remained (relatively) strong, with December ending near the highs, while all contracts beyond January were higher. September soybean oil exports were reported at 45 Mil Lbs, 11 Mil Lbs more than last year,…
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