Climate Impact Report: MS River low water level improving, identifying deep layer soil moisture deficits in So. America and colder Europe.
Deep layer soil moisture deficits in Brazil and Argentina are identified.
Climate Impact Report: Warmer U.S. medium-range forecast trend; Heavy rain Tennessee Valley
Heavy rain in the Tennessee Valley and vicinity this week.
US Corn Export Inspections Could Be 350,000 MT (13.8 MBU) vs 775,000 MT a Year Ago (30.5 MBU).
Summary: The lineup of ships waiting or scheduled to load US corn is estimated to 255,000 MT (10.0 MBU). That is up 18% from the previous week. Monday’s export inspections could be 350,000 MT (13.8 MBU). That would be up 16% from the previous week. There were 21 vessels to-be-nominated (TBN). That’s up 3 from the previous week. +++++++++++++++++++++++++++++ As…
Climate Impact Report: Pattern changes…emphasizes storminess, less arctic threat.
Charts of the day: NAWH trough shifts from southeast of Greenland in November toward West/Southwest Europe in December. Discussion: In November 2022, the 2014-2022 semi-permanent upper trough south of Greenland situated over a large pool of cooler than normal ocean water (surrounded by anomalous warm water) returned and intensified (left). Heading into December 2022, the…
AgResoure Sunday Commentary; CBOT Called Slightly Lower on Rain Chances for Argentina in Week 2 Forecast: OPEC+ Holds Oil Production Steady
Sunday Pre-Opening CBOT Calls Are: Soybeans 3-5 cents lower, corn 1-2 cents lower with wheat called down 1-3 cents. AgResource Week Ahead Weather and Market Discussion: CBOT futures are called slightly lower on the prospect for rain across Argentina and Southern Brazil in the week 2 forecast. The confidence level in the rain is not…
