AgResource Weekly Newsletter, Jan 31
Thank you for subscribing to AgResource Weekly Newsletter!
Thank you for subscribing to AgResource Weekly Newsletter!
AgResource Farm Marketing Advice for Wednesday: 1/ Wheat Producers: Sell another 20% of the 2022 wheat crop if March Chi wheat reaches $8.02. If filled, 2022 sales will be pushed to 60%. The Case Shiller Housing Price Index recorded the 5th consecutive monthly decline in US housing prices in October. Compared to October, the index…
Additional Scattered Showers Impact Argentina Next 24-48 Hours; Welcomed Drier Pattern Offered to Central Brazil: The South American forecast leans most non-threatening, but the duration of dryness in Argentina in the first half of February warrants close monitoring. ARC does note that additional scattered showers worth 1-2” will impact important parts of Cordoba and southern…
El Nino Probable by Summer: The equatorial Pacific Ocean continues to warm, and ENSO forecast this week have trended a bit more aggressive in the speed of El Nino’s arrival. The Australian Bureau of Meteorology’s updated forecast is attached. Ocean temps surpass El Nino’s threshold beginning in May and warming is forecast to continue throughout…
The January Cattle inventory report is typically not a major event for the cattle market. However, the 2023 inventory data has been highly anticipated following back-to-back years of historic beef cow slaughter. Measuring the report against trade estimates is also tricky as NASS typically revises the previous year’s inventory. Nevertheless, this year’s report confirmed a…
Contact
submission
You have successfully added an item to your cart! You may view the contents of your cart and proceed with checkout, or continue shopping.
Multiuser
subscription
How many users would you like to add?