Climate Impact Report: Drought Expansion in JUN/JUL to Iowa and vicinity; Wetter Late Summer
The latest U.S. month 1-4 ahead forecast features significant changes.
Climate Impact Report: Heavy rains, MJO and El Nino
Texas drought eroding due to heavy rains ahead supported by MJO episode. North of that wet zone, unclear on where and how much rain occurs. Kansas drought may spread northeastward. MJO event likely to trigger El Nino in June.
AgResource Sunday Commentary; Russia Holds Fast to No Deal on Black Sea Corridor; US CoT Report Reflects Massive Speculative Selling Last Week; USDA is out on Friday
Sunday Pre-Opening CBOT Calls Are: Soybeans steady to 2 cents higher, corn steady to 1 cent higher with wheat called 2-4 cents higher. AgResource Week Ahead Weather and Market Discussion: CBOT futures are called steady to slightly higher following Friday’s firm close amid the massive net short position in US Chicago wheat futures that…
