Climate Impact Report: Wet Another 10 Days in Europe; Very Warm Argentina
Argentina is very warm while Europe stays cool and wet this week.
Climate Impact Report: Cooler U.S. Pattern Change Ahead But Will It Last?
There are signs of returning widespread heat to the U.S. mid-to-late August.
AgResource Sunday Commentary: CBOT Called Steady/Slightly Lower on Improved Central US Weather; Russia Blockades Ukrainian Ports; World Crop Production in Decline vs July Rains
Sunday Pre-Opening CBOT Calls Are: Soybeans 4-6 cents lower, corn 2-4 cents lower with wheat steady to 3 cents lower. AgResource Week Ahead Market Discussion: CBOT grains are called steady to lower on improving weather for the Central Plains and the Central Midwest. Strong T-storms produced widespread severe weather including straight line winds, hail…
U.S. Soybean Export Inspections Could Be 260,000 MT. July Census Exports Could Be 1.18 MMT.
Summary: This week’s soybean export inspections could be 260,000 MT (8 MBU). That would be down 8% from the previous week. This week’s US soybean ship lineup is 548,000 MT (20 MBU), up 11% from the previous week. There were 11 vessels to-be-nominated (TBN), that is down 4 from the previous week. USDA lowered their projection for 2022/23 US exports…
