AgResource Breaking Analysis
Rapid WASDE Overview (June 2023/24)
Rapid WASDE Overview (June 2023/24)
The Buenos Aires Grain Exchange this afternoon pegged the Argentine soy harvest at 94%, with the cumulative average yield unchanged at 1.51 tons/hectare. This compares to USDA’s forecast of 1.80 and implies a final crop size of 22.7 MMTs, vs. USDA’s projected 27.5. Argentina’s cumulative corn yield at 33% harvested (vs. 44% on average) is…
Midday EU Model Offers Little or No Rain for the Central US into June 11th: The EU Midday Weather Model has just completed its run and did not change from the arid forecast that was made overnight. The track record of the EU Model has been outstanding this spring, and remains our preferred forecasting model.…
USDA WASDE May 2023/24 Overview
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