Corn futures retreat from spike after plantings report

The 2021 Prospective Plantings and Grain Stocks reports delivered plenty of surprises last week. Expectations were for planned corn acres to come in around 93.1 million acres. The result? The market was left 2 million acres short at 91.1 million acres, and prices rose [...]

Forecasters calling for another active hurricane season this coming summer

AccuWeather released its first predictions for the coming North Atlantic hurricane season, which will begin officially in June of this year. Although not expected to be as active and severe as 2020‘s season, which saw the most named storms to strike the U.S. since [...]

Latest sea surface temperatures may hold clues for upcoming cocoa season

The latest NOAA satellite data is yielding some interesting observations for weather across West Africa in both the short and long term. Specifically, we have seen a significant cooling in the equatorial Pacific region consistent with potential development of La Niña later this year. [...]

Latest ENSO forecast predicts neutral conditions through spring

NOAA released its latest prediction on the El Niño Southern Oscillation (ENSO) on Feb. 13. The synopsis: A 60 percent chance of ENSO-neutral conditions for the Northern Hemisphere this spring, with a 50 percent chance that these will continue through the summer. This latest [...]