Tropical weather outlook for summer 2023
The reversal of La Niña is part of the ENSO (El Niño Southern Oscillation) weather phenomenon, which drives a shift in global weather patterns [...]
Corn futures see end-of-week recovery
Global economic and environmental factors have created a positive environment for U.S. corn exports while corn futures ended the week on stable footing. May-23 [...]
Corn market quiet ahead of WASDE
The corn market is holding steady despite hits to its three major demand categories, weather variability, and political uncertainty. Mar-23 corn closed a bit [...]
Corn export sales see slow start to season
U.S. trade partners appear to be holding off buying 2022/23 corn: Sales were a mere 182,339 MT during the week of Sep. 15 (7.2 [...]
Early forecast out for 2022 North Atlantic hurricane season
Colorado State University (CSU) meteorologists published their first preliminary extended forecast for this summer’s Atlantic hurricane season. La Niña conditions across the equatorial Pacific [...]
2021/22 world palm oil stocks lowered to 12.8 MMT
USDA lowered projected 2021/22 world palm oil stocks by 149,000 MT in the January oilseeds update. A decline in Malaysian palm oil production was [...]
Pacific La Niña conditions bring atypical weather to Americas
Intensified upwelling in the equatorial Pacific is bringing unusually cold sea surface temperatures, part of the cold event known as La Niña. Although the [...]
Corn futures remain in consolidated trading pattern
Futures activity Dec-21 corn futures closed last week a bit higher at just under $5.27 per bushel. Futures are inverted for the second half [...]