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Overnight Highlights |
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Commodity Weather Group Forecast |
· Short-term rains (slightly reduced) favor Great Lakes/far SW Midwest; heaviest in 6-10 day Plains/SW Midwest · MO/KS/OK/N. TX at greatest risk for pockets of too much rain; moisture still otherwise aids filling soy in Midwest · Far N. Delta wetter mid/late next week, but most of corn/soy/cotton see needed drying after tomorrow · Limited interruptions to late N. Plains spring wheat harvest; pushes toward completion during rest of month · Wetter outlook both early and late next week slows drying in wet sections of W. Canada wheat/canola · Pre-planting moisture continues to build for much of Plains winter wheat |
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All opinions expressed in this commentary are solely those of Water Street Advisory. This data and these comments are provided for information purposes only and are not intended to be used for specific trading strategies. Although all information is believed to be reliable, we cannot guarantee its accuracy or completeness. There is significant risk of loss involved in commodity futures and options trading and may not be suitable for all investors. |
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