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Overnight Highlights |
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Commodity Weather Group Forecast |
· Weekend rains heaviest (locally 3 to 7”+) from C. TX into E. KS; mostly 1 to 2” into W. Midwest, patchy farther east · WI/MN/IA/E. NE/E. KS drier until at least next Mon. to ease wetness; far E. Midwest/Mid-Atlantic wettest this week · Return of rains in balance of 6-15 day slows W. Midwest corn/soy harvest again, but limited damage risks · Need to watch tropics in 6-15 day, but fairly dry pattern currently projected to aid corn/soy/cotton harvest in South · Favorable planting prospects for Plains wheat this week; 6-15 day showers may still miss drier patches in CO/SW KS · Wheat/canola harvest in N. & W. Can. Prairies slows again late this week & 6-10 day; break possible in 11-15 day |
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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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